Sold for: Sign-in or Join (free & quick)
includes Buyer's Premium (BP) 

    Description

    Spectacular 1838 Gobrecht Dollar, PR64 PCGS, Ex: Silverman

    1838 PS$1 Name Omitted, Judd-84 Restrike, Pollock-93, R.5-6, PR64 PCGS. Silver. Reeded Edge. Die Alignment III. This coin was previously offered as lot 4025 in our April 2002 sale of the Morris Silverman Collection, where it was cataloged as: "Several lint marks, commonly found on early proof dollars, are evident on the obverse. Light hairlining is seen on each side, but these are well within what is expected for the PR64 grade. Fully struck throughout, each side is lightly toned. Although the fields are a bit hazy, the proof surfaces flash through the toning when held at certain angles. Classified as a 'restrike,' this term seems superfluous as it appears that all 1838 dollars that exist today are restrikes. No 'original' 1838 dollar has been authenticated in recent memory, and it is believed by some numismatists that no 1838 dollars were actually struck in 1838. If this is correct, then all 1838 dollars are restrikes.
    "The reverse of this coin shows the three normal diagnostic die cracks. These cracks can be observed, under high magnification, through the tops of the letters MERI (of AMERICA), TE (of UNITED), and the base of the letters LAR (of DOLLAR). The presence and size of these die cracks, when compared with other Gobrecht dollars struck with the same reverse die, indicate that this piece was probably made during one of [Mint Director Henry] Linderman's two terms of office. Most Gobrecht dollar restrikes are known to have been made between 1857 and 1860 (during Snowden's term of office), or from 1867 to 1869 (during Linderman's first term), or from 1873 to 1878 (during Linderman's second term as U.S. Mint Director). This particular coin...appears to be a later restrike made by Mint personnel for private purposes or personal gain.
    "Most numismatists believe that the 1838 dollars are patterns; however, this is an interesting thesis since no 'original' (Die Alignment I) Judd-84 dollars were probably made. Certainly, no 1838 dollar in Die Alignm (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

    Auction Info

    Auction Dates
    April, 2006
    6th-7th Thursday-Friday
    Bids + Registered Phone Bidders: 7
    Lot Tracking Activity: N/A
    Page Views: 3,469

    Buyer's Premium per Lot:
    15% of the successful bid (minimum $9) per lot.

    Gobrecht Dollars Illustrated by the Collection of Julius Korein

    The most thorough review to date of the existing scholarship on these much sought-after U.S. coins.
    Order your 136 page book today.

    Heritage membership

    Join Now - It's Free

    VIEW BENEFITS
    1. Past Auction Values (prices, photos, full descriptions, etc.)
    2. Bid online
    3. Free Collector newsletter
    4. Want List with instant e-mail notifications
    5. Reduced auction commissions when you resell your
      winnings 
    Consign now
    • Cash Advances
    • More Bidders
    • Trusted Experts
    • Over 200,000 Satisfied Consignors Since 1976
    Only 32 days left to consign to the 2017 June 7 - 12 Long Beach Expo US Coins Signature Auction - Long Beach!

    Learn about consigning with us

    I want to thank you for all you did to make the whole auction experience a good one.

    Cori Williamson
    View More Testimonials

    HA.com receives more traffic than any other auction house website. (Source: Similarweb.com)

    Video tutorial

    Getting the most out of search

    Recent auctions

    2017 February 16 - 19 Long Beach Expo US Coins Signature Auction - Long Beach
    2017 February 16 - 19 Long Beach Expo US Coins Signature Auction - Long Beach
    REALIZED $11,086,652
    2017 January 17 - 18 World Coins Signature Internet Auction - Dallas
    2017 January 17 - 18 World Coins Signature Internet Auction - Dallas
    REALIZED $2,407,750
    2017 January 5 - 9 FUN World Currency Signature Auction -
    2017 January 5 - 9 FUN World Currency Signature Auction -
    REALIZED $1,283,993