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CSNS Signature US Coin Sale 1254  26-28 Apr 2017
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Lot 4098

Estimate: 1 USD
Price realized: 36 000 USD
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Gobrecht Dollars
1839 P$1 Name Omitted, Judd-104 Restrike, Pollock-116, R.3, PR64 NGC. Silver. Reeded Edge. Die Alignment IV (medal turn, the head Liberty is opposite the F in OF). Late State. An enormous amount of research has been done on Gobrecht dollars since we published what we thought was the definitive reference on the subject in 2009. Noted researchers John Dannreuther, Craig Sholley, and Saul Teichman have broken down Originals and Restrikes, and even noted early, middle, and late restriking periods. This particular coin was struck in the 1873-1874 time period, when Henry Linderman returned to the Mint as Superintendent. These are the final Gobrecht dollars struck. This particular late state is notable by the heavy die polishing in the fields that left parallel die striations, most readily seen on the reverse. The polishing of the die was so heavily done it resulted in a slightly "dished" appearance, especially on the date and UNI ONE DOLLAR. The result, of course, are coins that are deeply reflective (some have even been designated Cameo).
This is a completely brilliant Gobrecht dollar. This is unusual, as we noted in the write-up for the 1838, as many Gobrechts are deeply toned. Early strikes, especially those struck in 1836 are not only often found deeply toned, but they also are barely prooflike, in contrast to their historically held status as proof strikes. Only an estimated 120 or so 1839 Gobrecht dollars are known. This deeply mirrored 1839 will be a stunning representative of this very elusive date in the series.
From The Siegel Collection.

HID02901242017
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