Goldberg Coins and Collectibles

Sale 60

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Lot 2747

1859-D $1 Gold Indian. NGC graded MS-63. Fully brilliant and untoned. 4,952 struck. A die line across the forehead. Gold Dollar specialists react positively whenever a Dahlonega gold coin comes up for sale since this issue represent a dream come true. Graded MS63, few others have achieved this distinction under the auspices of the NGC experts. And only 10 finer (per the appended population figures). Both obverse and reverse are smoothly lustrous, not always the case with 1859-D, often a problematic date, but strikingly in evidence here. The devices have some lightness on the ostrich plume tops and in the central areas of the hair on the obverse, also at the wreath bow and center of the date on the reverse (the OL in DOLLAR and the 5 look like little blobs), but this seems to be standard fare for all authenticated specimens. Bearing that in mind, we mention them but do so without censure. The reverse shows typical horizontal die striae or finish marks inside the wreath. These may have been from relapping to remove traces of die clash, although some faint clash marks are still seen.

Once it is realized that just 4,952 were struck, the 1859-D Gold Dollar is cast in its true light. None were numismatically saved at the time. Therefore, survival of high-grade pieces is left to chance. For the 1859-D, "high grade" usually implies anything from About Uncirculated to Mint State. The present MS63 sits near the top of the chart. We feel certain that the new owner will take great pleasure in owning the present piece. Pop 8; 5 finer, 4 in 64, 1 in 65 (PCGS # 7553) .
Estimated Value $14,000 - 15,000.


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