1859-S G$1 MS64 PCGS. Ex: Simpson. The San Francis...Click the image to load the highest resolution version.
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1859-S Gold Dollar, MS64
1859-S G$1 MS64 PCGS. Ex: Simpson. The San Francisco Mint
ramped up gold dollar production by 50% from 1858 to 1859, when
15,000 coins were struck. Still, the California facility was far
more interested in converting as much gold as possible into coinage
as efficiently as possible, focusing on double eagle output at the
expense of smaller denominations like this. The gold dollars that
were struck actually saw circulation. Probably only a few hundred
pieces survive. Mint State coins are genuine rarities. PCGS reports
11 Uncirculated grading events, possibly including resubmissions.
Of those, this near-Gem is tied for finest with one other coin.
One of the Top Two Examples
The fields exhibit noticeable semiprooflike reflectivity, unsurprising for such a low-mintage issue, and each side features rich sun-gold color. This important top-graded gold dollar displays bold lettering, crisp headdress detail, and strong wreath elements. A few tiny ticks and hairlines barely prevent an even higher grade. An exceptional example and an exceptional opportunity. Population: 2 in 64, 0 finer (4/20).
Ex: Richard C. Jewell Collection (American Numismatic Rarities, 3/2005), lot 531.
Coin Index Numbers: (NGC ID# 25CP, PCGS# 7554)
Weight: 1.67 grams
Metal: 90% Gold, 10% Copper
Learn more at the Newman Numismatic Portal at Washington University in St. Louis.
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