1733

1838 Pattern Dollar. Silver, reeded edge J-84 NGC PF64

Currency:USD Category:Coins & Paper Money Start Price:10,000.00 USD Estimated At:40,000.00 - 60,000.00 USD
1838 Pattern Dollar. Silver, reeded edge J-84 NGC PF64
A rare issue, recent population studies based on the number of 1838 dollars that have been observed in auctions and at major coin shows (compared with similar observations of 1836 dollars), indicates that the total number of 1838s that were eventually struck is probably less than 250 specimens. This is a figure that is smaller than the reported 300 1839 dollars that are officially mentioned as being struck in 1839, and the 1,600 Gobrecht dollars that were made in 1836 and 1837. The coin is well brought up over the central devices on each side and is also firmly struck on the peripheral stars, Liberty's foot, and the obverse and reverse denticles. When one considers the toning, this coin is for the most part uniformly toned a blue-gray color with deep, mirror-like fields and accents of gold when the light glances off the coin at an oblique angle. Some hairlines are present, not enough to comment on other than in passing, while the fields are glitteringly consistent with the coin's grade. Having those fine attributes in mind when bidding will assure you a chance of owning this spectacular specimen of the 1838 Gobrecht silver dollar.