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Lot
5404

1836 PG$1 Gold Dollar, Judd-67, Pollock-70, R.5, PR63 Cameo PCGS....

2012 April 18-22 US Coins & Platinum Night CSNS Signature Auction- Schaumburg #1169

 
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Auction Ended On: Apr 19, 2012
Item Activity: 10 Internet/mail/phone bidders
1,748 page views
Location: Renaissance Schaumburg Convention Center Hotel
1551 North Thoreau Drive
Schaumburg, IL 60173

Description:
1836 'Cap and Rays' Gold Dollar Pattern
Famed On-Metal Judd-67, PR63 Cameo
1836 PG$1 Gold Dollar, Judd-67, Pollock-70, R.5, PR63 Cameo PCGS. The obverse features a Liberty cap surrounded by rays of glory, similar in design to certain Mexican coin designs of the era. The reverse features the denomination 1 D. within a coiled palm frond, with the date below and UNITED STATES OF AMERICA above. Christian Gobrecht is credited with both designs. Struck in gold with a plain edge. Judd-67 has considerable historical importance, as it is the first Federal gold pattern as well as the first appearance of the gold dollar denomination. This design was also restruck in the late 1850s, but this piece shows no trace of an undertype or medallic alignment, and we believe it is an original striking from 1836. This well struck and flashy specimen is mostly orange-gold but displays hints of rose-red throughout the reverse legends. A few thin marks are noted near the denomination. (PCGS# 11260)

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