Menu
Welcome Sign-In | Join Now
Sold for Sign-in or Join (free & quick) includes Buyer's Premium (BP) 

Description

1839 Gobrecht Dollar, Lightly Toned PR64
Judd-104 Restrike, Rare Die Alignment III

1839 P$1 Name Omitted, Judd-104 Restrike, Pollock-116, R.3, PR64 PCGS. Silver. Reeded Edge. Die Alignment III (head of Liberty opposite the N in ONE after a coin turn). After many years of controversy, much of the contention about 1839 Gobrecht dollars seems to have died down. The controversy has mostly surrounded the existence or non-existence of Die Alignment I or soaring eagle 1839 dollars. The fact that none have emerged seems to render the point moot. However, none doubt the rarity of the Die Alignment III dollars. These pieces have a coin turn, and the eagle flies level. It is generally thought these dollars were produced during a later striking period, perhaps as late as the 1870s. This particular piece shows the expected die cracks but they are very light, indicating an early restriking period. Die cracks on the reverse of all Gobrecht dollars is light, some might justifiably say microscopic, but on this piece the only apparent crack is through the bottom of the letters LLAR, and another connecting crack between D and O.

No mintage figures exist for the restrike 1839 dollars. Estimates range widely. The groundbreaking Revisionists, James Gray and Mike Carboneau, estimated a mintage of approximately 100 Type III 1839 dollars. Saul Teichman approaches the matter somewhat differently without estimating the mintage, but he estimates that only 18 to 20 pieces exist today in this alignment. Type III dollars are almost always found in high grades, another indication of a later striking period.

This is such a high-grade piece. The fields show remarkable depth of reflectivity, mirroring that is not found on coins struck in the 1830s. Strike details are also complete on each side, including Liberty's hair, obverse stars, Liberty's foot and sandal, and all the eagle's plumage. Each side displays light gray-golden toning with just a hint of powder-blue around the margins. There are no obvious or detracting contact marks on either side of this exceptional Gobrecht dollar. (NGC ID# BLY5, PCGS# 11446)

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

Sales Tax information  | PCGS Guarantee of Grade and Authenticity  |  Terms and Conditions

Bidding Guidelines and Bid Increments

Glossary of Terms

Auction Info

Auction Dates
June, 2013
5th-9th
Internet/Mail/Phone Bidders: 12
Members Tracking: N/A
Page Views: 1,603

Buyer's Premium per Lot:
17.5% of the successful bid (minimum $14) 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.

Heritage membership

945,434
bidder-members
$891,701,465
sold in the last year

Join Now - It's Free

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 38 days left to consign to the 2015 December 10 - 12 World Coins Signature Auction - Hong Kong!

Learn about consigning with us

Everyone I came in contact with was courteous, helpful, professional, and best all, knew what they were talking about. Do you know how very rare that is?
Alan Bean,
Houston, TX
View More Testimonials

HA.com receives more traffic than any other auction house website. To compare for yourself, visit: compete.com

Video tutorial

Getting the most out of search

Recent auctions

2015 August 12 - 16 ANA US Coins Signature Auction - Chicago
2015 August 12 - 16 ANA US Coins Signature Auction - Chicago
REALIZED $34,886,064
2015 August 13 ANA World and Ancient Coins Platinum Night Auction
2015 August 13 ANA World and Ancient Coins Platinum Night Auction
REALIZED $9,688,775
2015 August 13 ANA Currency Platinum Night Auction - Chicago
2015 August 13 ANA Currency Platinum Night Auction - Chicago
REALIZED $1,870,380

© 2015 Heritage Auctions | All Rights Reserved