LOT Old Heritage Auctions  /  2008 Jan. FUN Signature Coin Auction #454  / 

3042

1854 G$1 Type Two MS65 PCGS

Currency:USD Category:Coins & Paper Money / US Coins Start Price:28,000.00 USD Estimated At:1.00 - 1,000,000.00 USD
1854 G$1 Type Two MS65 PCGS
<B>1854 G$1 Type Two MS65 PCGS.</B></I> The Type Two gold dollar, featuring an "Indian Princess" Small Head, was minted from 1854 to 1856. The 1854 (coined only at the Philadelphia Mint), with a mintage of 783,943 pieces, is an important type coin. Paul Taglione, in his reference work on U.S. federal gold coinage, writes:<BR><BR>"The demand for short-lived and distinctive Type coinage over the past several decades has obscured the fact that the 1854 Type II Philadelphia issue is actually one of the more common of all Gold Dollars. It can be easily acquired in all grades up to Mint State-60 and even Mint State-65 examples are available with patient search."<BR><BR> Taglione's comments on MS65 examples notwithstanding, the Gem in this lot is <I>exceptional</B></I>, in that it bears a much better-than-average strike for an issue, and type, that is plagued by poor central definition. The Indian's bonnet displays excellent detail, as do all the letters in DOLLAR and digits in the date, and all elements of the wreath. Only the hair reveals minor softness at the temple. The patina is outstanding, a delicate mix of apricot-gold and mint-green. Vibrant luster adorns both sides, each of which has been well cared for. Were it not for a few inoffensive obverse handling marks, this magnificent coin would have an even higher grade. Population: 50 in 65, 11 finer (11/07).<BR><I>From The Madison Collection.</B></I><BR><BR><B>Coin Engraver:</B> James B. Longacre<BR><BR><b>Shipping:</b> Coins & Currency (<a target="_blank" href="http://www.heritageauctions.com/common/shipping.php">view shipping information</a>)
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