1858 G$1 MS68+ PCGS. CAC....

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1858 Gold Dollar, MS68+
The O'Neal Coin

1858 G$1 MS68+ PCGS. CAC. Ex: Simpson. The 1858 gold dollars (nearly 118,000 pieces) likely circulated for a few years after their original issue. Dave Bowers writes in A Guide Book of Gold Dollars (2008):

"Relatively few Mint State coins were saved by intent or chance. In fact, among old-time collections, choice and gem Proof 1858 dollars have appeared more often than have equivalent-quality circulation strikes -- and Proofs are rarities."

Jeff Garrett and Ron Guth add: "The 1858 gold dollar is more rare than either the 1856 or 1857 Philadelphia Mint issues, and as such, it is underrated at current price levels. Although this date is many times rarer than its later-date counterparts, it sells for only a small premium."

This MS68 representative features vibrant luster over immaculately preserved peach-gold surfaces. The strike is razor-sharp, including the first 8 in the date, an element that is lightly impressed on many other examples. Light clash marks are barely visible on both sides. Close inspection with a loupe reveals a couple of nearly imperceptible marks on Liberty's cheek and below the E in AMERICA and one near the reverse rim at 8:30. We mention these solely for pedigree purposes as they take nothing away from the coin's overall outstanding eye appeal or its importance as one of the finest 1858 gold dollars extant. Population: 1 in 68, 1 finer (7/20).
Ex: The Sweet Collection; The Classics Sale (American Numismatic Rarities, 3/2004), lot 1283; ANA Sale (Heritage Auctions, 7/2008), lot 1878; Jim O'Neal Gold Type Collection / FUN Signature (Heritage, 1/2012), lot 4704.(Registry values: N1)

Coin Index Numbers: (NGC ID# 25CH, PCGS# 7548, Greysheet# 8020)

Metal: 90% Gold, 10% Copper
Weight: 1.67 grams
AGW: 0.05oz
Mintage: 117,995

View all of [Important Selections from The Bob R. Simpson Collection, Part V ]

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