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Lot
4436

1855 G$1 MS64 NGC....

2013 April 24 - 28 CSNS US Coin Signature Auction - Chicago #1184

 
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Auction Ended On: Apr 25, 2013
Item Activity: 7 Internet/mail/phone bidders
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Location: Renaissance Schaumburg Convention Center Hotel
1551 North Thoreau Drive
Schaumburg, IL 60173

Description:
1855 Type Two Gold Dollar, MS64
Lustrous, Sharply Struck, and No Clashing
1855 G$1 MS64 NGC. Both obverse and reverse changed in the transition from the Type One to the Type Two gold dollar design. The Coronet Liberty yielded to one with a feathered headdress, while the sparse wreath gave way to a fuller wreath of cereals. In 1856, when the obverse changed yet again, the reverse stayed essentially the same, but the difference between the obverses is enough that the later coins are considered part of a separate type. This leaves only a tiny window for the Type Two, a window that effectively ends with the 1855 issue for the vast majority of collectors who are not assembling a date set.

While Type Two gold dollars are not rare in the absolute sense, there is a great deal of pressure on them by type collectors, especially so in the finer grades such as MS64. This is an especially attractive example. The surfaces exude the bright mint frost normally associated with Type Twos, but seen here the usual yellow-gold color has taken on a hint of reddish patina. Also of note is the lack of die clashing on either side as well as the strength of strike in the centers. If you have been holding out for just the right Type Two, this may be the coin to stretch for.
From The Fairfax Collection.(Registry values: N7079) (NGC ID# 25C4, PCGS# 7532)

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