1853-O G$1 MS66 PCGS. CAC. Variety 1....

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Bold 1853-O Variety 1 Gold Dollar, MS66
Considered the Second Finest Known

1853-O G$1 MS66 PCGS. CAC. Variety 1. A bold strike reveals full hair details and a sharp leaf venation. Two trivial field marks and a low area between the stars at 1 o'clock will aid future tracking of this lovely Premium Gem. Both sides exhibit frosty yellow-gold luster with pale blue toning. An extraordinary, highly appealing New Orleans gold dollar.

Variety and Die State: Breen-6029, Winter-1. Winter records a single variety with a large date and a right-leaning mintmark. This example has those characteristics. Short die lines extend from the tops of ITE to the border. Advanced study reveals a second variety with the date slightly lower in the field.

Population (6/15): The finest examples at PCGS are three in MS66, including this piece. NGC shows one each in MS66 and MS67. This is the sole MS66 with CAC approval.

Commentary: While both issues have identical 290,000-coin mintages, the 1853-O is slightly more plentiful than the 1851-O. This is the first MS66 example that has appeared in our auctions since we began our Permanent Auction Archives in 1993.

Douglas Winter Commentary: The 1853-O is the most common New Orleans gold dollar. It is plentiful in the lower Uncirculated grades and can be found, from time to time, in MS63 or MS64. However, Gems are rare and I am aware of only two or three Superb Gems. The finest 1853-O gold dollar I know of is an MS67 NGC coin that I sold around a dozen years ago to a New England collector. PCGS has graded three in MS66 and I believe that population represents just two coins: the Duckor example and lot 10037 in the October 2014 Stack's Bowers sale, which brought $25,850. The Duckor coin is approved by CAC and, in my opinion, is a better coin than this recent addition to the market.

I sold this coin to Steve as part of the Vasquez Rocks Collection in late 2013. It remains one of the absolute best New Orleans gold dollars of any date that I have seen or owned, and it is an important part of the Duckor Collection.

Provenance: Vasquez Rocks Collection; purchased from Doug Winter.
From The Duckor Family Collection of Gold Dollars.(Registry values: N1)

Coin Index Numbers: (NGC ID# 25BX, PCGS# 7524, Greysheet# 8068)

Weight: 1.67 grams

Metal: 90% Gold, 10% Copper

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