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Description

Important Gem Uncirculated 1855 Gold Dollar

1855 G$1 MS65 PCGS. It is almost inconceivable to this cataloger that three Gem or better examples of this important, conditionally rare gold type coin are making an appearance in the same sale. But, then again, with the incredible size and scope of Heritage signature sales, nothing should be surprising. This carefully preserved Gem example does show the nearly inescapable die clashing and a few peripheral die cracks are also noted. The strength of strike, however, is outstanding for the type and both sides are accented in lovely reddish-orange patina.
Both the design and the production of the Type Two Gold Dollar suggest great haste on the part of the U.S. Mint. For the former, James Barton Longacre simply adapted the obverse of his Three Dollar gold design and mated it with a rendition of the Flying Eagle Cent reverse, also one of his recent creations. This design, coupled with a thinner, yet larger planchet, distinguishes the Type Two Gold Dollar from its Type One predecessor. A high percentage of Type Twos are poorly produced. Clashmarks are virtually always seen, and the central highpoints are inadequately defined more often than not. This shoddy workmanship meant that the coins acquired wear at an unacceptably fast rate. Since it proved unsatisfactory for general circulation, the Type Two design yielded to Longacre's Type Three motif after only a few years. Population: 38 in 65, 18 finer (12/04).
From The Gold Rush Collection.(#7532) (Registry values: N7079)

Coin Index Numbers: (NGC ID# 25C4, PCGS# 7532, GSID# 8016)

Metal: 90% Gold, 10% Copper
Weight: 1.67 grams
AGW: 0.04838oz
Mintage: 758,269


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Auction Info

Auction Dates
January, 2005
12th-15th Wednesday-Saturday
Bids + Registered Phone Bidders: 8
Lot Tracking Activity: N/A
Page Views: 627

Buyer's Premium per Lot:
15% of the successful bid per lot.

Sold on Jan 12, 2005 for: Not Sold
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