Lot 1250
1859-D. PCGS graded MS-62. Only 4,952 struck. For the collector interested in Dahlonega Mint gold this 1859-D is a lustrous representative, struck late in the Mint’s brief existence (1838-61). It is one of only a handful in Mint State condition. The strike has much greater detail on the ostrich plume tips and the center parts of the hair on the obverse than is usually seen. At the wreath bow and center of the date on the reverse, weakness occurs, this being true of all authentic specimens. The remaining cereal grains comprising the wreath are well formed to sharp.
It seems likely that no one was collecting branch mint gold in this period. Numismatically, none were saved at the time. Survivors exist for other reasons. It is for this reason survival of high-grade pieces is a matter of chance. For the 1859-D, "high grade" nicely describes anything from About Uncirculated 58 to Mint State 61 to 62.
We have been honored to have handled a number of specialized collections of Dahlonega coins over the years, always a pleasure. These pieces are rustic, and their die characteristics provide never-ending fascination. Occasionally we are all truly delighted with one, as with the present piece. Pop 15; 3 finer, 2 in 63, 1 in 64. (PCGS # 7553) .
Estimated Value $10,000 - 11,000.
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