LOT #4697 |
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1861-D G$1 MS63 PCGS. CAC. Variety 12-Q....
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Sold on Jun 6, 2013 for:
$111,625.00
Bid Source: HA.com/Live bidder
Description
1861-D Gold Dollar, MS63
Key to the Gold Dollar Series
1861-D G$1 MS63 PCGS. CAC. Variety 12-Q. The 1861-D has long
been considered the "King of the Gold Dollars." Its reputation is
derived not only from the small and unrecorded mintage, but also
from the fact that the entire issue was struck under the auspices
of the Confederacy. As such, it has both historic and numismatic
significance. All of the coins of this issue were struck from a
single pair of dies, in May, 1861, a month after the Dahlonega mint
was seized by the Confederacy. The exact mintage is unknown, but is
often estimated to be between 1,000 and 1,500 pieces. Aside from
its historical significance, the 1861-D is also the most elusive
D-mint gold dollar in terms of overall availability.The obverse of the currently offered coin was struck from the already defective 1860 die, and, like that previous issue, the U in UNITED is diagnostically weak, as are the rims. In this case, the U is nonexistent, while the letters NI and ICA, in AMERICA, are indistinct, as is the O in DOLLAR on the reverse. A pair of roller marks (as struck) extend diagonally through the center of the reverse, and a rough-textured planchet streak (as struck), that covers the left side of the R, in DOLLAR, could be used in the future as a pedigree marker. The irregular strike and planchet roughness can undoubtedly be attributed to production by "amateur minters," as Winter terms the remaining mint personnel. Lightly abraded for the grade, this is an important coin from both numismatic and historical perspectives. Population: 6 in 63, 2 finer (4/13).(Registry values: N10218)
Coin Index Numbers: (NGC ID# 25CV, PCGS# 7559, Greysheet# 8086)
Weight: 1.67 grams
Metal: 90% Gold, 10% Copper
Auction Info
2013 June 5 - 9 US Coin Signature Auction - Long Beach #1186 (go to Auction Home page)
Auction Dates
June, 2013
5th-9th
Wednesday-Sunday
Bids + Registered Phone Bidders: 18
Lot Tracking Activity: N/A
Page Views: 4,801
Buyer's Premium per Lot:
17.5% of the successful bid per lot.
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