Lot 870
1859-C $1 Gold Indian. PCGS graded MS-62. Only 5,235 minted. Well struck for this date, the centers show soft hair definition while the rim denticles are partially gone on the lower obverse (as seen in the photographs). Even golden to warm orange toning on both sides with grand eye appeal despite the few faint hairlines. Pop 7; 3 in 63 as best by PCGS. (PCGS # 7552) .
According to detailed research done by Harry Bass and posted on the Bass Foundation website, planchets were produced at the Charlotte Mint by casting gold into ingots, then running the ingots through a rolling mill, reducing the spacing between the rollers several times until the acquired thinness was obtained. Many subsequent planchets made from these strips have defects and metal occlusions of one sort or another.
Estimated Value $15,000 - 18,000.
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| Realized $16,100 |
