LOT #6814 |
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1857-C G$1 MS61 NGC. Variety 1,...
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Sold on Jan 9, 2015 for:
$8,812.50
Bid Source: HA.com/Live bidder
Description
1857-C Gold Dollar, MS61
Key Charlotte Mint Issue
1857-C G$1 MS61 NGC. Variety 1, the only variety known.
Although the Mint issued the first Type Three gold dollars in 1856,
the first examples were not struck in Charlotte until the following
year. Interestingly, the mintage of the 1857-C -- 13,280 pieces --
is on the high side compared to most series issues, it is among the
rarest in Mint State. This is partially because the 1857-C is, on
average, one of the worst produced gold coins in U.S. history. Only
a select few Mint State examples have been certified, none above
MS62.The present coin offers an excellent opportunity to acquire one of the finest representatives of this desirable issue. Pleasing olive-gold patina endows the surfaces of this lightly marked specimen. Although the quality of this issue is notoriously poor, this piece exhibits a significantly sharper strike and fewer defects than typically seen. The fields have a wavy appearance, as usual, and there is minor deterioration on the rims. Nonetheless, the surfaces are fairly smooth overall, and patches of luster appear throughout, remarkable for the issue. A number of die cracks are noted on both sides. This piece has great eye quality compared to the average 1857-C, which is usually seen dull and rather rough. PCGS has certified just one example at the MS61 level, with one finer. NGC reports four MS61 representatives, which may represent multiple submissions of the same coin, along with only four other MS62 specimens (12/14).
Ex: Long Beach Signature (Heritage, 9/2008), lot 3171; Long Beach Signature (Heritage, 2/2010), lot 1407.(Registry values: N4719)
Coin Index Numbers: (NGC ID# 25CE, PCGS# 7545, Greysheet# 8076)
Weight: 1.67 grams
Metal: 90% Gold, 10% Copper
Auction Info
2015 January 7 - 12 FUN US Coins Signature Auction - Orlando #1216 (go to Auction Home page)
Auction Dates
January, 2015
7th-12th
Wednesday-Monday
Bids + Registered Phone Bidders: 4
Lot Tracking Activity: N/A
Page Views: 847
Buyer's Premium per Lot:
17.5% of the successful bid per lot.
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