SOLD – $1.00 – 1857-C NGC MS62

1857C_1_N62.jpg
1857C_1_N62.jpg
sold out

SOLD – $1.00 – 1857-C NGC MS62

19,500.00

Serial Number 3660429-007

PCGS Lookup Number 7545

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In Uncirculated, the 1857-C is one of the two rarest collectible Charlotte gold dollars along with the 1855-C. There are an estimated four to six 1857-C gold dollars in Uncirculated with the finest being a pair in MS62.

This fresh to the market coin is amazing from an appearance standpoint, especially if you are familar with the peculiarities which this date shows. It is the only 1857-C dollar I have seen with a decent amount of luster and there are areas where some semi-prooflike (!) texture remains; something I’ve never seen on an example of this date. There are rough patches below TAT in STATES and AME in AMERICA that are found on the obverse of all 1857-C dollars and the reverse has some roughness at the 18 in the date and to the right of the 1 in the value. The color is pleasing medium honey-gold with some deeper hues seen at the central reverse. On the portions which are not weakened by planche/die irregularities, the detail is exceptional with nearly full strands seen on the hair and bold, partially squared edges.

The only MS62 1857-C dollar to ever sell at auction was Goldberg 9/99: 1610 (slabbed by NGC) which brought $11,500. The best example that I’d seen or owned owned prior to this coin was Heritage 2/08: 2335, graded MS61 by PCGS, which I paid $12,650 for and sold to a Northwest collector.

To really appreciate this coin, you need a certain level of familiarlty with the issue. Go online, take a look at a few of the other higher grade 1857-C dollars which have been offered in recent years and see what I mean. This is a “beast” of an 1857-C and it is very likely the finest known.