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Sale 62
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Lot 2025
1839 Pattern Dollar. Silver, Reeded Edge. Judd-104. Pollock-116 Rarity 3 NGC graded XF Details. Repaired. Gobrecht Dollar. Evenly Toned with areas of medium gray surface intersperced with lighter silver accents on the high points. Struck with methodical precision throughout, only a few of the stars show any flattening on their tops, while all of Liberty's skirtlines are bold.
According to www.uspatterns.com, these were released into circulation and are now considered by many to be regular issue and not patterns.
"Much controversy surrounds this issue. There are 2 theories revolving around them. The first theory originally espoused by Walter Breen and championed by Robert W. Julian and Craig Sholley believed that originals were struck in alignment I. We recommend reading their article in the July 31, 2007 edition of Numismatic News. The second theory by James Gray and Mike Carboneau believe that originals were struck in die alignment IV."
"Research is still ongoing on these but we believe that the die alignment IV pieces struck from perfect dies, like the Smithsonian example - in the earliest die state known - are in fact the originals. The Smithsonian example was struck using a collar containing 181 reeds just like the 1838. It is not known if later restrikes used a different edge collar.
"Complicating things further is an October 6, 2009 Numismatic News article by Robert Julian which states that all of the 1839 dated striking was destroyed. Research on all of this continues!!
"John Dannreuther has discovered that the working dies for this and J84/P93 were made from the same master die which originally had Gobrecht's name on the base as on J60/P65. Remnants of Gobrecht's name as well as several graver lines to efface the letters can be seen in the above image below." (PCGS # 11446) .
Estimated Value $7,000 - 8,000.
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| Realized $7,188 |
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