September 15, 2003, Pre-Long Beach Sale - Coins, Sale 21

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Gold Dollars

 
Lot 1036        1849 $1 Gold Liberty. PCGS graded MS-64 Premium Quality. This is the first type struck for the year making up the first 1000 or so coins struck. A well struck gem with intense satiny mint luster throughout. A decidedly rare coin and of superior quality for the given grade (Photo).
Estimate $2,500-3,000.
 
Lot 1037        1849 $1 Gold Liberty. Open wreath. PCGS graded MS-64. Delightful, golden-yellow surfaces, bright with luster and fully consistent with the assigned grade. Small Head, with Longacre's initial "L" on truncation (albeit weak), clear doubling of the 1 of the date. First year of the new, gold dollar denomination, prompted in part because of the California Gold Rush.

Once a scarce commodity, gold became quite "common" in 1848, after huge quantities were discovered in California. The country needed coins, and something had to be done with all that gold, so why not try out two new denominations: the gold dollar the Mint had experimented with a few times and the $20 double eagle -- the lowest and the highest denominations of circulating U.S. gold coins (Photo).
Estimate $1,900-2,200.
 
Lot 1038        1849 $1 Gold Liberty. Open wreath. NGC graded MS-64. Well struck, bright and frosty (Photo).
Estimate $1,900-2,100.
 
Lot 1039        1849 $1 Gold Liberty. Open wreath. NGC graded MS-63. Nice frosty example. Pop 50 with 37 finer, the best being MS-66 (Photo).
Estimate $1,200-1,400.
 
Lot 1040        1849 $1 Gold Liberty. No L. NGC graded MS-63. Well struck with semi reflective surfaces and lovely golden-orange toning (Photo).
Estimate $1,200-1,400.
 
Lot 1041        1850 $1 Gold Liberty. NGC graded MS-61. Nice yellow orange toning.
Estimate $200-225.
 
Lot 1042        1851 $1 Gold Liberty. EF-45. Lot of 2 coins.
Estimate $280-300.
 
Lot 1043        1852-O $1 Gold Liberty. MS-60. A little flat on the upper curls, nevertheless, nice and lustrous (Photo).
Estimate $800-900.
 
Lot 1044        1853 $1 Gold Liberty. NGC graded MS-64. Well struck and fresh (Photo).
Estimate $1,200-1,300.
 
Lot 1045        1854 $1 Gold Liberty. AU-58 (Photo).
Estimate $170-190.
 
Lot 1046        1854 $1 Gold Liberty. EF-45.
Estimate $140-160.
 
Lot 1047        1854-D $1 Gold Liberty. PCGS graded AU-55. Very well struck with lovely golden toning. This wonderful Dahlonega gold dollar is free from the impairments that seem to plague so many others. This issue has the lowest mintage of any Type 1 gold dollar and is lacking from most collections.Only 2,935 were minted and only a handful could match up with this splendid specimen. Pop 12 with 14 graded higher, best being MS-62 (Photo).
Estimate $7,000-7,500.
 
Lot 1048        1854 $1 Gold Indian. SEGS graded MS-62. A pleasing frosty example with the slightest amount of friction noted on Liberty's forehead (Photo).
Estimate $2,000-2,500.
 
Lot 1049        1854 $1 Gold Indian. PCGS graded AU-53. A lustrious example with lovely gold toning (Photo).
Estimate $450-550.
 
Lot 1050        1855 $1 Gold Indian. PCGS graded AU-55. Nice for the grade (Photo).
Estimate $450-500.
 
Lot 1051        1855 $1 Gold Indian. EF-45. Some friction on only the highest points and a scattered mark or two (Photo).
Estimate $300-350.
 
Lot 1052        1856-D $1 Gold Indian. Sharpness of About Uncirculated. Well struck for this often seen poorly executed issue. Cleaned long ago and a possible repair on the rim. A very rare date as only 1460 were made (Photo).
Estimate $4,500-5,000.
 
Lot 1053        1857 $1 Gold Indian. Lot of 3 coins. Very Fine to Extremely Fine.

Ex: Superior Galleries, Munoz Collection June, 1979 Lot 740..
Estimate $300-325.
 
