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    1838 Judd-84 Restrike Gobrecht Dollar, PR63
    Deeply Toned, Die Alignment III Coin

    1838 P$1 Name Omitted, Judd-84 Restrike, Pollock-93, R.5, PR63 PCGS. Silver. Reeded Edge. Die Alignment III (head of Liberty opposite the NE of ONE; or equivalently, coin-turn with the eagle flying level). There are two widely separated time periods for the striking of 1838 Gobrecht dollars. The first is in the actual year on the coin, 1838. These are generally considered patterns and probably no more than 10 pieces were made. These major rarities were struck in Die Alignment IV (head of Liberty opposite the F in OF) and there are no reverse die cracks. The 1838 in the Smithsonian is such a coin. All others are struck in Die Alignment III or IV. The Die Alignment III coins show die cracks through MERI and TE, and in later states through the base of LAR. This is one such piece. Because of the depth of the toning strong magnification and a good light source is necessary to locate the microscopic die cracks through MERI and TE, which places this as a Restrike most likely made in the late 1850s. The removal of GOBRECHT F. is almost complete on this piece. This nearly complete effacement of the name on 1838 dollars is more advanced than that on 1839 dollars, strongly suggesting that 1839 dollars were struck prior to 1838 coins.
    Again, because of the depth of toning on each side, the flashy reflectivity in the fields is not as apparent as one might expect. The striking details on each side also show a noticeable lack of high-point detail, perhaps indicative of hurried manufacture of this piece. Deep rose and emerald-green toning is splashed over each side, and to the casual observer there are no obvious contact marks.
    Ex: Long Beach Signature (Heritage, 9/2008), lot 2430. (NGC ID# BLXE, PCGS# 11352)

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    Auction Dates
    January, 2012
    3rd-8th Tuesday-Sunday
    Bids + Registered Phone Bidders: 9
    Lot Tracking Activity: N/A
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