Lot 700
1855-C. NGC graded MS-60. Better than average strike but still a tad weak on Liberty's hair curls above her ear and on the central reverse, specifically on LL of DOLLAR and the 8. A hint of golden rose tone. The surfaces show a few scattered light handling marks, as one should expect for the grade assigned, but still and all a coin that apparently did not circulate.
When David Akers did his study on gold coins, the 1855-C gold dollar earned the "lowest" average grade for known survivors at VF-27. This is likely due to the fact that approximately 80 percent of these coins are poorly struck up. Striking issues don't equal wear, but nevertheless this fact has pushed the overall grade down on many survivors. Only a modeste number are still considered to be mint state, and this is one of the condition rarities of the Gold Dollar series. Only 9,803 struck. Pop 4; 11 finer, 7 in 61, 4 in 62. (PCGS # 7533) Estimate Value $19,000 - 20,000
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