Lot 1836
1901. NGC graded MS-64. Boldly struck and untoned with outstanding light pinkish-gold frosted luster. The United States issued gold coins in the 19th and early 20th century in "coin" gold alloy, which is 90 parts gold with 10 parts copper (by weight) added to strengthen the coin. This increases longetivy in circulation. Pure gold is too soft to use in coinage and, for that matter, wearable jewelry. The 10% copper alloy lends its slight pinkish hue to the coin. Compare to modern bullion pieces such as the 2006-to-present $50 "Buffalo" pure gold coins, which have a much yellower color (PCGS # 8747) .
Estimated Value $1,100 - 1,150.
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| Realized $1,293 |
