There are currently no items available for purchase in this Department. Search our Auction Archives below to find item values.
Lot
3862

1838 P$1 Name Omitted, Judd-85 Restrike, Pollock-94, High R.7. PR65 NGC....

2013 February 7 -8 & 10 US Coin Signature Auction - Long Beach #1182

 
Sold for: Sign-in or Join (free & quick)
Claim Item: Sign-in or Join (free & quick)
Auction Ended On: Feb 7, 2013
Item Activity: 10 Internet/mail/phone bidders
2,300 page views
Location: Long Beach Convention Center
100 S. Pine Avenue
Long Beach, CA 90802

Description:

1838 Judd-85 Gobrecht Dollar, PR65
Fewer Than a Dozen Pieces Believed Known
1838 P$1 Name Omitted, Judd-85 Restrike, Pollock-94, High R.7. PR65 NGC. Silver. Plain Edge. Stars Obverse, No Stars Reverse. Die Alignment III (the center of Liberty's head is opposite the N in ONE). This rarity is a variant of the Judd-84 1838 Gobrecht dollar, a rarity in its own right, the difference between the two being in the edge treatment, the Judd-84s have a reeded edge and the Judd-85s are plain edge coins.

As noted in the Gobrecht Dollars reference, all Judd-85s show the same reverse characteristics. All show minute die cracks that connect MERI, TE, and LAR (continuing into the field to the right). The spur on the right side of the D in UNITED is also diagnostic. The always-seen depression below the F in OF is very faintly seen on this piece, most likely obscured by the toning. The Judd-84 dollars are believed to have actually been struck in 1838, and are considered by many to be the only legitimate patterns in the Gobrecht series. The Judd-85 dollars are restrikes and were undoubtedly struck by Mint personnel for sale to collectors. The fields on this piece have confirmed reflectivity that is consistent with later 19th century proofs. It is believed these pieces were actually struck during Henry Linderman's second term as Mint director, sometime between 1873 and 1878.

These pieces are extremely rare. Our reference for this series states that probably only a dozen pieces exist, but there may be even fewer. We only know of four other coins. One was offered by Stack's in their 2003 sale of the L.K. Rudolf Collection and graded Very Choice Brilliant Proof; another piece was plated in the Gobrecht Dollars book on page 101, a coin owned at the time by Kenneth Goldman; the ANS/Korein PR62 coin; and the fourth is a PR66 piece sold by us as part of the Lemus/Queller Collection, a piece that brought $149,500 in January 2009.

The depth of mirroring in the fields would undoubtedly be even more pronounced were it not for the layers of color present. Each side displays variegated shadings of rose, blue, golden, and brown, lighter in the center of the obverse and deeper around the margin. The color is evenly distributed across the reverse. The strike is generally full. This includes complete definition on the foot of Liberty, the eagle's breast feathers, and the right-side stars on the obverse. The only weakness is noted on stars 4 through 8 on the left side of the obverse. This same area of weakness is seen on the Rudolf coin, but is not present on the ex: Goldman piece, and is only slightly evident on the Lemus coin. The only pedigree markers we see are three short parallel marks in the field above the eagle's wing. This rarity should be of great interest to the Gobrecht specialist. (PCGS# 11354)

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




Videos:
FLOOR AUCTIONS View All
Open For Bidding
Coming Soon
HERITAGE MEMBERSHIP
888,628
bidder-members
$982,397,942
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 2015 January 7 - 12 FUN US Coins Signature Auction - Orlando!
Learn About Consigning With Us
I think your auction is the best one I have ever participated in. It is well done!
R.M. ,
Ft. Collins, OH
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 October 8 - 13 PNG New York Invitational US Coins Signature Auction - New York
2014 October 8 - 13 PNG New York Invitational US Coins Signature Auction - New York
REALIZED $11,168,270
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 $9,019,868
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 $1,806,473