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Lot
5775

1850 G$1 MS68 NGC. CAC....

2013 January 9-14 US Coin FUN Signature Auction - Orlando #1181

 
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Auction Ended On: Jan 10, 2013
Item Activity: 10 Internet/mail/phone bidders
847 page views
Location: Orange County Convention Center
North/South Building
9400 Universal Blvd.
Orlando, FL 32819

Description:
Singular MS68 1850 Gold Dollar
Finest in Combined Population
1850 G$1 MS68 NGC. CAC. Any discussion of this coin must start with its grade. This is the single finest example of the date in the major grading services' combined certified population (11/12): no ties, no "other-service" shenanigans, no exceptions. The nearest PCGS-graded coins come from a trio of MS67 listings (which may involve resubmissions, as there is only one MS66 coin in the Population Report), and NGC recognizes no coins but this in numerical grades above MS66.
To put this coin in a broader context, there are only 14 Type One gold dollars of any date in the MS68 grade range and a mere six coins in MS69 (11/12). These numbers back up what common sense presupposes: Any Type One gold dollar is a fantastic rarity in grades beyond Superb Gem. That this second-year coin is in clear first place for its issue is icing on the proverbial cake for type collectors, though for date enthusiasts it becomes a point of supreme importance.
Whether one collects by date or type, this MS68 gold dollar is an absolute dream. Intricately detailed devices show a single small copper spot on the top curve of the hair behind Liberty's coronet, a useful pedigree marker for identifying future appearances. Faint glimmers of both green and orange give the yellow-gold surfaces touches of color, while the luster, flashy at certain angles and swirling through others, is utterly untouched by the pedestrian faults seen on virtually all other coins. The CAC label backs up this assessment. A magnificent coin that must be seen to be believed.
From The Victoria Rose Collection.(Registry values: N1) (NGC ID# 25BF, PCGS# 7509)

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