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

The March 2012 Baltimore Auction

  • Auctioneer:
    Stack's/Bowers
  • Lot Number:
    4119
  • Grade:
    PR58
  • Price:
    $16,100.00
Lot Description
Reverse eagle flies horizontally in a field of 26 stars, 13 large, 13 small,&nbsp;with pellet before ONE at 7 o'clock, pellet after DOLLAR&nbsp;near 3 o'clock when turned on its <em>vertical </em>axis. Largely brilliant and equally reflective silver-gray with steel and deep gold highlights in the protected areas. One of 600 examples of this eternally popular silver dollar issue reportedly struck from 1836-dated dies in early 1837 for circulation. Choice and appealing, and worthy of inclusion in an early dollar collection.<br /> <br /> <strong>Numismatic Reflections by Q. David Bowers</strong><br /> Time was when all Gobrecht dollars were considered to be patterns. Scholarship in the past half century have changed this view, and we now know that 1,000 pieces struck in 1836 and 600 from the same dies in 1837 were mostly placed into circulation at the time, never mind that they were struck with Proof finish. Accordingly, a type set of regular United States coins necessarily needs an 1836-dated Gobrecht dollar for completion.
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