LOT #1747 |
Sold on Jul 31, 2008 for:
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1836 P$1 Name Below Base, Judd-58 Restrike, Pollock-61, R.6(?), PR63 NGC....
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Sold on Jul 31, 2008 for:
Not Sold Description
Magnificent 1836 Name Below Base Gobrecht Dollar
Judd-58, PR63
1836 P$1 Name Below Base, Judd-58 Restrike, Pollock-61, R.6(?),
PR63 NGC. Silver. Die Alignment III: Center of Liberty's head
opposite N in ONE. The popularity of the Name Below Base Gobrecht
dollars is due in large part to Mint Director James Ross Snowden.
In 1859 he claimed that "18 Originals" were struck of this issue.
This statement has led collectors over the last 150 years to
believe two falsehoods. First, only 18 coins were struck. This is
clearly not the case, as far more are known. Probably 60 or so
pieces are extant today. Second, there is a problem with the term
"original." Collectors and dealers have generally believed this
term to mean original in the sense of the "onward and upward" Die
Alignment 1 coins from 1836. However, there are no such known with
Gobrecht's name below base.The most recent research into this series has been conducted by John Dannreuther and Saul Teichman. JD has broken down the Judd-58 issue and proposed a possible emission sequence based on presence or absence of a scribe line over UNITED, die cracks through STATES OF, and absence or presence of dentil chips over the final A in AMERICA and the nearby pellet. Those who are interested in this fascinating topic can read JD's most recent article in the PCGS Rare Coin Market Report from May 2008.
This particular coin has no scribe line over UNITED, a prominent die crack through STATES OF, and just a trace of the dentil chips. This would lead one to the conclusion that this was one of the later restrikes. Additionally, the dentils are well-separated which also indicates intense die polishing.
This piece has a magnificent appearance that belies its PR63 grade. The fields are deeply reflective. Each side is covered with an even layer of golden toning with accents of light blue on the reverse. There are no noticeable contact marks on either side of this lovely coin. Housed in an older NGC holder that does not indicate Judd-58 or Name Below Base.
Coin Index Numbers: (NGC ID# BLWU, PCGS# 11217, GSID# 11989)
Metal: 90% Silver, 10% Copper
Weight: 26.73 grams
ASW: 0.77346oz
Auction Info
2008 July-August Baltimore, MD (ANA) US Coin Signature Auction #1114 (go to Auction Home page)
Auction Dates
Jul-Aug, 2008
30th-3rd
Wednesday-Sunday
Bids + Registered Phone Bidders: 9
Lot Tracking Activity: N/A
Page Views: 804
Buyer's Premium per Lot:
15% of the successful bid per lot.
Gobrecht Dollars Illustrated by the Collection of Julius Korein
The most thorough review to date of the existing scholarship on these much sought-after U.S. coins.
Order your 136 page book today.
The most thorough review to date of the existing scholarship on these much sought-after U.S. coins.
Order your 136 page book today.
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