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Heritage World Coin Auctions
Long Beach Signature US Coin Sale 1256  8-9 Jun 2017
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Lot 3797

Starting price: 1 USD
Price realized: 12 000 USD
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Gold Dollars
1858-S G$1 MS63 PCGS. From a mintage of 10,000 pieces, the 1858-S gold dollar is a major rarity in Mint State grades, and the issue is definitely underrated when compared to the more popular emissions from the Charlotte and Dahlonega Mints. Few examples were saved by contemporary collectors, as collecting branch mint issues was not popular before Augustus Heaton published his landmark treatise on mintmarks in 1893. The typical survivor grades no better than VF-XF and probably no more than 12-18 examples are extant in Mint State grades.
The present coin is an attractive Select specimen, with sharply detailed design elements and pleasing orange-gold surfaces that show only scattered, minor signs of contact. Satiny mint luster is present throughout, but slightly dimmed on the obverse. Population: 2 in 63, 2 finer (4/17).

HID02901242017
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