SOLD
2,500.00USDto floor+ buyer's premium
This item SOLD at 2022 Apr 19 @ 13:48UTC-04:00 : AST/EDT
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***Auction Highlight*** 1855-o TY 2 Gold Dollar 1 Graded ms61 By SEGS. The small 12.7 mm diameter of the Type I gold dollar brought about a few complaints of it being easy to lose, like the silver trime. To address this, Longacre enlarged the diameter to 14.3 mm, but he also completely revised the design, replacing it with an Indian design with a crown of feathers resembling his design on the newly introduced three-dollar gold piece. He also moved the inscription UNITED STATES OF AMERICA to the obverse from the reverse. The reverse laurel wreath was replaced with the cereal wreath Longacre employed on the three-dollar denomination and that was later adopted for the Flying Eagle cent. Even with these design changes, challenges faced Mint personnel when striking the coins. Because the weight of the denomination remained unchanged, the coins were made slightly thinner. The obverse Indian head bust of Liberty was in too high a relief for the thinner planchets, and most examples displayed poor definition in and around the centers. To further complicate matters, the dies often clashed early and frequently during press runs, and many survivors exhibit numerous pronounced clash marks. Bowers estimates 90% of all 1854 Type II dollars bear such clash marks on one or both sides. These striking deficiencies prompted the third and final redesign in 1856, enlarging the bust and flattening its relief profile. 855-o TY II Gold Dollar ms61 SEGS. As the last New Orleans Mint gold dollar, the 1855-O is a significant and desirable issue. Lighter yellowy-gold hues glisten across this wonderful Type II scarcity. Clouds of satiny mint luster cradle the design elements on each side, remaining most apparent throughout the lower half of the reverse. While the aged dies have shed some of the more intricate design elements, the primary motifs are overall bold. The overall complexion is well-composed, even under a glass, with just trivial marks outside focal regions and certainly nothing that distracts from the splendid eye appeal. Just 40-50 examples survive in all Mint State grades, testifying to the conditional rarity of this popular issue and the significance of the present lovely example A Corey's Pick, Bid to Win, Don't let it get Away, you might not find its equal Coin. I give this coin my highest recommendation
Auction Location:
148 Route 73, Suite 3-284, Voorhees, New Jersey, 08043, United States
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| From (Incl.) | To (Excl.) | Premium |
| 0.00 |
Infinite |
21% |
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