LOT Old Heritage Auctions  /  2007 Signature Coin - Charlotte, NC #434  / 

2198

1857 G$1 MS67 PCGS. While Gem Type Three dollars from

Currency:USD Category:Coins & Paper Money / US Coins Start Price:1.00 USD Estimated At:1.00 - 1,000,000.00 USD
1857 G$1 MS67 PCGS. While Gem Type Three dollars from
<B>1857 G$1 MS67 PCGS.</B></I> While even Superb Gem Type Three dollars from late in the Indian Head series (1874-1889) are found with some frequency, the 1857 gold dollar in Superb Gem or finer is another matter entirely. Numismatists, as well as the collecting public who occasionally laid aside a nice coin, likely knew from the mid-1870s onward that the series was eventually doomed. The signs were clear: The last sizeable mintage occurred in 1874, with most of the subsequent emissions on the far side of minuscule; the coins did not circulate but were popular as souvenirs; and the Morgan dollar mintage started in 1878, obviating the need for a duplicate gold denomination.<BR> While most of the business strikes from the late 1870s onward have MS67 populations at PCGS numbering in the dozens to low hundreds, the 1857 shows a population in Superb Gem of four pieces, with a single coin finer (4/07).<BR> This piece boasts lustrous, mark-free peach-gold surfaces with radiant brilliance. Some old clash marks are faintly visible in the obverse fields; a more-recent clash from Liberty's bust truncation on the reverse connects the wreath tops. Some light central softness is confined chiefly to the O in ONE and the 85 in the date. The reverse is rotated clockwise about 10 degrees.<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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