Lot 1054        1857-C $1 Gold Indian. NGC graded AU-58. A much better than average example as this date is always encountered unevenly struck on defective planchets. The surfaces on this example still exhibit plenty of mint luster. Pop 23 with 8 higher, best being MS-62 (Photo)

Ex: Bass Collection.
Estimate $4,000-5,000.
 
Lot 1055        1857-C $1 Gold Indian. PCGS graded EF-45. A better than normal strike, as all known specimens were unevenly struck on defective planchets, and the clean surfaces easily justify this high grade. Rare and always in demand (Photo).
Estimate $1,200-1,600.
 
Lot 1056        1857-D $1 Gold Indian. PCGS graded MS-61. A nice bold strike for this notoriously poorly executed issue. The surfaces are lustrous and golden-orange in color with some light scattered marks appear on both side. Overall, quite choice example. Only 3533 were made. Pop 4 with 6 higher, all MS-62 (Photo).
Estimate $7,500-8,500.
 
Lot 1057        1859 $1 Gold Indian. PCGS graded Proof 65 Deep Cameo. A glittering jewel, blazing with fiery brilliance. Like a fine cameo, this piece shows sharp definition between the frosty devices and the highly polished fields. Extremely rare, one of an estimated 80 Proofs made this year, and certainly one of the finest Proof 1859 Gold Dollars known to exist. In point of fact, this is the only Deep Cameo 1859 Gold Dollar graded by PCGS. None have been graded finer in any grade by them, effectively making this one of the finest 1859 Proof Gold Dollars in existence (Photo).
Estimate $12,000-17,000.
 
Lot 1058        1862 $1 Gold Indian. PCGS graded MS-62 (Photo).
Estimate $250-300.
 
Lot 1059        1867 $1 Gold Indian. NGC graded AU-58. Some light marks on the obverse. Semi reflective surfaces. Only 5200 struck for circulation. Pop 13 with 57 higher (Photo).
Estimate $500-600.
 
Lot 1060        1873 $1 Gold Indian. Open 3. SEGS graded MS-63. Lightly toned (Photo).
Estimate $300-350.
 
Lot 1061        1874 $1 Gold Indian. PCGS graded MS-63. Lightly toned (Photo).
Estimate $550-600.
 
Lot 1062        1875 $1 Gold Indian. PCGS graded MS-64 P.Q. An important, key date issue in the gold dollar series. This one has glittering prooflike surfaces, toned to a bright orange-yellow color. The small spike extending downward from Liberty's jaw confirms that this is a business strike and not a Proof. Well struck and visually appealing. Extremely rare; one of only 400 circulation strikes for this year (plus 20 Proofs). PCGS reports 11 coins at this level, with only 9 finer (Photo).
Estimate $9,000-10,000.
 
Lot 1063        1875 $1 Gold Indian. NGC graded MS-62 PQ. A well struck, fully prooflike specimen in yellow color gold with considerable cameo contrast. Some very minor surface imperfections are visible only under strong magnification and most of these were probably present when minted. Production of gold dollars in 1875 was limited to just 400 business strikes plus 20 in proof. This classic American issue is the rarest Philadelphia mint gold dollar.Pop 5 with 9 graded higher (Photo).
Estimate $6,500-7,500.
 
Lot 1064        1877 $1 Gold Indian. NGC graded AU-58. Semi prooflike surfaces with nice orange and golden toning. Only 3900 struck for circulation. Pop 16 in this grade by NGC (Photo).
Estimate $350-400.
 
Lot 1065        1881 $1 Gold Indian. PCGS graded MS-62. Orange toning with semi reflective surfaces. A total of 7,620 pieces struck for circulation (Photo).
Estimate $500-600.
 
Lot 1066        1885 $1 Gold Indian. PCGS graded MS-65. A well struck little gem with lovely golden toning. Pop 60 in MS-65, 25 in MS-66, 7 in MS-67 with none higher (Photo).
Estimate $1,200-1,400.
 
Lot 1067        1886 $1 Gold Indian. PCGS graded MS-63. Well struck and lustrous (Photo).
Estimate $550-600.