LOT #5560 |
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1889 G$1
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Sold on Jul 27, 1994 for:
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Description
1889 MS 65. An impeccable, virtually flawless example of the last year of the gold dollars. From the Faraday collection, originally purchased at the CSNS auction in May 1968. What continues to impress us, and forgive us if we repeat ourselves, is the incredible "eye" that Mr. Faraday had for quality. Back in 1968, coins were categorized as either circulated or uncirculated, with most of the arguments, if there were any, centering on the division of the circulated grades into those we are familiar with today (Good, Very Good, Fine, Very Fine, and so on). Terms like MS 60, MS 63, MS 65 and MS 67 simply did not apply to coins in general, and most collectors didn't care if a coin had an extra bagmark or two, perhaps a hairline here or there, and few people were willing to pay the few extra dollars to get a gem example of a given issue. But those who searched out quality, those who took the time to ferret out the best from a field of mediocrity, those who paid extra to obtain nice coins, have all taught us a lesson--quality coins will always sell and they will always bring top dollar.
Coin Index Numbers: (NGC ID# 25DU, PCGS# 7590, GSID# 8052)
Metal: 90% Gold, 10% Copper
Weight: 1.67 grams
AGW: 0.04838oz
Mintage: 29,000
Auction Info
1994 ANA Sale #122 (go to Auction Home page)
Auction Dates
July, 1994
27th-30th
Wednesday-Saturday
Bids + Registered Phone Bidders: 1
Lot Tracking Activity: N/A
Page Views: 124
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