Lot 1457
1875 $1 Gold Indian. NGC graded MS-61. Nice golden toning. Reflective surfaces. Production of one-dollar gold at Philadelphia descended like a torn hot-air balloon from 198,820 pieces in 1874 to a mere 420 coins in 1875. Four hundred of the latter were the business strikes, a figures that classifies the 1875 as the key date, low-mintage Philadelphia Mint issue in the series. Perhaps no more than 50 to 70 business strike 1875 gold dollars remain out of that total. Nearly all, oddly enough, grade Mint State. The present coin has a small, diagnostic mint-caused die scratch in the obverse field below the chin. The surface is relatively few of abrasions for the MS61 grade. A Prooflike coin with pleasing fresh-gold appearance. Pop 4; 9 finer. Only 400 struck for this year. Very rare (PCGS # 7576) .
Estimated Value $6,000 - 6,500.
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| Realized $7,800 |
