AFFORDABLE UNCIRCULATED 1851-C GOLD DOLLAR

Variety 1.

The 1851-C gold dollar is the most available coin of any denomination made at the Charlotte mint. It is the only gold dollar from this facility which can be sometimes located in the lower Uncirculated grades. This issue becomes scarce in MS62 and in MS63 and higher, it is rare (and probably an overbuy for most collectors).

This is a totally "new" coin which lacks the obvious wear on the relief details seen on so many slabbed MS61 branch mint gold coins. It is well struck and lustrous with nice natural green and yellow-gold color. A few minor ticks in the fields narrowly remove this coin from an otherwise-plausible MS62 grade.

The last MS61 1851-C gold dollar graded MS61 to sell at auction was this coin (see below) which realized $3,525.

With decent AU examples of this date now trading in excess of $2,000 a properly graded MS61 at less than 2x this price seems like good value to me.

Ex Heritage 9/16: 13249 (as NGC MS61) where it sold for $3,525.