There are currently no items available for purchase in this Department. Search our Auction Archives below to find item values.
Lot
850

1838 P$1 Name Omitted, Judd-84 Restrike, Pollock-93, R.5-6, PR64 PCGS. Silver. Reeded Edge. Die Alignment III. This coin w...

2006 April Atlanta, GA (ANA) Signature Auction #402

Sold for: Sign-in or Join (free & quick)
Claim Item: Sign-in or Join (free & quick)
Auction Ended On: Apr 6, 2006
Item Activity: 7 Internet/mail/phone bidders
3,331 page views
Location: Atlanta, GA
Description:
Spectacular 1838 Gobrecht Dollar, PR64 PCGS, Ex: Silverman
1838 PS$1 Name Omitted, Judd-84 Restrike, Pollock-93, R.5-6, PR64 PCGS. Silver. Reeded Edge. Die Alignment III. This coin was previously offered as lot 4025 in our April 2002 sale of the Morris Silverman Collection, where it was cataloged as: "Several lint marks, commonly found on early proof dollars, are evident on the obverse. Light hairlining is seen on each side, but these are well within what is expected for the PR64 grade. Fully struck throughout, each side is lightly toned. Although the fields are a bit hazy, the proof surfaces flash through the toning when held at certain angles. Classified as a 'restrike,' this term seems superfluous as it appears that all 1838 dollars that exist today are restrikes. No 'original' 1838 dollar has been authenticated in recent memory, and it is believed by some numismatists that no 1838 dollars were actually struck in 1838. If this is correct, then all 1838 dollars are restrikes.
"The reverse of this coin shows the three normal diagnostic die cracks. These cracks can be observed, under high magnification, through the tops of the letters MERI (of AMERICA), TE (of UNITED), and the base of the letters LAR (of DOLLAR). The presence and size of these die cracks, when compared with other Gobrecht dollars struck with the same reverse die, indicate that this piece was probably made during one of [Mint Director Henry] Linderman's two terms of office. Most Gobrecht dollar restrikes are known to have been made between 1857 and 1860 (during Snowden's term of office), or from 1867 to 1869 (during Linderman's first term), or from 1873 to 1878 (during Linderman's second term as U.S. Mint Director). This particular coin...appears to be a later restrike made by Mint personnel for private purposes or personal gain.
"Most numismatists believe that the 1838 dollars are patterns; however, this is an interesting thesis since no 'original' (Die Alignment I) Judd-84 dollars were probably made. Certainly, no 1838 dollar in Die Alignm (PCGS# 11352)

View large image(s) of this item

Service and Handling Description: Coin/Currency (view shipping information)

Sales Tax information  | PCGS Guarantee of Grade and Authenticity  |  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
910,584
bidder-members
$969,787,660
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
Consign to the 2015 April 8 - 14 CICF World Coins & Ancient Coins Signature Auction - Chicago.
Learn About Consigning With Us
Thank you again for all of your help
Tim Cottle
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 December 4 - 7 Houston Money Show US Coins Signature Auction - Houston
2014 December 4 - 7 Houston Money Show US Coins Signature Auction - Houston
REALIZED $9,569,753
2014 September 3 - 10 Long Beach Expo World Coins Signature Auction - Long Beach
2014 September 3 - 10 Long Beach Expo World Coins Signature Auction - Long Beach
REALIZED $9,041,265
2014 September 4 - 8 Long Beach Expo World Currency Signature Auction - Long Beach
2014 September 4 - 8 Long Beach Expo World Currency Signature Auction - Long Beach
REALIZED $1,817,724