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1859-C $1 Gold Indian NGC AU58

Currency:USD Category:Coins & Paper Money / US Coins Start Price:100.00 USD Estimated At:100.00 - 1,000,000.00 USD
1859-C $1 Gold Indian NGC AU58
<b>1859-C &#36;1 Gold Indian. NGC graded AU58.</b> Only 5,235 pieces minted. Lustrous greenish gold surfaces with considerable remaining luster. Carefully handled in the years since it was minted, though there is some slight surface roughness, as struck. This is one of the lower mintage C-mint dates. Douglas Winter described this issue as a &#34;sleeper&#34; among Charlotte Mint gold dollars, but now, in 2006, the sophisticated buyers realize just how rare it is in higher grades. The 1859-C is the final issue of the Charlotte Mint of this denomination &#40;although Charlotte would continue to strike other gold coins in 1860 and 1861 before the mint was closed by the Civil War disruptions&#41;. NGC #225416-002.

Planchets were produced at the Charlotte Mint by casting gold into ingots, then running the ingots through a rolling mill, reducing the spacing between the rollers several times until the acquired thinness was obtained. They often have minor planchet defects and impurities. It would be instructive to study a number of Charlotte Mint gold dollars at one time to see if any of the planchet defects are repetitive. Often, the problems were probably due to annealing and lamination.

KEY DATE 1859-C GOLD DOLLAR RARITY <b>&#40;PCGS # 7552&#41;</b>

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