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Lot 637 - 1836 S$1 PCGS PR64 Original Medal Alignment

Currency:USD Category:Coins & Paper Money Start Price:25,000.00 USD Estimated At:50,000.00 - 55,000.00 USD
Lot 637 - 1836 S$1 PCGS PR64 Original Medal Alignment
1836 S$1. A extremely beautifully toned specimen of this famous rarity, and as graded, one of the most desirable of all American silver coins. Both obverse and reverse are a kaleidoscope of lovely pastel shades. Yellows, lilac, pink, turquoise, deeper shades of purple and blue, a wonderful checkerboard of color, yielding a treat to the eye. The reverse die is in "Original Medallic Alignment" with similar incredible colors but also featuring a goodly dose of just plain magnificent sunset gold and orange. What a picture it presents, what a remarkable coin!

Only 1,000 of these handsome pieces were minted in December, 1836, all with Proof finish. Some of the Gobrecht dollars were presented to VIPs, including two to President Andrew "Old Hickory" Jackson, others to Treasury officials, and a few to numismatic cabinets. Afterwards, many hundreds were simply dropped into circulation for face value! This is one of the rare instances in which a coin made from Proof dies ended up as a circulating issue. A legendary coin in American numismatics, and one that will obviously be a trendsetter in this sale.
(#1126)