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Lot 1521 |
1838 P$1 Name Omitted, Judd-85 Restrike, Pollock-94, High R.7, PR66
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Bid Information
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It is possible under several circumstances for winning bids to be between increments. It is also possible for an existing bid to be outbid by less than a full increment, sometimes by only $1. This usually happens when two bidders feel that a lot is worth about the same amount, but one places an off-increment bid. Generally when this happens, the Current Bid was much lower than the high secret maximum bid when the off-increment bidder placed his bid.
For example: On Tuesday, you bid $1500 against Bidder A's Maximum Bid of $1000, raising Current Bid to $1100. Then on Thursday, Bidder B, seeing a Current Bid of $1100, guesses the final price and decides to bid $1501, outbidding your Maximum Bid by $1. You would now have to bid $1600 through Heritage Internet bidding or $1550 on Heritage Live (if available for the auction) to possibly win that lot. Next time, maybe you'll bid $1502 and outbid Bidder B by $1!
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Consignor Has Not Yet Submitted a Reserve:
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No Reserve:
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Reserve Met:
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What's This?
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What's This?
The owner of this item has indicated that they would sell this item at the amount, although their acceptance of your offer is required before the item can be purchased.Our Auction Results Archives now allow our members to make anonymous offers on items that may not be auctioned again for some time. Please note that the winner of this Heritage auction lot may or may not still own this item and may or may not be willing to sell.
This Make Offer to Owner (MOTO) program is still in the Beta Test phase, and we would appreciate any suggestions to help us improve our system. Please email your suggestions to Webmaster@HA.com.
Heritage retains 10% of the total price as its commission (compared with a 12%-25% Buyer's Premium charged on auction transactions), from which Heritage absorbs all credit card/PayPal costs. This service is free to the buyer (no Buyer's Premium), includes a 7 day return policy, and protects the identity of both parties. Because no Buyer's Premium is charged on Make Offer to Owner transactions, auction consignment discount coupons are invalid.
Our software allows offers and counter-offers, but we suggest making your best offer the first time as most owners will not respond to low offers at all. You will receive a response or no-response email from Heritage within 72 hours.
BP - Buyer's Premium
A Buyer's Premium will be added to each successful bid. For this sale: 15% of the successful bid (minimum $9) per lot. Please see #2 in our Terms & Conditions.Not Sold
This indicates an item that did not sell at auction because it did not receive bids equal to or greater than the reserve (minimum bid) amount set by the consignor, or the opening bid.Opening Bid
The opening bid is the minimum amount required to begin bidding, and is generally a percentage of the low estimate.
| Sold for: |
$149,500.00
(includes BP  ) Bid Source: Live: Floor |
| Auction Ended On: | Jan 7, 2009 |
| Item Activity: |
8 Internet/mail/phone bidders
3,179 page views |
Description:
Plain Edge Judd-85 1838 Gobrecht Dollar, PR66 
One of Only Twelve Estimated Known
1838 P$1 Name Omitted, Judd-85 Restrike, Pollock-94, High R.7, PR66 NGC. Design. Die Alignment III (center of Liberty's head opposite the N in ONE). Christian Gobrecht's Seated Liberty design, stars around the periphery, C. GOBRECHT F. removed from the base. On the reverse, after a coin turn the eagle flies level in a starless field. Struck in silver with a plain edge.Commentary. Many variants of Gobrecht dollars were struck beginning in 1836, continuing in 1837, 1838, and 1839, picking up again in the late 1850s and continuing through the 1870s. Of these many issues the only date that is believed to actually have been coined as a pattern is the 1838. Close examination of the die alignment and die cracks on these coins led researchers Jim Gray and Mike Carboneau to the conclusion that only Die Alignment IV 1838 dollars (center of Liberty's head opposite the right side of the F in OF) were struck in 1838 or 1839. Very few such original pieces have been seen, and they are characterized by a lack of die cracks on the reverse. This particular coin shows die cracking that is even more advanced than on regular Judd-84 (1838 reeded edge) coins, indicating the plain edge variants were struck after the reeded edge dollars. On this piece the crack through the tops of MERI is advanced slightly to the left of the M and joins the top of the final A. Similarly, the crack from the top of TE on most Judd-84 dollars is seen here connecting the tops of ITED. The die crack that normally connects the bottoms of LAR is significantly advanced to the right of R, almost even with the period. The other usual reverse die characteristics are present on this piece: the die spur on the curve of the D and the depression on the lower part of the F. This advanced state of the dies would indicate that the plain edge (Judd-85) dollars were probably struck during Henry Linderman's second term as Mint director, sometime between 1873 and 1878.
Judd-85 Gobrecht dollars are rarely seen. Gray and Carboneau have estimated that only a dozen coins exist of this variant. The Julius Korein example, now in the ANS, graded PR63. This is the finest Judd-85 that has been certified even though it is numerically tied with another PR66.
Physical Description. As one would expect from a coin graded PR66
this piece has extraordinary eye appeal as well as surfaces that are nearly flawless. The fields are deeply mirrored, and there is just the slightest overlay of pale golden and lilac patina interspersed on each side. Sharply defined throughout. NGC Census: The two PR66 pieces mentioned above, with this designated piece being considered the finer. PCGS Population: PCGS has not graded an example of Judd-85 finer than PR64 (12/08).Provenance. Ex: L.R. French Family Collection (Stack's, 1/1989), lot 17.
From The Lemus Collection, Queller Family Collection Part Two. (#11354)
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Shipping Description: Coins & Currency (view shipping information)
Guides and Pricing Information:
Previous Prices from Heritage Auctions
| Lot | Date | Grade | Service | Realized |
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No previous prices realized recorded for this item in this grade. View prices realized from this item in other grades (you must be signed in) |
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PLEASE NOTE:
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in auctions that charge a buyer's premium.
Each item has a notation at the top of the listing indicating whether that lot included a buyer's premium.
All information listed is intended to be as accurate as possible, but errors are possible.
Please use this guide carefully and inform us of any inaccuracies.
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BP - Buyer's Premium
A "Buyer's Premium" is charged in addition to the successful bid according to the rate defined in our terms and conditions.Price Guide*
| Grade | Coin World (Coin Values) |
Numismedia Retail |
Numismedia Wholesale |
Numismedia NGC (nmn) |
Numismedia PCGS (nmp) |
PCGS Price Guide |
PCGS+ |
|---|---|---|---|---|---|---|---|
| 65 | --- | --- | --- | --- | --- | $150,000 | --- |
| 66 | --- | --- | --- | --- | --- | --- | --- |
| 67 | --- | --- | --- | --- | --- | --- | --- |
| *All information listed is intended to be as accurate as possible, but errors are possible. No item may be returned or refused based on this information which is provided as a service to our customers. You should contact each pricing source directly to determine the accuracy of this information. | |||||||
Population Guide
| Service | Grade | Population in this Grade | Population of Higher Grade | Population in All Grades | + | Mintage | Engraver |
|---|---|---|---|---|---|---|---|
| PCGS | Not available from PCGS | 0 | |||||
| NGC | 66 | 1 | 0 | 1 | - | ||
| CAC | - | - | - | 0 | - | ||
| *This information is provided and owned by PCGS. Its display and use are subject to the licensed agreement between PCGS and Heritage Auctions. | |||||||
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We changed the way we image slabbed coins on February 1, 2010, in order to get a more accurate image of the coin. To get the sharper details and more accurate colors we have focused the lighting on the actual coin, which has caused the top of the holders to appear darker and milky. Please disregard the color of the holders when examining the images.
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