Lot 2326
1855 $1 Gold Indian. NGC graded MS-61. Light clash marks as made. The desirable Type 2 small Indian head design by James Longacre. Frosty with normal old-gold patina, this scarcer Type was struck to improve the size and appearance of the first, smaller Liberty head dollars of 1849-54. But in doing so, the mint made a mistake by setting the portrait in high relief which caused weak strikes at the centers on both sides. In order to remedy this problem, yet a third style was introduced in 1856. Now Liberty is in much flatter - some say, less elegant - relief and the main defects of striking all but disappeared (PCGS # 7532) .
Estimated Value $2,400 - 2,600.
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| Realized $3,105 |
