1857-D G$1 MS61 PCGS. Variety 9-L....

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1857-D Gold Dollar, MS61
Low-Mintage D-Mint Issue

1857-D G$1 MS61 PCGS. Variety 9-L. From a small mintage of 3,533 pieces, the 1857-D has gained notoriety in recent years as the most undervalued Type Three gold dollar from the Dahlonega Mint. There are an estimated 150 to 200 pieces known but the great majority are in well-circulated grades. Just a few Uncirculated coins are accounted for and most of these are in the MS60 to MS61 range. This is a well-struck piece when compared to the typical 1857-D gold dollar. The hair detail on the obverse is considerably bolder than usual with some individual separation seen on the lower strands. Most of the obverse lettering is sharp while the denticles are completely delineated. The date shows good detail, but the O in DOLLAR and the bow, knot, and the wreath are quite soft. Several dark toning spots can be seen in the lettering on the right side of the obverse and a couple of small marks are noted in the right obverse field as the coin rotates under a light. Some light reverse clashmarks are located within the wreath and some less obvious clashmarks are located alongside Liberty's upper profile. Otherwise, the surfaces are free of significant marks or mint-made striking impairments and are quite a bit cleaner than usual for the issue. Each side presents a slightly reflective texture, and the quality of luster is well above average for this issue. Splashes of coppery-orange color can be seen in the obverse fields and, more extensively across the reverse. A seldom encountered Mint State example of this sought-after branch mint issue.
Ex: Pittsburgh Signature (Heritage, 8/2004), lot 7104.(Registry values: N4719)
From The Estate of Charles W. Montgomery.

Coin Index Numbers: (NGC ID# 25CF, PCGS# 7546, Greysheet# 8077)

Weight: 1.67 grams

Metal: 90% Gold, 10% Copper

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View Certification Details from PCGS