1
243
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Session Four - Tuesday, June 3, 2014 6:00 PM
Enlargement
1661
1857-S
.
NGC graded VF-35
. Only 10,000 minted. Nice
golden toning. Type 3 design, in use from 1854 to 1856. San
Francisco Mint, when it opened, concentrated on the larger
denominations, primarily the $10 and $20. It did, however,
strike Gold Type 1 Dollars in 1854 and again beginning regular
production during 1856 to 1860, but always in very small num-
bers, usually between 10,000 and 15,000 pieces per year. All
are scarce, including this desirable 1857-S Type 3. (
PCGS #
7547
)
Estimated Value ................................................... $400 - 425
Enlargement
1662
1859
.
PCGS graded MS-65 PQ.
CAC Approved
. Lovely light
golden toning on the obverse. A thrilling example of this always-
popular early Type 3 issue. This exceptional 1859 Gold Dollar is
delicately toned and very adequately struck, including all feath-
ers in the ornamental headdress Liberty wears, presenting to
the viewer an Native American or Indian visage. According to
our close examination, this piece also shows extra bold detail on
all reverse relief portions.
Pop 17; 12 finer
. (
PCGS # 7551
)
Estimated Value ..............................................$1,900 - 2,000
M
INT
S
TATE
1859-C $1 G
OLD
I
NDIAN
Enlargement
1663
1859-C
.
NGC graded MS-61
. Untoned and struck on a
faulty planchet. Only 5,235 minted. Bright reddish gold sur-
faces with considerable remaining luster. Slight surface
roughness interfering with the rim dentils, as struck. Low
mintage of Charlotte Gold Dollar. Douglas Winter described
this issue as a "sleeper" among Charlotte Mint gold dollars.
The 1859-C is the swan song of the Charlotte Mint issuance
of this denomination.
Planchets were produced at the Charlotte Mint by casting
gold into ingots, then running the ingots through a rolling
mill, reducing the spacing between the rollers several times
until the acquired thickness was obtained. It would be
interesting to study a number of Charlotte Mint gold dollars
to see if any of the planchet irregularities are repetitive;
that is, if they are found in the same pattern on more than
one coin. If so, this would indicate rust or problems on the
steel rollers. Otherwise, the problems were probably mainly
due to annealing and lamination.
Pop 8; 10 finer in 62
.
(
PCGS # 7552
)
Estimated Value ........................................ $7,500 - 8,000
Enlargement
1664
1859-D. PCGS graded Genuine, Bent - VF Details
. Evenly
worn. Only 4,952 struck. (
PCGS # 7553
)
Estimated Value ................................................... $500 - 550
Enlargement
1665
1860-S
.
PCGS graded MS-62
. Only 13,000 minted. Light hint
of golden tone. An very nice array of pleasing golden hues
grace the frosty surface of this select Gold Dollar from the San
Francisco Mint. This mint’s production was equal to the Philadel-
phia Mint’s, better than those of New Orleans and especially
Charlotte and Dahlonega. Clear bold strike on Liberty and the
wreath. The date digits in 1860-63 are from a small letter
punch, while the S mintmark is large by comparison on this
scarce issue.
Pop 12; 11 finer, 6 in 63, 4 in 64, 1 in 65
.
(
PCGS # 7557
)
Estimated Value ..............................................$3,200 - 3,300
Enlargement
1666
1860-S
.
NGC graded AU-58
. Mostly untoned. Only 13,000
struck. Desirable San Francisco Mint issue featuring the large
Indian head design (Type 3). Housed in an Old Style Holder.
Pop 53; 39 finer at NGC.
(
PCGS # 7557
)
Estimated Value ................................................... $900 - 950
