Lot 1667
1861. PCGS graded MS-64. CAC Approved. Clashing on both sides as made. An attractive untoned coin that has semi-prooflike surface and comes within shouting distance of MS65 gem quality. When the Civil War started in April of 1861, panic gripped the populace on both sides of the conflict. Almost immediately, gold coins began to be hoarded. By the end of the year, silver coins, too, were taken off the market, causing untold inconvenience for merchants and government suppliers. A fairly substantial number of 1861-dated and 1862 Gold Dollars were saved in fresh Mint condition at the time. And it is from these that collectors now have access to what might otherwise be very rare quality from such early dates. Pop 105; 54 finer at PCGS. (PCGS # 7558) .
Estimated Value $700 - 750.
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| Realized $1,087 |
