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Lot 3183

Image Information

Type Coin
Title Lot 3183
Date 1859
Side obverse
Grade 58
Service NGC
Service Catalog # 7554
Denomination G$1
Mint Mark S
Description 1859-S G$1 AU58 NGC. CAC. Ex: "Col." E.H.R. Green. With a mintage of only 15,000 coins, it is not surprising that the 1859-S gold dollar is a major rarity in Mint State condition, and elusive in the finer AU grades. Gold circulated extensively in pre-Civil War California, and almost the entire gold dollar mintage of 1859 was dispersed into local commerce. Still, this date is not valued nearly as high as are the Southern branch mint issues of the period, despite being relatively similar in high-grade rarity. This near-Mint representative is sharply detailed with soft green-gold color. Hints of luster remain in the border recesses, complementing attractively clean surfaces. Census: 38 in 58, 15 finer (8/14). Ex: "Colonel" E.H.R. Green; Green Estate; Partnership of Eric P. Newman / B.G. Johnson d.b.a. St. Louis Stamp & Coin Co.; Eric P. Newman @ $35.00; Eric P. Newman Numismatic Education Society. Realized $1762.50. Description courtesy of Heritage Auctions.

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