1870-S G$1 MS65 PCGS. CAC. This date-mintmark comb...Click the image to load the highest resolution version.
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1870-S Gold Dollar, MS65
1870-S G$1 MS65 PCGS. CAC. This date-mintmark combination is
famous because of the unique three dollar gold piece. Although far
from unique, specialists in this series recognize the 1870-S gold
dollar as a challenging issue. Dave Bowers points out in A Guide
Book of Gold Dollars that despite a reported mintage of 3,000
pieces, "it is likely that 2,000 lacked the S mintmark." Indeed,
the first sets of dies sent to the San Francisco Mint for 1870
production inadvertently lacked the mintmark. On May 14, the
superintendent of the S-mint sent a telegram to Philadelphia
explaining that 2,000 coins had been struck from those dies and
asking whether or not they could be issued. It is not known for
certain if those pieces were distributed. Assuming they were, that
would leave a net mintage of only 1,000 1870-S gold dollars with
the identifying mintmark. It may also explain why Augustus G.
Heaton called this issue "excessively rare" in his 1893
Older Holder, Green Approval Sticker
One Example Graded Finer
The present Gem is one of the finest collectible examples certified. A single coin is graded higher between PCGS and NGC, that being an MS66 PCGS representative. This gorgeous honey-gold example is not far behind. Each side features thick mint luster and pinpoint strike detail. The obverse fields are nearly pristine, while a bit of chatter appears at the upper reverse. Housed in a green label holder with a matching CAC approval sticker for quality within the grade. Population: 6 in 65 (1 in 65+), 1 finer. CAC: 3 in 65, 0 finer (4/20).
Coin Index Numbers: (NGC ID# 25D7, PCGS# 7570)
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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