Lot 1675
1854 $1 Gold Indian. NGC graded MS-63. Well struck, light clash marks as made and light golden mint color. A beautifully preserved gold dollar. The wreath of corn, cotton, maple, and tobacco that designer James B. Longacre would in due course immortalize on the flying eagle cent also made the move from the three dollar gold piece to the new gold dollar in 1854-55. Once the Treasury Department agreed to the new design, coinage began on August 19, 1854. Within no time the Mint laid bare the new design's shortcoming: The relief of the obverse head was too high and Longacre had situated it against the highest points of the reverse. 783,943 coins minted.
Estimated Value $7,500 - 8,000.
The Greenhill Collection.
|
| |
| Realized $8,338 |
