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    Description

    1857 Gold Dollar
    Extremely Rare Gem Proof

    1857 G$1 PR65 PCGS. Production of commercial proofs began in earnest in 1860, although in 1858 and 1859 as the number of proofs increased in the final two years before a premium was charged by the Mint for proof strikes. In 1857, however, only a tiny quantity of gold dollar proofs were made. The accepted number of survivors hovers around 10 pieces. Tracing the individual proofs has been an exercise in futility, although a limited number of the great collections had one. Recent appearances are sparse -- the last piece we handled was a PR64 example in 2007.

    The present coin is housed in a earlier generation green label holder, which suggests a certification date of between 1994 and 1998. A glittering Gem, the fields display deep mirrors that contrast with nicely frosted devices. Traces of orange-gold patina float on the reflective, medium-gold surfaces. 1857 gold dollars seldom appear in any condition, much less in original Gem proof state such as this coin. A rare opportunity for the advanced gold specialist -- this is the finest certified proof reported by PCGS. Population: 1 in 65, 0 finer (2/15).
    From The New Orleans Collection.(Registry values: P6) (NGC ID# 25DY, PCGS# 7607)

    Weight: 1.67 grams

    Metal: 90% Gold, 10% Copper


    Learn more at the Newman Numismatic Portal at Washington University in St. Louis.

    View all of [The New Orleans Collection ]

    Auction Info

    Auction Dates
    April, 2015
    22nd-26th Wednesday-Sunday
    Bids + Registered Phone Bidders: 9
    Lot Tracking Activity: N/A
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