1861-D G$1 AU55 PCGS. Winter 12-Q....

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1861-D Gold Dollar, AU55
Exceptional for the Issue
High-End for the AU Level

1861-D G$1 AU55 PCGS. Winter 12-Q. The 1861-D is one of the most coveted issues in the gold dollar series. It is scarce, with Doug Winter estimating a survivorship of only 65 to 75 examples, and its entire mintage was produced by Confederate rebels. Georgia seceded from the Union on January 19th, 1861, shortly after a set of two new reverse dies arrived at the Dahlonega branch mint. The Confederacy seized the mint but continued to produce coins until the available gold stock was exhausted. It is unknown how many 1861-D gold dollars were struck, although estimates run as low as 1,000 or 1,200 coins (David Akers and Q. David Bowers). The Guide Book mintage of 1,250 pieces is an estimate.

Although two 1861-D reverse dies were sent to Dahlonega, only one die variety has ever been identified, employing one of the reverses and the old 1860 (but undated) obverse. It is likely the Confederate men who struck the coins only used one of the available reverses, although the possibility remains that coins struck from the second reverse could surface at some point.

The 1861-D demonstrates both the Dahlonega Mint's rampant striking problems and the inexperience of the Confederate coiners. All examples show some degree of strike weakness or planchet problems. This coin exhibits the typical weakness along the lower obverse border and periodically around the reverse margin. The centers, however, are well defined. Wear is faint, and satiny luster prevails in the protected areas. Rich orange-gold color adds to the eye appeal. Listed among the 100 Greatest U.S. Coins,#46 in the sixth edition. PCGS Population: 14 in 55, 34 finer (11/25).(Registry values: N7079)
From The Charles Hirsch Collection, Part I.

Coin Index Numbers: (NGC ID# 25CV, PCGS# 7559, Greysheet# 8086)

Weight: 1.67 grams

Metal: 90% Gold, 10% Copper

View all of [The Charles Hirsch Collection, Part I ]

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