LOT #4445 |
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1870-S G$1 MS64 NGC. CAC....
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Sold on Apr 25, 2013 for:
$10,868.75
Bid Source: HA.com/Live bidder
Description
1870-S Gold Dollar, MS64
Appealing and Underrated
1870-S G$1 MS64 NGC. CAC. "1870-S" is one of those magical
dates in U.S. numismatics that can make even the most jaded
numismatists take notice. One known 1870-S half dime is unique; an
1870-S three dollar gold is similarly unique; 1870-S Seated dollars
are extremely rare, with about 10 known; and most other 1870-S gold
coins are rare in high grade save for the double eagle, minted in
plentiful quantity. Augustus Heaton wrote in his 1893 treatise on
mintmarks that "the San Francisco [gold dollar] issues are seven:
1854, '56, '57, '58, '59, '60, and '70, all being obtainable but
the latter, which is excessively rare and the only one of the gold
dollar mintmarks which we do not possess."The 1870-S was the last gold dollar struck at a branch mint and the only one after 1860. Garrett and Guth point out that examples of the 1870-S were bringing upwards of $100 "at the start of the 20th century, when common dates brought less than double face value." This near-Gem shows both the mintmark and the large date prominent in comparison to the design elements. Save for a thin scrape in the right obverse field, neither side shows any singular contact on surfaces that boast a decent strike and excellent eye appeal. Census: 2 in 64, 4 finer (3/13).
From The Fairfax Collection.(Registry values: N4719)
Coin Index Numbers: (NGC ID# 25D7, PCGS# 7570, Greysheet# 8087)
Weight: 1.67 grams
Metal: 90% Gold, 10% Copper
View all of [The Fairfax Collection ]
Auction Info
2013 April 24 - 28 CSNS US Coin Signature Auction - Chicago #1184 (go to Auction Home page)
Auction Dates
April, 2013
24th-28th
Wednesday-Sunday
Bids + Registered Phone Bidders: 10
Lot Tracking Activity: N/A
Page Views: 1,244
Buyer's Premium per Lot:
17.5% of the successful bid per lot.
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