1857-C G$1 MS(PCGS#7545)

The Summer 2022 Global Showcase Auction U.S. Coins

Auctioneer

Stack's Bowers

Lot Number

9252

Grade

MS61

Price

7,200

Lot Description

1857-C Gold Dollar. Winter-1, the only known dies. MS-61 (NGC). Boldly defined throughout, uncommonly so for the issuing mint, this rare Mint State example also offers bright straw-gold patina on both sides. Some typical central striking softness and a somewhat glossy texture are noted for accuracy. The 1857-C is the first of only two Type III gold dollars from the Charlotte Mint. Despite a limited mintage of 13,280 pieces and a high rate of attrition suffered through circulation, this is the one of the most frequently encountered C-mint gold dollars of any type in today's market. On the other hand, the vast majority of survivors are well worn, and in grades above EF the 1857-C is the actually third rarest Charlotte Mint gold dollar after the legendary 1849-C Open Wreath and the highly regarded 1855-C. Mint State examples are rarely encountered. A true find for the advanced Southern gold specialist. Provenance: From the Augustana Collection. NGC Census: 7; 7 finer (MS-62 finest). PCGS# 7545. NGC ID: 25CE. To view all items from the Augustana Collection, click here. Click here for certification details from NGC.