LOT #2572 |
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1839 P$1 Name Omitted, Judd-105 Restrike, Pollock-117, Low R.7, PR65 PCGS....
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Sold on Apr 30, 2009 for:
$161,000.00
Bid Source: Live: Floor bidder
Description
Rarely Seen Judd-105 1839 Restrike Gobrecht Dollar
Die Alignment III, Plain Edge, PR65
1839 P$1 Name Omitted, Judd-105 Restrike, Pollock-117, Low R.7,
PR65 PCGS. Silver. Plain Edge. Die Alignment III (coin turn,
eagle flying level). We have only seen two other Judd-105 dollars.
The notes taken by Saul Teichman, Mike Carboneau, and James Gray
indicate that the coin they viewed several years ago showed the
same spindly die cracks on the reverse, similar to the Judd-104
restrikes. On that coin, the cracks went through the tops of MERIC
and NITE. On this piece, we note the second crack extends to the D
in UNITED, indicating this is a later striking than the other coin.
Also diagnostic, there is a small, raised die spur on the upper
curve of the D in UNITED.The second example we have seen is the Queller coin. That coin has a similar finish to this one; that is, deeply mirrored fields that are equal to other proofs produced in the late 1850s (when these pieces are believed to have been struck). That coin also displays the same diagnostic reverse die cracks: through the tops of MERIC, NITE, into the field from the bottoms of AR, and a pronounced die spur on the right side of the D in UNITED.
The mintage of Judd-105s is unknown, but must have been very small. Only 6-10 pieces are believed known today. This piece is one of only two Gems certified, this one by PCGS and another by NGC, and an NGC PR66 has also been graded. This is an absolutely stunning coin. The fields show illimitable depth of mirrored reflectivity and the surfaces are draped in a light layer of reddish-golden toning that deepens slightly toward the rims. The only mark of any note that could be used as a pedigree identifier is a short, horizontal planchet flaw to the right of the eagle's right wing. This is a very rare opportunity for the Gobrecht specialist to acquire this major rarity.
From The Joseph C. Thomas Collection.
Coin Index Numbers: (NGC ID# BLY7, PCGS# 11448, Greysheet# 12076)
View all of [The Joseph C. Thomas Collection, Part Two ]
Auction Info
2009 April-May Cincinnati, OH (CSNS) US Coin Auction #1124 (go to Auction Home page)
Auction Dates
Apr-May, 2009
29th-3rd
Wednesday-Sunday
Bids + Registered Phone Bidders: 12
Lot Tracking Activity: N/A
Page Views: 1,837
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Gobrecht Dollars Illustrated by the Collection of Julius Korein
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The most thorough review to date of the existing scholarship on these much sought-after U.S. coins.
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