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Lot
5263

1855-C G$1 AU58 NGC. Variety 1....

2012 August 2-5 US Coins Signature Auction- Philadelphia #1173

 
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Auction Ended On: Aug 3, 2012
Item Activity: 7 Internet/mail/phone bidders
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Location: Sheraton Philadelphia Downtown Hotel
201 North 17th Street
Philadelphia, PA 19103

Description:
1855-C Gold Dollar, AU58
Only Type Two Issue at Charlotte
1855-C G$1 AU58 NGC. Variety 1. The LL of DOLLAR and the 8 in the date are weak on this example, as always for Variety 1. This is the usual variety for the issue. In 20 years of our Permanent Auction Archives, we have only handled certified AU58 examples on 15 previous occasions, with just seven finer auction appearances.
The Type Two gold dollars, featuring the small Indian Head motif on the obverse, were coined at Philadelphia in 1854 and 1855, and for just one year at each of the branch mints that operated in the mid-1850s. Those issues included Charlotte, Dahlonega, and New Orleans in 1855, and San Francisco in 1856.
This attractive near-Mint specimen has pleasing light yellow surfaces with satin luster that is only broken on the high points. Aside from the weakness mentioned above, only the borders are a trifle indistinct. An attractive example for the specialist. Census: 31 in 58, 14 finer (6/12).
From The R.M. Phillips Collection.(Registry values: N2998) (NGC ID# 25C5, PCGS# 7533)

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