LOT #2091 |
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1836 P$1 Name on Base, Judd-60 Original, Pollock-65, R.1, PR62 NGC....
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Sold on Apr 17, 2008 for:
$32,200.00
Bid Source: Live: Phone bidder
Description
Richly Toned PR62 1836 Gobrecht Dollar
Die Alignment I, a Late December Striking
1836 P$1 Name on Base, Judd-60 Original, Pollock-65, R.1, PR62
NGC. Silver. Plain Edge. Die Alignment I (Liberty's head
opposite DO). Struck in late December 1836, these pieces are
recognizable by the diagonal die scratch above the eagle's wing
that points toward the AT of STATES. On this coin it is especially
prominent, undoubtedly a combination of an early striking after the
die was scratched and the high grade of this piece.The proof surfaces of this piece are pronounced on this coin. It makes one wonder about the reason these dollars were struck in proof format. The proofing process was uncommon for U.S. coins in 1836. It does, however, make for an impressive coin when such pieces are encountered. The only conclusion we can come to is that Mint Director Patterson must have wanted to gain acceptance of the new dollars with the general public, and striking them as proofs would further enhance their overall appearance and desirability. For collectors, however, the proof status of these coins has caused confusion over the past 150 years. Very few coins intended for circulation have ever been struck in proof format. On the other hand, almost all patterns were struck as proofs. Gobrecht dollars, like patterns, also had small mintages. As a result, for many years Gobrecht dollars have been considered patterns, when in fact only the 1838 coins are actual patterns.
The late-December strikings are usually found circulated since they were deposited in a local bank. This piece is certainly the exception. As mentioned, the fields are deeply reflective, and they enhance the rich, variegated blue, rose, and golden colors that are seen on each side. Fully struck in all areas. The Queller piece is identifiable by a tiny check-mark die flaw on the face of Liberty. Seldom seen finer and worthy of consideration by the advanced collector of 19th century silver dollars.
From The Queller Family Collection of Silver Dollars.
Coin Index Numbers: (NGC ID# BLWT, PCGS# 11225, GSID# 69008)
Metal: 90% Silver, 10% Copper
Weight: 26.73 grams
ASW: 0.85oz
View all of [The Queller Family Collection of Silver Dollars ]
Auction Info
2008 April Rosemont, IL (CSNS) Signature Coin Auction #1104 (go to Auction Home page)
Auction Dates
April, 2008
16th-18th
Wednesday-Friday
Bids + Registered Phone Bidders: 15
Lot Tracking Activity: N/A
Page Views: 2,029
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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