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LOT #2393  | 
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1861 G$1 PR67 NGC....

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Sold on Feb 6, 2009 for:
$23,000.00 Bid Source: Internet bidder
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Description

1861 Gold Dollar, PR67
One of the Finest Known Examples of This Rarity

1861 G$1 PR67 NGC. When the 19th century U.S. Mint documented the number of coins struck, they correctly accounted how many pieces were produced. However, the total entered into the log books did not reflect the subsequent melting of an issue, although that figure may have existed in other journals. As such, the production total recorded for the 1861 gold dollar--a minuscule 349 pieces to begin with--was not completely sold to collectors and must have been melted. Perhaps collector demand was down due to the Civil War. Whatever the cause, today only 20 to 30 examples are believed extant in all grades, and the piece offered here represents one of the finest known. As of (1/09), the two finest 1861 gold dollars certified by NGC includes this coin and another at the PR67 level, but with a Cameo designation. The finest example at PCGS is a lone PR66 coin. The fields display pleasing but not deeply mirrored reflectivity. However, the devices are nicely frosted and actually do present noticeable contrast on each side. The surfaces are virtually unaffected by pre- or post-striking impairments, the only one worthy of note is a shallow planchet flaw in the reverse field to the left of the date. The reddish-golden surfaces display a slight accent of lilac, but this effect is only visible upon close examination. An outstanding example of this early proof rarity.
(Registry values: P4)

Coin Index Numbers: (NGC ID# 25E4, PCGS# 7611, Greysheet# 8121)

Weight: 1.67 grams

Metal: 90% Gold, 10% Copper

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Auction Info

2009 February Long Beach, CA Signature US Coin Auction #1122 (go to Auction Home page)
Auction Dates
February, 2009
5th-8th Thursday-Sunday
Bids + Registered Phone Bidders: 5
Lot Tracking Activity: N/A
Page Views: 867

Buyer's Premium per Lot:
15% of the successful bid per lot.

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Sold on Feb 6, 2009 for: $23,000.00
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