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    1861-D Gold Dollar, MS64+
    Struck by Confederate Authority
    Famous Series Key, The Finest Known

    1861-D G$1 MS64+ PCGS. Variety 12-Q. Ex: Simpson. The only dies for the year. The obverse die was left over from 1860-D production. On the reverse, the date is small and positioned somewhat to the left. The 1861-D is the rarest and most famous gold dollar from this Southern mint. It is also the single most sought-after Dahlonega coin, being the only regular issue that was produced entirely by the Confederacy.

    Recent research by Carl Lester suggests that as few as 500 to 1,000+ gold dollars were struck by Dahlonega Mint personnel after the facility was seized by CSA forces in April 1861. Probably just five to six dozen survivors are known today. Interestingly, more of these exist in high grades than one might expect, and there are likely more than a dozen pieces in Uncirculated. Winter suggests in the third edition of Gold Coins of the Dahlonega Mint that some were probably "saved as souvenirs." It is not at all a stretch of the imagination to suggest that some Confederate officer, or some involved with the production of these fabled coins, kept a handful of examples from what must have been a momentous occasion for those involved: a tangible association in golden metal of the rift that was dividing the fabric of a nation.

    A distinct appearance contributes, in part, to the charm of the 1861-D gold dollar. It is always found with a weak strike on the obverse, and this example is no exception. The UN in UNITED is soft, though it is actually more distinct than usual. The IC in AMERICA is also incomplete but, again, more fully defined than on nearly any other example of the 1861-D gold dollar we have seen. There is some weakness on the left side of the denticles, diagnostic for the issue. The remarkable reverse probably has the fullest strike we have seen on an 1861-D. The date and mintmark are full, while DOLLAR is complete, except for the O. There are multiple clash marks present -- heaviest near the R in DOLLAR. They also appear along the portrait. Partial reflectivity in the left obverse field is likely a result of mint personnel attempting to remove the clash marks. The surfaces are clean with only one tiny, shallow tick in the left obverse field and another shallow mark on Liberty's cheek. These serve as excellent identifiers for future pedigree information. Mint luster is exceptionally frosty for this or any other Dahlonega product. Rich orange-gold color graces the obverse, with hazel highlights at the center and toward the edge; the reverse is slightly lighter, deepening to an olive hue around the border.

    This high-end MS64+ representative is listed at the top of Doug Winter's Condition Census and serves as the plate coin in his series reference. As the finest example of this numismatically and historically significant key-date gold dollar -- a coin that has been off the market for 12 years -- we expect spirited bidding from advanced branch mint gold and Civil War coinage specialists. Population: 2 in 64 (1 in 64+), 0 finer (5/20).
    Ex: Dr. Philip Weinstein; Tony Terranova; Stack's; Leon Farmer Collection; Hancock and Harwell; The Jeffrey Fisher-Duke's Creek Collection of Dahlonega Gold (Heritage, 6/2006), lot 1493; Madison Collection / FUN Signature (Heritage, 1/2008), lot 3050.(Registry values: N10218)

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

    Weight: 1.67 grams

    Metal: 90% Gold, 10% Copper

    View Certification Details from PCGS

    Auction Info

    Auction Dates
    September, 2020
    17th Thursday
    Bids + Registered Phone Bidders: 33
    Lot Tracking Activity: N/A
    Page Views: 1,177

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