1732

1836 Pattern Dollar. Silver, plain edge J-60 PCGS PR63

Currency:USD Category:Coins & Paper Money Start Price:6,250.00 USD Estimated At:25,000.00 - 30,000.00 USD
1836 Pattern Dollar. Silver, plain edge J-60 PCGS PR63
Name on base. A splendid specimen, as graded, of this, one of the most beautiful of all American silver dollars. Both obverse and reverse are toned light gunmetal-blue and gray, nicely blended, yielding a indulgence for the eye that matters a lot to the numismatist who appreciates a carefully preserved coin.

Just 1,000 of these pieces were minted in December, 1836, all with Proof finish. Some of them were presented here and there, including two to President Andrew Jackson, others to Treasury officials, and a few to numismatic cabinets. Afterwards, many hundreds were apparently put into circulation at face value! This is the first (but not only) instance in which a coin made from polished dies, explicitly with Proof finish, proved to be a circulating issue. For many years the variety was considered to be a Pattern, designated as J-60 (Pollock-65), but this is misdirected. The pieces were regular issue, not Patterns or experimental in any way.