Goldberg Coins and Collectibles



Sale 42

Pre-Long Beach Coin and Currency Auction


Patterns
 
 
Lot Photo Description Realized
Lot 3142
1836 Pattern Dollar. Silver, plain edge. PCGS graded Proof 55 Restrike. Light even grey toning on both sides. A handsome Gobrecht dollar! The nicely toned surfaces reside over smooth underlying fields and sharp devices. There is one small identifying mark in the field opposite the left elbow Well struck for this key design and easily matching or surpassing others in like grade. The eagle flies within a field of 26 stars of varying size, while on the obverse, unlike that seen on the adopted design of 1840-73, LIBERTY is in raised letters on the shield (PCGS # 11227) .
Estimated Value $18,000 - 20,000.
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Lot 3143
1836 Pattern Gold Dollar. Gold, plain edge. PCGS graded Proof 64. PCGS #13819130. A sparkling Proof with light golden toning. Indeed, an almost astonishing near-gem of the best possible order for the grade whose reflective surfaces play host to robust, detailed devices. On the obverse, the engraver (Gobrecht) placed a radiated liberty cap with LIBERTY on the band. For the simpler reverse, 1 D is encircled by a palm branch; UNITED STATES OF AMERICA 1836 around for an eye-catching design. Pop 4; 6 finer; 3 in 65; 3 in 66. (PCGS # 11260) .

This year is notable for the appearance of Patterns for two denominations which were not regularly issued until many years later, the two?cent piece and the gold dollar. In the early part of the year, Gobrecht interrupted his work on the second obverse of the silver dollar that bears his name to make the dies for the Pattern gold dollar. The dies were completed and specimens struck before March 14, 1836, for a letter of that date from the Director to the Secretary of the Treasury enclosed a specimen in gold.
Estimated Value $20,000 - 25,000.
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Realized
$23,000
Lot 3144
1850 Pattern Three Cents. Silver, plain edge. Original. Rarity 4. PCGS graded Proof 58 PQ. Nice original toning on both sides of this Premium Quality coin. Struck in silver, this attractive design was the Mint's first foray into designing a three-cent piece for circulation. However, the attractive Liberty cap and rays motif was tossed aside and replaced in 1851 (when actual production go underway) with a large six-pointed star instead. One never knows, but it may have been the rays on this Pattern coin that were the source for the Mint choosing to add rays around the eagle on the silver quarter dollar and half dollar issues of 1853.) Pop 4; 44 finer (PCGS # 11536) .
Estimated Value $1,500 - 1,600.
Ex: The Brentwood Park Estate.

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Lot 3145
1851 Pattern Cent. Billon, plain edge, perforated. Low Rarity 6. NGC graded Proof 64. Struck in billon metal, the color is natural light to medium gray with smooth surfaces and an intriguing design. Inner and outer wide rims give it a target appearance. Plain edge. Pop 2; 1 in 66.

According to Judd, "The attempt to produce an acceptable ring cent was continued using a different design but the same alloy and weight as in 1850. The reasons why the ring cent was not adopted are outlined by the Director of the Mint in a letter to the Secretary of the Treasury, dated May 26, 1854. He explained that the cost of recovering the silver would exceed the value of the bullion and that the mechanical difficulties in making ring cents are not trivial. They lie not in planchet cutting but in stamping and ejecting the coins from the dies. I estimate that most of the value of a cent so formed would be sunk in the cost of striking."
Estimated Value $1,800 - 2,000.
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Realized
$1,783
Lot 3146
1852 Pattern Gold Dollar. Gold, plain edge, thin planchet. PCGS graded Proof 65. PCGS #13819129. Very choice for the grade. Sixteen years after America's first Pattern gold dollar actually struck in gold, the mint released to a small group of insiders this genuinely handsome design for a proposed annular or ring dollar dated 1852. Struck in Proof, fresh golden mirror-like fields support boldly hypnotic devices on this fresh-appearing coin. Almost everyone likes to seek a Pattern coin that was struck with precision and care by the dies in the outer margins and on all legends that you'd expect; here too, the inner pattern designs were also left crisply detailed by the imprint of the dies. Once viewed, there is no forgetting this handsome piece. And once sold, it may be lost sight of again for years, perhaps decades! A rare opportunity for the Pattern coin collector. Pop 6; 2 finer in 66. (PCGS # 11604) .

During this period the silver coins were disappearing from circulation due to the fact that they contained more bullion than their face value. Hence there was a demand for gold coins of the dollar and half-dollar denomination. Researcher Walter Breen found in the Archives a letter from the Director of the Mint, George N. Eckert, to Senator R. M. T. Hunter dated January 27, 1852, which shows that the half-dollar and larger ring-gold dollar were the first pieces made.
Estimated Value $20,000 - 25,000.
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Realized
$24,725
Lot 3147
1858 Pattern Cent. Copper-nickel, plain edge. Rarity 1. ANACS graded Details of AU-50. Scratched. Net grade VF30. This is the popular "Transition" Indian cent that enploys the identical obverse and reverse designs of 1859 but with the date 1858. Perhaps a few hundred are known. Collectors often put one in a set of Indian Cents to surprise and delight their friends who haven't heard about the "1858" Indian cent! (PCGS # 11885) .
Estimated Value $500 - 525.
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Realized
$576
Lot 3148
1863-L Pattern Cent. Bronze, plain edge. Judd-301. Pollock-363. PCGS graded Proof 63 Red & Brown. PCGS #11689471. A very important coin and desirable as the not-so-famous 1863-L Proof Indian Cent. Much rarer than the famous 1864-L Proof Cent of which 20 were struck. A must for every collector of Indian Cents. The coin's designer (L = Longacre, James B.) was a key player in developing a new reduced-weight standard for the one-cent coin. Beginning as early as 1849-50, the mint experimented with an almost endless variety of sometimes rare, sometimes affordable Pattern cents. The experiments ranged from different metals (mostly base metals pieces like billion, but some containing trace amounts of silver). Also, different weights and sizes were tried. As the 1860s unfolded, the agreed standard was taking form: French bronze, containing 95% copper and 5% tin and zinc. This handsome 1863-L Pattern cent is one of the most elusive known to collectors. Some might consider it the direct precursor to the rare Proof 1864-L regular issue pieces since it is identical except for the date. None graded at NGC Only 3 known. 1 offered in the past 40 years. Pop 1; 1 in 64; 1 in 65. (PCGS # 70456) .

