1839 Gobrecht Dollar, Lightly Toned PR64
    Judd-104 Restrike, Rare Die Alignment III

    1839 P$1 Name Omitted, Judd-104 Restrike, Pollock-116, R.3, PR64 PCGS. Silver. Reeded Edge. Die Alignment III (head of Liberty opposite the N in ONE after a coin turn). After many years of controversy, much of the contention about 1839 Gobrecht dollars seems to have died down. The controversy has mostly surrounded the existence or non-existence of Die Alignment I or soaring eagle 1839 dollars. The fact that none have emerged seems to render the point moot. However, none doubt the rarity of the Die Alignment III dollars. These pieces have a coin turn, and the eagle flies level. It is generally thought these dollars were produced during a later striking period, perhaps as late as the 1870s. This particular piece shows the expected die cracks but they are very light, indicating an early restriking period. Die cracks on the reverse of all Gobrecht dollars is light, some might justifiably say microscopic, but on this piece the only apparent crack is through the bottom of the letters LLAR, and another connecting crack between D and O.

    No mintage figures exist for the restrike 1839 dollars. Estimates range widely. The groundbreaking Revisionists, James Gray and Mike Carboneau, estimated a mintage of approximately 100 Type III 1839 dollars. Saul Teichman approaches the matter somewhat differently without estimating the mintage, but he estimates that only 18 to 20 pieces exist today in this alignment. Type III dollars are almost always found in high grades, another indication of a later striking period.

    This is such a high-grade piece. The fields show remarkable depth of reflectivity, mirroring that is not found on coins struck in the 1830s. Strike details are also complete on each side, including Liberty's hair, obverse stars, Liberty's foot and sandal, and all the eagle's plumage. Each side displays light gray-golden toning with just a hint of powder-blue around the margins. There are no obvious or detracting contact marks on either side of this exceptional Gobrecht dollar. (NGC ID# BLY5, PCGS# 11446)

    Weight: 26.73 grams

    Metal: 90% Silver, 10% Copper

    Learn more at the Newman Numismatic Portal at Washington University in St. Louis.

    Fees, Shipping, and Handling Description: Coins & 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
    June, 2013
    5th-9th Wednesday-Sunday
    Bids + Registered Phone Bidders: 12
    Lot Tracking Activity: N/A
    Page Views: 2,101

    Buyer's Premium per Lot:
    17.5% of the successful bid (minimum $14) 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.
    Sold for: Sign-in or Join (free & quick)

    Heritage membership

    Join Now - It's Free

    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
    Consign now
    • Cash Advances
    • More Bidders
    • Trusted Experts
    • Over 200,000 Satisfied Consignors Since 1976
    Only 21 days left to consign to the 2018 February 21 - 26 LB Expo US Coins Signature Auction - Long Beach!

    Learn about consigning with us

    Had we endeavored to sell it without your support, it would have taken us at least 10 lifetimes, i.e. it would have been impossible.
    Melinda L.,
    Greenville, SC
    View More Testimonials receives more traffic than any other auction house website. (Source:

    Video tutorial

    Getting the most out of search

    Recent auctions

    2017 December 7 - 10 US Coins Signature Auction - Dallas
    2017 December 7 - 10 US Coins Signature Auction - Dallas
    REALIZED $6,852,289
    2017 December 7 - 8 HKINF World Coins & Ancient Coins Signature Auction - Hong Kong
    2017 December 7 - 8 HKINF World Coins & Ancient Coins Signature Auction - Hong Kong
    REALIZED SO FAR $4,478,782
    2017 December 6 - 8 HKINF World Currency Signature Auction - Hong Kong
    2017 December 6 - 8 HKINF World Currency Signature Auction - Hong Kong
    REALIZED SO FAR $1,021,963