 
          1
        
        
          245
        
        
          bid online at
        
        
        
          (800) 978-COIN (2646)
        
        
          |
        
        
          Session Four - Tuesday, June 3, 2014 6:00 PM
        
        
          L
        
        
          OVELY
        
        
          G
        
        
          EM
        
        
          P
        
        
          ROOF
        
        
          1884 $1 G
        
        
          OLD
        
        
          I
        
        
          NDIAN
        
        
          Enlargement
        
        
          1671
        
        
          1884
        
        
          .
        
        
          PCGS graded Proof 67 PQ
        
        
          . Wonderful light
        
        
          golden toning on both sides. Only 1,006 minted. A splendid
        
        
          piece with rolling gold toning. "Orange peel" surface as typ-
        
        
          ical on most Proof gold of this era from the way the dies are
        
        
          made. Devices and letters lightly frosted (though the grad-
        
        
          ing holder carries no designation of this). The overall
        
        
          appeal of this 1884 Gold Dollar is outstanding, while the
        
        
          rarity in this grade is unquestioned. Regarding the latter,
        
        
          with a decade-long speculator run on Gold Dollars and (to a
        
        
          lesser extent) $3 Gold pieces, mintage were quite elevated
        
        
          compared to years prior to 1879, the year the interest first
        
        
          took off. Today, the certification provide clear census fig-
        
        
          ures in the various grades. Of course, the top quality levels
        
        
          are lightly populated.
        
        
          Pop 4; none finer at PCGS
        
        
          .
        
        
          (
        
        
          PCGS # 7634
        
        
          )
        
        
          Estimated Value .....................................$17,000 - 18,000
        
        
          1672
        
        
          1888
        
        
          .
        
        
          PCGS graded Genuine, Scratch - UNC Details.
        
        
          A
        
        
          hint of light tone, frosty throughout with light reddish golden
        
        
          color (on U.S. gold coins, the red or pink tint stems from the
        
        
          10% copper alloy which stregthens the coin, permitting longer
        
        
          circulation before the surfaces become abraded). (
        
        
          PCGS #
        
        
          7589
        
        
          )
        
        
          Estimated Value ................................................... $300 - 325
        
        
          $2.50 G
        
        
          OLD
        
        
          $2 . 50 Capped Bus t
        
        
          1673
        
        
          1798. Close Date PCGS graded Genuine AU Details
        
        
          .
        
        
          Attractive balanced gold toning both sides. A pleasing looking
        
        
          coin despite its minor cleaning. This variety is twice as rare as
        
        
          the other 1798 issue having 5 berries. This variety and BD-2
        
        
          share something in common that is an exception to the 7+6 or
        
        
          8+5 star arrangement for the obverse of most of this series.
        
        
          Both of these varieties have six stars left of Liberty with seven
        
        
          stars to her right, the only U.S. coins of any denomination with
        
        
          this particular star configuration. This variety is the first to use
        
        
          the new style reverse with “Thick Neck” eagle and 13 stars
        
        
          around the eagle’s head, six vertical stripes in the shield, and
        
        
          the punch by Robert Scot, the chief engraver at the time. This
        
        
          replaced the John Smith Gardner reverse punch that was used
        
        
          for the previous dates and varieties. (
        
        
          PCGS # 97649
        
        
          )
        
        
          Estimated Value ..............................................$4,000 - 5,000
        
        
          P
        
        
          OPULAR
        
        
          1802/1 $2.50 C
        
        
          APPED
        
        
          B
        
        
          UST
        
        
          1674
        
        
          1802, 2 over 1. BD-1, R-4.
        
        
          NGC graded AU-55
        
        
          . Nice
        
        
          even toning on both sides. A few tiny obverse circulation
        
        
          abrasions, none particularly noteworthy. Only 3,035
        
        
          minted. This is a strikingly attractive and original looking
        
        
          About Uncirculated of the strictest standard for this desir-
        
        
          able early gold design. Relatively sharp devices occur on
        
        
          both sides; only the centers are weak, and this is margin-
        
        
          ally so. Problem-free surfaces on the reverse. Some minor
        
        
          disappearance of the dentils along the left obverse and
        
        
          upper reverse is noted. Elsewhere, the dentils are plainly
        
        
          visible. As is most of E PLURIBUS UNUM on the ribbon, with
        
        
          only UN slightly indistinct. No “diagnostic” markers are
        
        
          seen. The coin somehow escaped the damage and other
        
        
          problems that plague many others in this brief series. The
        
        
          design started in 1796 and ended in 1807. All have Liberty
        
        
          wearing a fashionable (for the day) ladies’ mob cap, with
        
        
          her long tresses streaming out from under it. A large curl at
        
        
          her forehead.
        
        
          Modern opinion has switched concerning the 1802 “over-
        
        
          date.” Harry Bass, John Dannreuther, and other researchers
        
        
          realized that the “overdate” status of this die was question-
        
        
          able. The fact that there were no Quarter Eagles dated
        
        
          1799, 1800, or 1801 should lend credence to the overdate
        
        
          status of the 1802, but most now have come to the conclu-
        
        
          sion that whatever is under the 2 is not the vestiges of a 1.
        
        
          This single obverse, however, was paired with three differ-
        
        
          ent reverse dies to create the most varieties of any date in
        
        
          the Draped Bust Stars Quarter Eagle series.
        
        
          (A numismatic curiosity is that the reverse dies for Capped
        
        
          Bust Quarter Eagles were also used for similar-sized Bust
        
        
          Dimes of the same period. The BD1 reverse comes paired
        
        
          with 1802 JR-3 and 1803 JR-2 Dimes!)
        
        
          Pop 8; 47 finer
        
        
          .
        
        
          (
        
        
          PCGS # 7650
        
        
          )
        
        
          Estimated Value .................................... $13,000 - 14,000