Lot 617
1851-C PCGS GRADED MS-65. PCGS graded MS-65 Elrod. The surfaces are outstanding on this scarce gold dollar, nary a mark to be found anywhere, even when examined with a 10X glass. Color ranges from bright yellow gold with a bit of olive irridescence. Furthermore, the strike is outstanding, full and complete throughout, and certain to excite the gold dollar specialist for its radiant purity in composition and preservation. Even with a mintage of 41,267, this date is still scarce, certainly a great rarity in gem condition. NGC has only graded 3 coins this high, with none graded higher, PCGS similarly has only graded 4 in MS-65, with 2 coins graded higher (both MS-66). Assuming virtually all high end coins have been graded (at least once!) it is thus extremely probable that this is one of the top half-dozen known of the date. It is further enhanced by the Elrod pedigree, which is noted on the PCGS holder.
In addition, the total number of uncirculated 1851-C gold dollars is certainly less than 100, with the vast majority in the lower grades of mint state. Keep that in mind when formulating a bid for this magnificent gem specimen, for once it crosses the block, it may be some time before its equal is seen again.
This particular coin is identifiable by a very faint tick mark on the lower right base of the 1 in the denomination, which continues as an almost invisible scratch through the center of the A in DOLLAR to the wreath just above the first berry on the inside right branch. The reverse die is lightly clashed, and there is a die crack through the tops of F AM in OF AMERICA. Currently in PCGS holder #5781535.
Estimated Value $20,000-UP.
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| Realized $17,825 |
