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    Description

    Pleasing 1865 Transitional Silver
    Dollar Pattern, Judd-434, PR63

    1865 $1 Dollar, Judd-434, Pollock-507, Low R.7, PR63 NGC.
    Design.
    The obverse die features the standard Seated Liberty motif used in regular-issue coinage in 1865. The reverse die consists of the familiar perched eagle design also used on circulation strikes and proofs of 1865, with the addition of a scroll above the eagle's head with the motto IN GOD WE TRUST. Struck in silver with a reeded edge.

    Commentary.
    Recent findings have caused experts to reconsider the opinion that this is a restrike issue, created for sale to collectors in the late 1860s and early 1870s. The single most convincing piece of evidence for the restrike theory was the overstruck example of Judd-434 in the Harry W. Bass, Jr. Research Foundation. This specimen was long believed to be overstruck on a business strike 1866 silver dollar--clearly indicating it could not have been minted in 1865.

    But this clue has recently been reevaluated. Close examination of the Bass example reveals the undertype may be dated 1853, so it is entirely possible that the Judd-434 specimen was coined in 1865. Most experts still believe the coins are restrikes, but they acknowledge the possibility that some examples may be originals, struck as transitional patterns in 1865.

    Whether their status is original or restrike, examples of Judd-434 are rare and beautiful coins. Gobrecht's classic design dominated U.S. coinage in the 19th century, and it is seen to best advantage on the large silver dollar format. USPatterns.com estimates approximately one dozen specimens are extant. The opportunity to acquire this numismatic prize may not recur for years.

    Physical Description.
    The present coin is well but not fully struck, with some softness on the star centrils and Liberty's hair, as usually seen on this issue. Handling marks are minimal. Mottled shades of lime-green and rose toning accent the surfaces. A most attractive specimen of this rare issue. NGC Census: 1 in PR63, 5 finer. PCGS Population: 3 in PR63, 4 finer (12/08).

    Provenance.
    Ex: Stack's private treaty transaction.
    From The Lemus Collection, Queller Family Collection Part Two.

    Coin Index Numbers: (NGC ID# 26VM, PCGS# 60619)


    View all of [The Lemus Collection, Queller Family Collection Part Two ]

    View Certification Details from NGC

    Auction Info

    Auction Dates
    January, 2009
    7th-11th Wednesday-Sunday
    Bids + Registered Phone Bidders: 8
    Lot Tracking Activity: N/A
    Page Views: 878

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