LOT Heritage Rare Coin Galleries  /  2004 June Long Beach Signature Sale #349 - Sessi...  / 

6116

1839[PS$1] Name Omitted, Judd-104 Original, Pollock-116, R.3--Tooled, Polished--ANACS. AU Details, N

Currency:USD Category:Coins & Paper Money / US Coins Start Price:1.00 USD Estimated At:1.00 - 1,000,000.00 USD
1839[PS$1] Name Omitted, Judd-104 Original, Pollock-116, R.3--Tooled, Polished--ANACS. AU Details, N
<B>1839<PS$1> Name Omitted, Judd-104 Original, Pollock-116, R.3--Tooled, Polished--ANACS. AU Details, Net PR20.</B></I> Silver. Reeded Edge. Die Alignment IV, original issue of 1839. The head of Liberty is directly opposite the letters OF in the reverse legend. According to Walter Breen's definition of die alignments for Gobrecht dollars, this coin is a Die Alignment IV specimen (i.e., eagle level after a rotation around the coin's vertical axis, or "medal turn"). Toned in deep shades of gray and navy blue with underlying brightness from polishing. The letters LIBERTY in the shield are unusually sharp, as are some other central features. While the overall detail of the coin is more consistent with a higher grade coin, some portions appear to have been tooled (e.g., the obverse stars have been worked) and the surfaces burnished (or polished). Nevertheless, no reverse die crack is visible in AMERI. Although impaired, the coin shows the typical die state characteristics of an "original" 1839 dollar; and as such, is believed to be one of the 300 dollars that were originally issued for general circulation in December 1839. Due to the small mintage for that year, "original" 1839 dollars are usually difficult to locate. Many 1839 dollars seen today (and most of those that have been certified) are actually restrikes made in the late 1850s and 1860s. Although not a particularly attractive coin, the present 1839 Gobrecht dollar does represent one of the rarest regular issued U.S. silver dollars ever made, and in its current state of preservation, should be an affordable specimen for a circulated type set.<BR><I>Ex: Rarities Sale (Bowers and Merena, 8/01), lot 266.</B></I><BR><I>From The Paulsboro Collection.</B></I> <BR><BR><B>Important notice:</B> Heritage usually auctions material at the rate of 200-250 lots per hour. On some occasions eBay Live bid software or the Internet may not be able to keep up with the pace of the auction. We recommend placing a realistic absentee bid now as insurance to avoid disappointment. Occasionally the auctioneer may eliminate or reject an eBay Live bid, and the auctioneer may also reopen a lot after the close of the eBay live bidding (usually because we missed an audience bid), and may reject your bid even if it shows you as the winning bidder. By bidding via eBay Live, you agree that Heritage may award the lot to another bidder at its sole discretion under the circumstances described above or any other reasonable circumstances. Since eBay bids are not shown to us until we open the lot on the floor, we treat those bids just like floor bids. In most cases the floor responds before the eBay bid is presented to us, due to Internet lag time, so for consistency we have made it a policy that floor bids are always considered first over tie eBay live bids. Also please note that all Heritage lots purchased through eBay Live carry a 20% Buyer's Premium. Please make sure you read the Terms and Conditions before you bid.
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