LOT Heritage Rare Coin Galleries  /  2007 Jan (FUN) Heritage Signature Coin #422  / 

5186

1836 PS$1 Name on Base, Judd-60 Original, Coin Alignme

Currency:USD Category:Coins & Paper Money / US Coins Start Price:16,000.00 USD Estimated At:1.00 - 2.00 USD
1836 PS$1 Name on Base, Judd-60 Original, Coin Alignme
<B>1836 PS$1 Name on Base, Judd-60 Original, Coin Alignment Pollock-65, R.1, PR64 PCGS.</B></I> Silver. Plain Edge. Die Alignment I. Original Issue of 1836 with the head of Liberty opposite the O in DOLLAR. This is a newly encapsulated coin that uses the Gray-Carboneau methodology for attributing Gobrecht dollars. While "Coin Alignment" does not provide all the information necessary, it does suggest that the coin has a proper alignment when turned on a horizontal axis. A more exact attribution would be "Head of Liberty opposite the O in DOLLAR," as we have indicated above, but that is a bit much to put on a PCGS insert.<BR> Gobrecht dollars have been a favorite of collectors since they were first struck 171 years ago. Many were saved in high grades as curiosities or mementoes, especially this issue, the so-called First Originals from early December 1836, that was struck before the die was scratched on the upper reverse. Many of the estimated 400 coins from this striking period exist today in high grades, i.e., better than PR60, but few are known in near-Gem condition, and there is only one coin that has been certified finer, an NGC PR66. Specifically, PCGS has graded 12 coins in PR64 and NGC has certified 14 in this same grade.<BR> This is an uncommonly fine example that has a completeness of strike and richness of color that few pieces of any Gobrecht issue can rival. Every detail from the dies is fully brought up. While one might reasonably expect this from a proof coin, and all these are proofs even though struck for circulation, oftentimes weakness can be seen on the head of Liberty, the foot, peripheral stars, or eagle's feathers. Not so on this coin. Additionally, the surfaces are covered with rich stripes of iridescent rose, sea-green, and golden toning. There are no obvious or mentionable contact marks on either side of this exemplary Gobrecht dollar--a coin that is destined for a high grade 19th century type set.<BR><BR><b>Shipping:</b> Coin/Currency (<a target="_blank" href="http://www.heritageauctions.com/common/shipping.php">view shipping information</a>)
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