Goldberg Coins and Collectibles

Sale 87

September Pre Long Beach

$1 Gold

Lot	Photo	Description	Realized
Lot 1329		1849. Open Wreath. PCGS graded MS-65+. Well struck and mostly untoned with flashy bright gold fields and satiny devices. This is the first year of issue of the Gold dollar, which circulated along with silver dollars in this era. Gold and silver were fixed at a ratio of 1 to 16 and this attempt at bi-metallic circulating coins ended as they all do, with tinkering to try to prevent market forces from favoring one metal over the other. The problem came to a head in 1849, when both these Gold dollars and the Double Eagle were authorized (the larger double eagle began production in 1850). The California Gold Rush poured significant amounts of gold onto the world market, the price of course came down with all the additional supply available. Thus, in a relative sense, the forced balance of the 1 to 16 ratio with silver slipped closer to 1 to 15. Silver coins disappeared from circulation as they became valued more highly, above their face value in fact. In time minor adjustments were made to adjust the ratio to keep coins circulating. These Gold dollars represent one of the tiniest coins our country produced, and they wre struck until 1889 employing three distinct types. This glowing first year of issue will certainly appease any specialist who desires eye appeal and quality (PCGS # 7502) . Estimated Value $4,500 - 5,000. View details and enlarged photos Check results on similar lots	Unsold
Lot 1330		1849. Open wreath. NGC graded MS-63. Lovely toning and well struck (PCGS # 7502) . Estimated Value $1,000 - 1,100. View details and enlarged photos Check results on similar lots	Unsold
Lot 1331		1849. Open wreath. NGC graded MS-62. Lightly toned (PCGS # 7502) . Estimated Value $600 - 650. View details and enlarged photos Check results on similar lots	Unsold
Lot 1332		1851. PCGS graded MS-63. Housed in an Old Green Holder. Frosty and quite desirable. This lovely piece exhibits soothing shades of golden toning (PCGS # 7513) . Estimated Value $230 - 250. View details and enlarged photos Check results on similar lots	Realized $494
Lot 1333		1852. PCGS graded MS-63 PQ. CAC Approved. Boldly struck (PCGS # 7517) . Estimated Value $500 - 550. View details and enlarged photos Check results on similar lots	Realized $617
Lot 1334		1852-D. PCGS graded EF-45. Some light marks in the fields. Only 6,360 struck. Pop 12; 69 finer at PCGS. (PCGS # 7519) . Estimated Value $1,500 - 1,600. View details and enlarged photos Check results on similar lots	Realized $1,939
Lot 1335		1853-D. PCGS graded AU-58. A bold strike and loaded with luster. A very choice example for the grade. Only 6,583 struck and not many are known today. Here is one of the better preserved coins and will serve well to represent this issue in an advanced collection. Pop 26; 17 finer at PCGS (PCGS # 7523) . Estimated Value $3,500 - 3,800. View details and enlarged photos Check results on similar lots	Unsold
Lot 1336		1853-O. PCGS graded MS-64. Well struck throughout and with light golden toning over lustrous fields. A scarce date and mint with the total struck coming in at 290,000 pieces. This is an elusive coin to find at the MS-64 grade, and clearly rare any finer. New Orelans coinage has always been a popular way to collect coins, as the branch mints produced some of the more challenging dates to acquire. Some have low mintages, others have low survival rates. Thus, its always a good idea to acquire one of these finer pieces when the opportunity arises. Pop 32; 10 finer, 1 in 64+, 6 in 65, 3 in 66. (PCGS # 7524) . Estimated Value $2,800 - 3,000. View details and enlarged photos Check results on similar lots	Unsold
Lot 1337		1854. Type 1. NGC graded MS-64. Nice sharp strike. Pop 309; 84 finer at NGC. (PCGS # 7525) . Estimated Value $700 - 750. View details and enlarged photos Check results on similar lots	Realized $881