1836 $1 J-60 Original, Medal Alignment PR (PCGS#11226)
November 2017 Baltimore U.S. Coins Auction
- 拍卖行
- Stack's Bowers
- 批号
- 10086
- 等级
- PR58
- 价格
- 111,379
- 详细说明
- 1836 Judd-60 Original Gobrecht Dollar
Die Alignment IV
1836 Gobrecht Silver Dollar. Name on Base. Judd-60 Original, Pollock-65. Rarity-1. Dannreuther Reverse Die State g. Silver. Plain Edge. Die Alignment IV. Proof-58 (PCGS). CAC.
This is a charming example of the rare Gobrecht dollar series, a survivor from the original mintage of 1,000 Name on Base examples struck in December 1836. Lightly toned in iridescent golden-gray, both sides are fully struck with much of the original satin to semi-reflective finish evident as the coin rotates under a light. Handling marks are few and far between, and the in hand appearance is uncommonly smooth for the assigned grade. Ideal for advanced type purposes, this lovely Proof will also appeal to specialists in this challenging and enigmatic type.
Recent authors have generally recognized four different die alignments for Gobrecht dollars, designated as I (coin turn, eagle flying upwards), II (medal turn, eagle flying upwards), III (coin turn, eagle flying level with respect to obverse), and IV (medal turn, eagle flying level with respect to obverse). When Walter Breen wrote his Complete Encyclopediain 1988, he considered Die Alignment I examples of the Judd-60 Name on Base issue to be originals from 1836 and Die Alignment II pieces from a mintage of 600 pieces delivered in March of 1837. He regarded Die Alignment III and IV pieces as restrikes. This early view was challenged by the early 1990s, when it was found that many Die Alignment IV pieces evinced signs of circulation, suggesting that they had been made for that purpose rather than to accommodate coin collectors. Modern research by Craig Sholley, John Dannreuther, and Saul Teichman, based on an exhaustive examination of die state evidence, reported that the die alignment sequence of Judd-60 Gobrecht dollars is actually I-IV-II-IV-I-IV. All examples in these alignments are originals attributed to the December 1836 issue; the 600 coins struck in Match 1837 represent a test striking, and all were subsequently melted. Die alignment III pieces are still regarded as restrikes coined decades later than 1836. Pollock in his United States Patterns and Related Issuesconsidered Die Alignment II and III pieces as the scarcest alignment varieties, followed by IV. He regarded Die Alignment I pieces to be the most readily available.
PCGS# 11226. NGC ID: 27YF.
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