1836 $1 J-60, Gobrecht Restrike PR(PCGS#11227)

August 2023 Global Showcase Auction U.S. Coins

拍卖行

Stack's Bowers

批号

5074

等级

PR60

价格

152,916

详细说明

Very Rare 1836 Gobrecht Dollar in Die Alignment III A Cabinet Coin Restrike ca. 1867 to April 1869 1836 Gobrecht Silver Dollar. Name on Base. Judd-60 Restrike, Pollock-65. Rarity-6+. Silver. Plain Edge. Die Alignment III. Proof-60 (PCGS). Korein 35. Liberty's head is opposite the letters NE in ONE. The rare cabinet coin restrike of the fabled 1836 Name on Base Gobrecht dollar, and a flashy Proof striking with a universally reflective finish from the dies. The surfaces are minimally toned with wisps of pale silver, champagne-gold and olive-gray iridescence that yield to brilliance as the coin dips into a light. At indirect viewing angles, however, the toning is bold enough to conceal some of the wispy hairlines that explain the Proof-60 grade from PCGS. Struck expressly for distribution to contemporary collectors, and with no sizeable or otherwise individually mentionable marks, this coin shows no signs of having entered commercial channels. Rather, the assigned grade is the result of numismatic handling in one or more earlier cabinets. With crisp striking detail joining the aforementioned Proof finish and delicate toning, the eye appeal remains strong. DTS Die State C. Far rarer in both historic and modern numismatic circles than their original counterparts from the December 1836 issue, all 1836 Judd-60 Restrike coins date to one of two striking periods: ca. 1862 to 1864, during James Pollock's first term as Mint Director (although attributed to Henry R. Linderman, et al.); or ca. 1867 to April 1869, during Henry R. Linderman's first term as Mint Director. Examples from both striking periods were produced solely for distribution to contemporary collectors, as above, are not part of regular Mint issues, and the number of coins struck was not recorded. In any event the combined mintage of Judd-60 Restrike coins from both striking periods was certainly extremely limited, for the gobrechtdollars.comwebsite estimates that only 12 to 18 specimens can be traced. Since these restrikes were not subject to attrition through commercial use, the number of coins extant is probably equal or very similar to the number struck. All Judd-60 Restrikes were produced using Starry Reverse B (a.k.a. "The Cracked Reverse"), which is not the same die that the Mint used for the Judd-60 Original issue of December 1836. Starry Reverse A (a.k.a. "The Nicked Reverse") was destroyed in 1837, as reported in an article from the November 21, 1840 issue of Niles' Register. The DTS Die State C attribution confirms that the present example dates to the second striking period for this restrike issue - ca. 1867 to April 1869. It was struck after the Judd-58 Name Below Base specimen that we are also offering in this sale (ca. 1859 to 1864), but before the copper and mule cabinet coins that also used Starry Reverse B, as well as the latest die state Judd-58s, on which some details on the reverse have been weakened through die polishing. This is our first offering for a Judd-60 Restrike Gobrecht dollar since 2016. It represents a significant and fleeting bidding opportunity for Proof type collectors as well as advanced Gobrecht dollar specialists. Provenance: From the Julius Korein Collection, sold to benefit the American Numismatic Society. Earlier from Heritage's sale of the Richard Weiss Collection, April 2001 CSNS Signature Sale, lot 6571. PCGS# 11227. NGC ID: BLWV. Click here for certification details from PCGS. Image with the PCGS TrueView logo is obtained from and is subject to a license agreement with Collectors Universe, Inc. and its divisions PCGS and PSA. Click here to see Coins in Motion.[“Coins]