The year 1863 witnessed the beginning of the 6 year long project to construct a transcontinental railroad. The two firms that built the, at first rickety roadbed received government grants of land and money for every mile of roadbed they constructed. Completion took place in 1869 at Promontory Point, Utah with the driving-in of the golden spike (that was quickly removed and replaced with a normal iron spike). The railroad tracks and ties were so slipshod and poorly constructed that immediately upon completion, the entire line had to be relaid over the next several years! (That part is left out of the school text books.).
Estimated Value $40,000 - 50,000.
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Lot 3149
1863 Pattern Two Cents. Bronze, plain edge. . Rarity-4. NGC graded Proof 64 Red & Brown. Faded red mellowing to light steel brown with hints of bluish steel overtone. No spots or contact marks. The fields are a bit cloudy but remain slightly reflective. The mirrors are shallow and do show microscopic hairlines on both sides. This is the earliest dated Mint pattern to have Washington's portrait. The weight of this piece is not listed on the NGC label, so it can't be determined if the planchet is thick or thin. The attribution is noted on the NGC label. Pop 1: 7 finer.
Estimated Value $1,500 - 1,550.
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Realized
$2,185
Lot 3150
1864 Pattern Quarter Dollar. Silver, reeded edge. NGC graded MS-64. Low Rarity 7. A brilliant Proof specimen with a hint of tone just starting to form around the borders. We note some very minor areas of unfinished polishing as made. The most notable feature of this rare Pattern is its reverse, designed by long-time assistant engraver and consultant to the mint Anthony C. Paquet. Paquet's eagle sports a fancy shield on its breast, one that is much curvier than on the regular issues. Paquet's signature tall narrows letters appear in the legends: UNITED STATES OF AMERICAN and QUARTER DOLLAR. Finally, the arrows are extremely long and overlap the right wing rather than pass below it as on the regular pieces, another innovation. Pop 1; 3 finer in 65 (PCGS # 60555) .
Estimated Value $3,000 - 3,500.
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Lot 3151
1865 Pattern Five Cents. Nickel, plain edge. . High Rarity 6. PCGS graded Proof 64. A hint of light tone on both sides. A rare and popular Pattern. A world of opportunity opens for the collector here. Why settle for a Proof 1866 With Rays Shield Nickel, rare as these are, desirable to an extreme, when it is easy to go one better and pick up this truly handsome 1865 Pattern with the identical design as adopted in 1866. Admittedly, this coin has hypnotized us at first glance, which is why we, as your hosts of the sale, are undertaking to grab you attention. Bidders would be wrong to think that is the only reason, however; rather because this "transitional" Pattern has such historical connections. Designs by James Barton Longacre, chief engraver at the Mint from 1844 to 1869. Pop 8; 1 finer in 66. (PCGS # 60598) .
Estimated Value $4,000 - 5,000.
Ex: Superior Auction June 1977 Lot 180 Ex: The Brentwood Park Estate.

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Realized
$5,750
Lot 3152
1870 Pattern Dime. Silver, reeded edge. High Rarity 6. PCGS graded Proof 64. Mostly untoned with a hint of light gold on the obverse. Liberty, as depicted on this petite Pattern dime by William Barber, is seated facing left supporting a shield and liberty cap on a pole with the right hand and holding an olive branch in the left. The same design was used on Patterns for the half dime, quarter dollar, half dollar, and silver dollar this year. A popular, affordable (and decidedly attractive) Type. Pop 3; 1 in 65 (PCGS # 61075) .
Estimated Value $2,000 - 2,400.
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Realized
$2,760
Lot 3153
1875 Pattern Three Cents. Copper, plain edge. High Rarity 7. PCGS graded Proof 64 Red & Brown. Regular dies strike on a copper planchet. A very rare off-metal Pattern and one that rarely comes to market in any grade. Pop 1; None finer at PCGS. Only example graded by PCGS. (PCGS # 71692) .
Estimated Value $7,000 - 7,500.
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Realized
$8,050
Lot 3154
1879 Pattern Goloid Metric Dollar. Goloid, reeded edge. Rarity 4. PCGS graded Proof 65. Lovely yellow and golden toning on both sides. Smooth mirror surfaces combined with bold relief. While Congress was considering the adoption of Jay Abel Hubbell's goloid metal and the metric system of weights and measures, the Mint produced sets of Patterns in 1879 composed of a metric silver dollar, a metric goloid dollar, and the famous metric four-dollar gold piece or Stella.

The metric dollar offered in this lot was designed by William Barber. For the obverse of the he used the Liberty head from his rejected silver dollar design of 1878, substituting the motto E PLURIBUS UNUM for IN GOD WE TRUST. As can be seen by the photographs, this is an attractive design. Rarely available in Gem Proof condition. Pop 6; 1 in 66, 1 in 67 (PCGS # 62004) .
Estimated Value $3,000 - 3,500.
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Realized
$3,910






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