1857-C G$1 MS61 NGC....

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Conditionally Rare 1857-C Dollar, MS61

1857-C G$1 MS61 NGC. Variety 10-L. 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. It is interesting that while the 1857-C dollar's mintage of 13,280 pieces is on the high side when compared to most dates in the series, this issue 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 United States history, which is a major reason for the lack of high grade specimens. Only a select few examples have been certified in Mint State, with none above MS62. This is 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 there are patches of luster throughout, which is 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 none finer. NGC reports four MS61 representatives, which may represent multiple submissions of the same coin, along with only two MS62 specimens (8/08). (Registry values: N4719)

Coin Index Numbers: (NGC ID# 25CE, PCGS# 7545, GSID# 8076)

Metal: 90% Gold, 10% Copper
Weight: 1.67 grams
AGW: 0.04838oz
Mintage: 13,280

View Certification Details from NGC