This rare 1850 Proof dollar is deep steel gray with lively rose and gold iridescence on the reflective fields and lightly frosted motifs. The strike is bold and the surfaces yield no serious marks despite the assigned grade. From an unknown but no doubt modest Proof mintage for the date, perhaps on the order of just 75 to 100 pieces all told; the PCGS website Population Report suggests that as few as 30 to 40 Proofs of the date exist today. Choice for the grade.
Numismatic Reflections by Q. David Bowers
The Proof mintage for this year is somewhat unexplained as other denominations are rarer to the point of being virtually uncollectible. Whatever the reason, Proofs were made in a fairly large quantity in the context of the era, yielding high grade examples of a year that is basically rare, as circulation strikes are of low mintage.