The First of Two 1838 Gobrecht Dollars From the Trane Collection1838 PS$1 Name Omitted, Judd-84 Restrike, Pollock-93, R.5-6, PR61 PCGS. Silver. Reeded Edge. Die Alignment III (head of Liberty opposite the NE of ONE). Close inspection with a loupe reveals all three of the diagnostic reverse die cracks (as struck): joining the tops of the letters TE in UNITED, MERI in AMERICA, and LAR in DOLLAR. The presence of these hairline cracks suggest that this coin was struck at the same time as the 1838 example in the following lot, and probably during the same press run. This places the striking date of this coin sometime between 1867 and 1869, or possibly between 1873 and 1878.
The exact number of 1838 Gobrecht Dollars produced in still not known with certainty. The best estimate is that of 200 pieces recently provided by Mike Carboneau and J.C. Gray. All known 1838 Gobrecht Dollars are restrikes, and virtually all were struck in Die Alignment III. They are the rarest coins of their type, being more difficult to locate than the 1836 (those struck in 1836 as well as those delivered in 1837) and 1839. We have handled only one other collection that included two representatives of the 1838 Gobrecht Dollar: the Morris Silverman Collection which sold as part of our April 2002 Central States Signature Sale.
This coin is uniformly toned in copper-charcoal shades. The strike is needle sharp in virtually all areas, but we do note trivial softness of detail on the obverse over stars 1-10 and Liberty's foot. Although a little muted, the proof finish is evident at direct angles. The toning also adequately conceals grade-defining hairlines.
From the Trane Collection. (NGC ID# BLXE, PCGS# 11352)
Fees, Shipping, and Handling Description: Coin/Currency (view shipping information)
Sales Tax information | PCGS Guarantee of Grade and Authenticity | Terms and Conditions
Bidding Guidelines and Bid Increments
Glossary of Terms
Buyer's Premium per Lot:
15% of the successful bid (minimum $6) per lot.
The most thorough review to date of the existing scholarship on these much sought-after U.S. coins.
Order your 136 page book today.
Opens about 05/22/2017
Opens about 05/29/2017
Opens about 06/02/2017
World & Ancient Coins
Opens about 05/30/2017
Opens about 06/02/2017
Fine & Rare Wine
Opens about 06/05/2017
Jewelry & Timepieces
Opens about 05/26/2017
Opens about 06/06/2017
Opens about 06/08/2017
Comics & Comic Art
Opens about 06/12/2017
Opens about 06/16/2017
- Past Auction Values (prices, photos, full descriptions, etc.)
- Bid online
- Free Collector newsletter
- Want List with instant e-mail notifications
- Reduced auction commissions when you resell your
- Cash Advances
- More Bidders
- Trusted Experts
- Over 200,000 Satisfied Consignors Since 1976
Learn about consigning with us
You and your colleagues at Heritage could not have packaged the collection in a more professional and attractive way to buyers.View More Testimonials
HA.com receives more traffic than any other auction house website. (Source: Similarweb.com)