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1857-D G$1 MS62 PCGS.

Currency:USD Category:Coins & Paper Money / US Coins Start Price:1.00 USD Estimated At:1.00 - 1,000,000.00 USD
1857-D G$1 MS62 PCGS.
1857-D G$1 MS62 PCGS. Variety 9-L. (per Doug Winter's second edition and revised attribution system). The only variety for the year. Heavy obverse lettering; similar reverse to that seen on the 1856-D gold dollar with a similarly filled O in DOLLAR and the same mintmark punch.RARITY INFORMATION: The 1857-D has gained notoriety in recent years as the most undervalued Type Three gold dollar from this mint. There are an estimated 120 to 130 pieces known but the great majority are in well-circulated grades. Between five and seven Uncirculated coins are accounted for but a number of these are in the MS60 to MS61 range and may not have been regarded as "new" by previous grading interpretations.STRIKE: This is a very well struck piece when compared to the typical 1857-D gold dollar. The hair detail on the obverse is considerably more bold than usual with some individual separation seen on the lower strands and in the plumage. The obverse lettering is very sharp while the denticles are completely delineated. The date has some minor weakness as well as the O in DOLLAR and the bow, knot, and the wreath detail at the lower left.SURFACES: A small mark can be seen on the cheek of Liberty, extending into the mouth. One old, well-hidden scrape on the reverse is visible on the lower left portion of the wreath down past the outside of the mintmark. Some light reverse clashmarks are located within the wreath and some less obvious clashmarks are located alongside Liberty's upper profile. Otherwise, the surfaces are free of significant marks or mint-made striking impairments and are quite a bit cleaner than usual for the issue.LUSTER: The luster is very good for this issue. The obverse is mostly frosty while the reverse has a slightly reflective texture. The quality of luster is well above average for this issue.COLORATION: Splashes of coppery-orange color can be seen in the obverse fields and, more extensively, across the reverse. At 4 o'clock on the reverse, a copper spot serves as identification.EYE APPEAL: There are not very many 1857-D gold dollars known that have good eye appeal. This is certainly one of the best looking pieces in existence. It has a nice strike and good surfaces with excellent luster and pleasing color. COMPARABLES: In our January 2003 Ashland City Collection sale, a PCGS MS62 1857-D gold dollar brought $11,500. No other MS62 has been sold at auction in recent years.PEDIGREE: Obtained via Doug Winter from the Superior (2/99) sale, lot 1685, where it brought $12,075. Tied with a few other coins as the highest graded example seen by PCGS and the plate coin the second edition of Doug Winter's book "Gold Coins of the Dahlonega Mint, 1838-1861." Listed in the revised Condition Census as tied for the second finest 1857-D gold dollar. Important notice: 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. 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.