Lot 2447
1860-D $5 Liberty. Medium D. PCGS graded AU-58. Well struck and lustrious with a warm reddish to brown-golden hue. Outstanding obverse strike and stars; the reverse will amaze you with its sharp wing and leg feathers, as only the neck detail is lacking a little clarity. Only 14,635 minted. Pop 13; 16 finer. (PCGS # 8286) .
Clair M. Birdsall authored an excellent book in 1984, entitled The United States Branch Mint at Dahlonega, Georgia: Its History and Coinage. As part of his groundbreaking research, Mr. Birdsall had a number of Dahlonega gold coins non-destructively analyzed (by X-ray fluorescence) for their silver content. Many were found to contain upwards of 5% silver content in the early years of the 1830s, but then with decreasing amounts of silvery by the late-1850s and early 1860s. Hence, the variance in color from one year's minting to the next.
Estimated Value $5,500 - 6,500.
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| Realized $6,613 |
