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Sale 39
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Lot 2065
1839 Pattern Dollar. Silver, reeded edge. . J-104. . P-116. NGC graded Proof 65. Housed in NGC holder 1500609-001. A needle sharp gem with splendid natural toning. the centers are light golden with electric blue irridescense at the borders.This important Pattern issue is often collected with the seated Liberty dollars, so we placed it there instead of among the Pattern issues. The obverse is by Christian Gobrecht with the seated Liberty design, the reverse has an eagle in full flight with the legend UNITED STATES OF AMERICA and ONE DOLLAR around. The strike is as crisp as a North Dakota winter's morning, and the toning must be seen to be appreciated. Deep shades of amber and sunset golds throughout, plus some steel blue iridescence at the rims. What's more, nary a mark or tarnish streak to be found on the surfaces. Full originality can be seen in the colors, through the colors, and glistening from the sleek mirrors. Few are ever seen this high, Proof 65, with beauty beyond compare! Die alignment IV (Pollock), when the coin is turned like a medal, the eagle is flying level. This is the more common die alignment, and these are believed to be restrikes circa 1858 or later during the Robert Coulton Davis years at the Mint. Mint workmen supplied Mr. Davis with various delicacies from the Mint's die library. Some might praise these early indiscretions at the Mint, for reason that our most popular 19th century rarities were made to order during the free-wheeling days before the various scandals broke, and the "restrikes" were brought under control (at least for awhile). Pop 8; 2 in PF66
Struck in silver with a reeded edge. Gobrecht Dollars are among the most confusing series of coins in the whole of U.S. numismatics, and the 1839 is a typical enigmatic date. Most extant 1839 pieces, whether they are originals from 1839 or restrikes from later decades, were struck in Die Alignment IV. The latest A Guide Book of United States Coins observes that 300 1839 Gobrecht Dollars were delivered that year for use in circulation. These were struck from perfect dies in Die Alignment IV. Most survivors are worn and/or impaired to some degree from use in the avenues of commerce. Gem Proofs like this lovely toned Proof 65 are major rarities.
Estimated Value $70,000 - 80,000.
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| Realized $89,125 |
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