1862 G$1 MS(PCGS#7560)

August 2020 U.S. Coins Auction

拍卖行

Stack's Bowers

批号

1247

等级

MS67

价格

70,860

详细说明

Premium Superb Gem Uncirculated 1862 Gold Dollar 1862 Gold Dollar. MS-67 (NGC). CAC. OH. Extraordinary condition rarity for this otherwise plentiful and readily obtainable Civil War era gold issue from the Philadelphia Mint. Highly lustrous with a satin to softly frosted finish, the surfaces are further adorned with vivid patina. Rich golden-orange color blankets both sides and appears to deepen just a bit at the borders when viewed with the aid of a strong light source. Fully struck throughout and bordering on pristine, even the most discerning numismatist will be pleased with this delightful Superb Gem. The Philadelphia Mint struck 1,361,355 gold dollars for circulation in 1862, the highest total for the denomination after 1856. This is the first issue in its series in which the coins did not see active commercial use at the time of striking, however, but were kept by the Treasury Department and not paid out at face value. Interested parties could still obtain these coins, but only upon application and by paying a steep premium in Legal Tender notes or other federal paper money. The imbalance between the value of gold coins and paper money continued until December 17, 1878, during which time such coins were not seen in commerce in the East and Midwest. The 1862 is one of the most popular type issues in the later gold dollar series. Most are in lower grades through MS-65, however, and as a premium quality Superb Gem the present example is a noteworthy condition rarity. NGC Census: 8; 1 finer in this category (MS-68). CAC Population: 10; 0. PCGS# 7560. NGC ID: 25CW. Click here for certification details from NGC.