Lot 873
1860-S $1 Gold Indian. PCGS graded MS-64. Light gold toning. Only 13,000 struck. Only five Type III gold dollars were produced at the San Francisco Mint with a combined mintage of 51,000. The 1860-S in near-gem condition being offered here is a Condition Census example and the only San Francisco gold dollar from the 1860s. The surfaces are satiny and showcase soft peach-gold coloration with hints of reddish gold. A beautiful undulation of frosty luster in the fields is present on the central reverse. Liberty's device is sharply struck and shows no scratches. Not only this, but aside from some very minute lines in the fields, this coin grades gem condition and we feel that careful inspection should be given to this piece.
A strong case could be made that the San Francisco Type III gold dollars are undervalued in near-gem and gem condition, given the extremely low census figures. Pop 2; 1 in 65 as best at PCGS. (PCGS # 7557) .
Estimated Value $8,500 - 9,000.
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| Realized $10,925 |
