Heritage World Coin Auctions
FUN Signature US Coin Sale 1251 4-6 & 8-9 Jan 2017
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Territorial Gold
1849 $1 Pacific Company Gold Dollar, Silver, MS62 PCGS. K-1, R.8. Little is known about the Pacific Company. The Guide Book states "all data regarding the firm are based on conjecture." The 1981 edition of Don Kagin's standard reference lists the Pacific Company gold dollar in silver on page 349. The denomination is unlisted in gold in that reference, but today three such pieces are known, including an MS61 NGC example that appeared as lot 5432 in our 2014 Central States Signature and realized $305,500. The present silver example is struck from the same die pair as that lot, with the same obverse radial die cracks through the OM in COMPANY and the L in CALIFORNIA, and the same reverse radial die cracks through the D and R in DOLLAR. The gold dollar denomination is extremely rare, either in gold or silver. Our online auction archives, which date to 1993, show only the aforementioned appearance in gold, with none other in any alloy. None were in the Garrett Collection; the Clifford sale (1982) had examples of K-1b and K-1c, each said to be unique. Listed on page 397 of the 2017 Guide Book.
Ex: Stack's private sale, 10/1971; John J. Ford, Jr. Collection, Part XXIV (Stack's-Bowers, 9/2013), lot 10100, which realized $70,500.
Selections From The Collection of Dr. Donald Knaack.
1849 $1 Pacific Company Gold Dollar, Silver, MS62 PCGS. K-1, R.8. Little is known about the Pacific Company. The Guide Book states "all data regarding the firm are based on conjecture." The 1981 edition of Don Kagin's standard reference lists the Pacific Company gold dollar in silver on page 349. The denomination is unlisted in gold in that reference, but today three such pieces are known, including an MS61 NGC example that appeared as lot 5432 in our 2014 Central States Signature and realized $305,500. The present silver example is struck from the same die pair as that lot, with the same obverse radial die cracks through the OM in COMPANY and the L in CALIFORNIA, and the same reverse radial die cracks through the D and R in DOLLAR. The gold dollar denomination is extremely rare, either in gold or silver. Our online auction archives, which date to 1993, show only the aforementioned appearance in gold, with none other in any alloy. None were in the Garrett Collection; the Clifford sale (1982) had examples of K-1b and K-1c, each said to be unique. Listed on page 397 of the 2017 Guide Book.
Ex: Stack's private sale, 10/1971; John J. Ford, Jr. Collection, Part XXIV (Stack's-Bowers, 9/2013), lot 10100, which realized $70,500.
Selections From The Collection of Dr. Donald Knaack.