There are currently no items available for purchase in this Department. Search our Auction Archives below to find item values.
Opening Bid
:
Current Bid:
Reserve Amount:

You are the current high bidder on this lot with a secret maximum bid of %bidPretty%.
(%bidBP% w/Buyer's Premium (BP) ).


Notice: You are the current high bidder on this lot, but the next highest bid is within one increment. That means that any additional bids on this lot will outbid you. To increase your chances of winning, enter your highest maximum bid.

You are the current high bidder on this lot with a secret maximum bid of %bidPretty%.
(%bidBP% w/Buyer's Premium (BP) ).

You are the current high bidder on this lot.
(Sign-In to see your maximum bid)

Your secret maximum bid of %bidPretty% has been outbid.

Your secret maximum bid of %bidPretty% does not meet the reserve.

(Sign-In to see your maximum bid)

Your secret maximum bid does not meet the reserve.
(Sign-In to see your maximum bid)

Lot
2939

1838 P$1 Name Omitted, Judd-84 Original, Pollock-93, R.5, PR64 NGC....

2008 January Orlando, FL (FUN) Signature Coin Auction #454

 
Sold for: Sign-in or Join (free & quick)
Claim Item: Sign-in or Join (free & quick)
Auction Ended On: Jan 10, 2008
Item Activity: 8 Internet/mail/phone bidders
833 page views
Location:

Orange County Convention Center
North/South Building
9400 Universal Blvd.
Orlando, FL 32819

Lot Viewing, Room 220 D, E, F
Auction, Room 230 B

Description:
Scarce, High Grade 1838 Gobrecht Dollar
PR64, The
Red Book Plate Coin
1838 P$1 Name Omitted, Judd-84 Original, Pollock-93, R.5, PR64 NGC. Silver. Die Alignment III (coin turn, center of Liberty's head opposite the N in ONE). Although it is not identified on the label, this coin is the Judd-84 plate coin that is photographed in the 8th and 9th editions of the new Judd book on patterns. Generally, the coin exhibits medium brown toning on both sides; however, when the coin is tilted in the light at the correct angle, there appears a ring of color that surrounds the reverse legend and a faint circular toning mark midway between the eagle's right wing and the ES in STATES. Both of these toning characteristics are duplicated in the Judd book photos.
Unlike the circulation issues of 1836 (Judd-60) and 1839 (Judd-104), no 1838 dollars were intentionally made for public distribution. The main purpose of the 1838 dollars was to test two new design features: (1) a reeded edge, and (2) the removal of the 26 stars from the reverse of the 1836 dollar and the placement of 13 stars around the obverse. It is clear that the dies for the 1838 dollar were made in 1838; however, it is not certain how many (if any) 1838 dollars were actually struck in 1838. Only one original specimen is known, and this coin is a part of the U.S. Mint Collection now retained by the Smithsonian. However, the Smithsonian specimen exists in Die Alignment IV orientation (not Alignment I), and was struck from perfect (uncracked) dies. All 1838 dollars that have been observed in other museum collections or in private hands appear to be restrikes made in the late 1850s under the authority of Director James Ross Snowden, or in the late 1860s by Director H. R. Linderman. Like the present specimen, the restrikes were made to satisfy collector demand for these beautiful coins. The restrikes are generally found in Die Alignment III orientation (i.e., head of Liberty opposite the NE of ONE); however, a few restrikes were also made in Die Alignment IV. Although the exact mintage of 1838 dollars is unknown, recent estimates suggest that fewer than 250 coins were ultimately struck, and that only a small fraction of these coins survive today. The restrikes can be distinguished from the originals by the presence of a faint die crack through portions of MERI. Likewise, the current coin has a faint die crack through the top of the letters MERI in AMERICA.
Ex: Rarities Sale (Bowers and Merena, July 1997), lot 242. (PCGS# 11350)

View large image(s) of this item

Service and Handling Description: Coins & Currency (view shipping information)

Sales Tax information  | NGC Coin Grading Guarantee  |  Terms and Conditions

Bidding Guidelines and Bid Increments

Gobrecht Dollars
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.
Guides and Pricing Information:

Previous Prices from Heritage Auctions
Sign-in or Join (free & quick)
Price Guide
Sign-in or Join (free & quick)
Population Guide
Sign-in or Join (free & quick)
Find Auction Prices for Comparable Items:

Photographs:
Sign-in or Join (free & quick) to see the full image




FLOOR AUCTIONS View All
Open For Bidding
Coming Soon
HERITAGE MEMBERSHIP
877,796
bidder-members
$961,670,127
sold in the last year
VIEW BENEFITS
  1. Past Auction Values (prices, photos, full descriptions, etc.)
  2. Bid online
  3. Free Collector newsletter
  4. Want List with instant e-mail notifications
  5. Reduced auction commissions when you resell your
    winnings 
CONSIGNMENTS WANTED
Only 31 days left to consign to the 2014 October 8 - 12 PNG New York Invitational Coin Show US Coins Signature Auction - New York!
Learn About Consigning With Us
Thanks again for all of your wonderful work; much of which has been far beyond the call of duty!
L.S.J. ,
Houston, TX
HA.com receives more traffic than any other auction house website. To compare for yourself, visit: compete.com
Take our 2014 Coin
and Currency Survey
Grand prize:
A Certified Uncirculated
1907 High Relief $20!*
Take the Survey
HERITAGE VIDEO TUTORIAL
GETTING THE MOST OUT OF SEARCH
RECENT AUCTIONS
2014 July 10 - 13 Summer FUN US Coins Signature Auction - Orlando
2014 July 10 - 13 Summer FUN US Coins Signature Auction - Orlando
REALIZED $9,734,681
2014 April 10-12 & 15-16 CICF World and Ancient Coins Signature Auction - Chicago
2014 April 10-12 & 15-16 CICF World and Ancient Coins Signature Auction - Chicago
REALIZED $14,773,379
2014 April 24 & 28  CSNS World Currency Signature Auction - Chicago
2014 April 24 & 28 CSNS World Currency Signature Auction - Chicago
REALIZED $2,708,143