1863 G$1 MS(PCGS#7562)

The Regency Auction 39

拍卖行

Legend Rare Coin Auctions

批号

52

等级

MS64

价格

63,714

详细说明

FROM THE BIGMO CIVIL WAR COLLECTION A lovely, lustrous example of this rare date gold dollar. Brilliant and bright yellow-gold luster sets the surfaces aglow with a strong radiance. Sharply struck, both sides show a number of thin scratches which limit the assigned grade, but fortunately they have minimal overall impact on the eye appeal. Only 6,200 gold dollars were struck in 1863, making this a VERY RARE date in all grades. Indeed it is the rarest Philadelphia mint gold dollar of the decade. It is interesting to note that this date is missing from the National Numismatic Collection at the Smithsonian Institute (the collection only includes a Proof striking). PCGS CoinFacts estimates a total of 85 estimated survivors, of which only eight or so grade in GEM or finer, including the monster MS68 from the Virgil Brand, David Akers, and and Duckor Family Collections. Looking to replace the many thousands of casualties from the battles at Chancellorsville and Gettysburg, the Federal government instituted a draft. Those who had the means could, for $300, buy their way out of military service. At the same time, shortages of bread and other staple food supplies took grip in cities like New York and Boston. The Draft Riots raged in mid-July 1863 claiming many lives in New York City. PCGS 6, NGC 8. The last one to sell realized $10,575 in October 2014 and before that one sold in July 2013 for $11,163. The current Collectors Universe value is $13,500. Note that NO MS65 has sold since 1997. Indeed, the only PCGS-graded Mint State example that has sold since the Virgil Brand MS68 in 2015 was a PCGS MS61 without CAC that brought $7,200. This pleasing MS64 will surely see fierce bidding. Cert. Number 39221999 PCGS # 7562