1882: 1861-D G$1 MS65 NGC.
| Start Price |
USD 120,000.00 |
| Current Price |
USD 115,000.00 |
| Time Left |
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| Bid Count |
1 |
| Buy It Now Price |
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| Reserve Price |
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| Start Time |
Thursday, July 31, 2008 |
| End Time |
Friday, August 01, 2008 |
| Location |
Baltimore, MD |
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See more about '1882: 1861-D G$1 MS65 NGC.'
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Description
click for larger image1882: 1861-D G$1 MS65 NGC. 1861-D G$1 MS65 NGC. Ex: Duke's Creek. Variety 12-Q. The only dies for the year and the final Dahlonega gold dollar variety. The obverse die is the same as on the 1860-D. On the reverse, the date is small and positioned somewhat to the left. The 1861-D is the rarest and most famous gold dollar from this Southern mint. It is also the single most coveted coin from Dahlonega, as it is the only regular issue that was produced entirely by the Confederacy. After the Mint was seized in April 1861, between 1,000 and 1,500 examples were struck by CSA forces. It is unlikely that more than five to six dozen are known today. Interestingly, more of these exist in high grade than one might expect, and there are probably more than a dozen pieces in Uncirculated. Winter writes in the second edition of Gold Coins of the Dahlonega Mint that "the number of high grade specimens is greater than normal for an issue with this small a mintage, suggesting the existence of a small hoard." It is not at all a stretch of the imagination to suggest that some Confederate officer, or some involved with the production of these fabled coins, kept a handful of souvenirs of what must have been a momentous occasion for those involved: a tangible association in golden metal of the rift that was dividing the fabric of a nation. This issue has a distinct appearance that contributes in part to the charm of the 1861-D gold dollar. It is always found with a weak strike on the obverse, and this example is no exception. The UN in UNITED is weak, but actually more distinct than usual. The IC in AMERICA is also weak but, again more fully defined than on nearly any other example of the 1861-D gold dollar we have seen. There is some weakness on the left side of the denticles, diagnostic for the issue. The remarkable reverse probably has the fullest strike we have seen on an 1861-D. The date and mintmark are full, while DOLLAR is complete except for the O, which shows some softness. There are multiple clash marks present--heaviest near the R in DOLLAR. Clash marks can also be seen along the portrait on the obverse but they are not as strong in this area. Some of the field near the left side of the portrait is semireflective, likely a result of mint personnel attempting to remove the clash marks. The surfaces of this coin are quite clean and suggest that it has been carefully preserved since it was produced almost 150 years ago. There is one tiny, shallow tick in the left obverse field and another shallow, unobtrusive mark on Liberty's cheek. These serve as excellent identifiers for future pedigree information. The luster that this piece shows is exceptional. It seems to "drip" off the surfaces and is far above-average for a date that, surprisingly, can be found with good luster. Rich orange-gold color graces the obverse, with some hazel highlights in the center and toward the edge; the reverse is slightly lighter, deepening to an olive hue at the border. In sum, an incredible and undeniably important Dahlonega gold dollar that will instantly improve the standing of any collection of branch mint gold issues. This is the plate coin in the first edition of Winter's Gold Coins of the Dahlonega Mint, 1838-1861.Ex: Dr. Philip Weinstein; Tony Terranova; Stack's; Leon Farmer Collection; Hancock and Harwell; The Jeffrey Fisher-Duke's Creek Collection of Dahlonega Gold (Heritage, 6/2006), lot 1493; The Madison Collection (Heritage, 1/2008 ), lot 3050, which realized $149,500.Coin Engraver: James B. LongacreShipping: Coins & Currency (view shipping information)Important notice: Heritage usually auctions material at the rate of 200-250 lots per hour. On some occasions eBay Live bid software or the Internet may not be able to keep up with the pace of the auction. We recommend placing a realistic absentee bid now as insurance to avoid disappointment. Occasionally the auctioneer may eliminate or reject an eBay Live bid, and the auctioneer may also reopen a lot after the close of the eBay live bidding (usually because we missed an audience bid), and may reject your bid even if it shows you as the winning bidder. By bidding via eBay Live, you agree that Heritage may award the lot to another bidder at its sole discretion under the circumstances described above or any other reasonable circumstances. Since eBay bids are not shown to us until we open the lot on the floor, we treat those bids just like floor bids. In most cases the floor responds before the eBay bid is presented to us, due to Internet lag time, so for consistency we have made it a policy that floor bids are always considered first over tie eBay live bids. 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If you choose to place an absentee bid, please take a moment to learn how eBay Live absentee bidding works Auction House Info Heritage Auctions 3500 Maple Avenue 17th Floor Dallas, Texas 75219-3941, United States Tel: 214-528-3500 Fax: 214-443-8425 EMail: EbayLive@HeritageAuctions.com CLICK TO Ask a Question ABOUT THE LOT OR AUCTION FOR TECHNICAL SUPPORT CONTACT EBAY LIVE AUCTIONS Terms & Conditions Please view our complete Terms & Conditions at the following web address: http://www.heritageauctions.com/common/images/TermsAndConditions.pdf Auction House Heritage Auction Galleries3500 Maple Avenue17th FloorDallas, TX United States 75219800.872.6467Terms & Conditionshttp://ha.com/common/auction/terms_and_conditions.phpShippingBuyer Pays Shipping CostBuyer's PremiumUSD 0 - USD 999 20 %USD 1000 + 20 %PaymentContact For Payment DetailsTaxesLocal Taxes ApplyContractYour bid is a contract.Place a bid only if you're serious about buying the item. 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