Lot 4530
1859-D $1 Gold Indian. PCGS graded MS-62. A lovely golden-orange problem-free example, lustrous and bright like the preceding 1858-D. The above average strike is nearly complete while the surfaces glisten with mint bloom. Only 4,952 coins struck. Some have commented on the fact this is the most common Type 3 gold dollar from the Georgia mint. We grant you the fact, but very seldom are survivors offered with as much aesthetic appeal and downright gorgeous sparkle. A coin can have a higher numerical grade but lose rank in terms of aesthetic attraction.
Sometime in January, 1859, the Dahlonega Mint received a shipment containing two die pairs for use this year. Most are poorly made, a trademark, it should be added, for the entire Dahlonega Mint run. Noted author David Akers states: "A collector must be willing to accept one that is poorly struck since that is the only way the 1859-D comes." Probably 150 to 250 examples survive in all grades, with the number certified dwindling above About Uncirculated condition. Pop 13; 4 finer, 3 in 63, 1 in 64 (PCGS # 7553) .
Estimated Value $9,000 - 10,000.
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| Realized $10,925 |
