Lot 3659
1860-D $1 Gold Indian. NGC graded MS-61 PQ. Lovely light golden toning considerable mint luster. Nice strike for this year. Usual soft strike UN in United. Wonderful eye appeal. Pop 4; 2 in 62; 2 in 64. Only 1,566 examples of this date were struck. In the past, the rarity of the 1860-D has been glorified by dealers and auction catalogers, but it is somewhat less than that in terms of overall rarity. All the same, in higher grades it is a truly elusive coin, one that trails only the 1855-D, 1861-D, and 1854-D in MS60 and better condition.
Similar to 1856-D, another famous date in the gold dollar series, the 1860-D is often weakest on the UN in UNITED along with the lower dentils. In sharp contrast, there is considerable boldness on the upper part of the obverse. Equally desirable, and also worthy of note, is that the hair has much better definition than on most other 1860-D gold dollars. The date is weak but complete, and only O in DOLLAR shows flat detail. Rim dentils on this side are as weak in areas as those on the obverse. There is a faint old staple scratch through the point of the bust and a few tiny marks hither and yon on the obverse consistent with the coin's age and grade. The reverse has some minor Mint-made roughness in the center with a faint hairline above LA. The luster is slightly steely in texture and has a typical inflexible appearance, as seen on the other Mint State 1860-D gold dollars that are known. Both sides are enveloped in pleasing rich orange-gold color. An impressive coin at this grade level with few that surpass it.
Estimated Value $14,000 - 16,000.
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| Realized $17,825 |
