Lot 4555
1846-D $2.50 Liberty. NGC graded MS-61. Well struck with a mixture of frosty and satiny mint luster. Some scattered light handling marks. All delicately toned. Warm yellow gold color with traces of orange patina. Only about a dozen are known in mint state. Only 19,303 minted. Pop 4; 5 finer, 3 in 62, 1 in 63, 1 in 64 (PCGS # 7742) .
A note regarding the variance in the color of Dahlonega gold coins. It should be understood that the color was more a function of the minting methodology employed at the facility, than of the raw material from which they were produced, according to one researcher. The Dahlonega Mint produced gold coins from a variety of gold sources: naturally-occurring gold (from Georgia, as well as other states) in the early days, foreign gold coins, gold bullion, scrap gold, etc. Counter-intuitively, the Dahlonega Mint even produced coins from gold that was shipped from California gold during 1851-1854! It was brought back by local miners returning from the California gold fields. There is no fool-proof way to know whether or not a particular Dahlonega gold coin was produced from locally mined metal. There is historical evidence, however, as well as modern scientific evidence, that the gold coins produced at Dahlonega had a high silver concentration (when compared with gold coins produced at the parent mint in Philadelphia).
Estimated Value $8,500 - 9,000.
|
| |
| Unsold |
