LOT #2156 |
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1836 P$1 Name on Base, Judd-60 Original, Pollock-65, R.1, PR64 PCGS. Silver. Plain Edge. Die Alignment I (head of Liberty ...
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Sold on May 10, 2007 for:
$50,312.50
Bid Source: Live: Floor bidder
Description
Impressive PR64 1836 Gobrecht Dollar, Die Alignment I
1836 PS$1 Name on Base, Judd-60 Original, Pollock-65, R.1, PR64 PCGS. Silver. Plain Edge. Die Alignment I (head of Liberty opposite the DO in DOLLAR). In addition to the artistic depiction of Liberty and the natural appearance of the eagle, one of the most distinctive elements of the Gobrecht dollar is the flight of the eagle upward at a sharp angle. Mint Director Robert Maskell Patterson carefully communicated what he wanted to artist Titian Peale by specifying that the eagle fly "onward and upward." To Patterson the positioning of the eagle was symbolic of the young republic. During the two striking periods in December 1836, the eagle maintained its upward angle of flight. The difference between the two December striking periods is the presence of a scratch that appeared on the die before the second batch of coins was struck late in that month. The present coin lacks that die scratch, and therefore is from the first striking period. The third striking period, in March 1837, began as expected. However, the reverse die slowly rotated from the "onward and upward" position to eventually level. A few coins have even been observed with the eagle's head slightly below a level horizontal plane.Coins from the first striking period are found in high grade more often than those from late December, as many were saved as souvenirs. That statement must, of course, be understood in the general context of coins that were struck and the low percentage of coins that were actually saved from the 1830s. The two grading services have only certified 26 pieces in PR64, with one coin finer (an NGC PR66). This is a magnificent example. The fields are deeply mirrored (all Gobrecht dollars were struck in proof format) and shine brightly through the speckled gray and blue toning that covers each side. Fully struck with complete definition seen on Liberty's foot and sandal. There are no noticeable contact marks on either side. An important opportunity for the advanced collector of 19th century type.
From The Palakika Collection.
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 Palakika Collection ]
Auction Info
2007 St. Louis, MO (CSNS) Signature Coin Auction #434 (go to Auction Home page)
Auction Dates
May, 2007
9th-12th
Wednesday-Saturday
Bids + Registered Phone Bidders: 14
Lot Tracking Activity: N/A
Page Views: 5,762
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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