SOLD – $1.00 – 1860 PCGS MS65 CAC

1860_1_P65_CAC.jpg
1860_1_P65_CAC.jpg
sold out

SOLD – $1.00 – 1860 PCGS MS65 CAC

8,500.00

Serial Number 26591829

PCGS Lookup Number 7555

Add To Cart

For some reason, all 1860-P gold coinage is much rarer in high grades than one would assume given the original mintages figures. There were 36,514 business strike gold dollars produced at the Philadelphia mint in 1860 and this date is easily located in circulated grades and not really that scarce in MS60 to MS63. Gems, on the other hand, are very rare. I know of three or four properly graded MS65 pieces and the finest known is a PCGS MS67, ex Heritage 3/04: 6065, that sold for $29,900 and which would bring considerably more today.

This frosty, original Gem shows a good overall strike and has pleasing rose undertones below a layer of natural orange-gold color. There is some slight roughness in the planchet in front of the U in UNITED which is mint-made and a tiny lintmark that dangles off the bottom of the first S in STATES.

The last MS65 1860 gold dollar to sell at auction was Heritage 9/05: 4260, graded by PCGS, that sold for $6,900. Only three MS65 coins, all graded by PCGS, have traded since 2000.

This is the only 1860 gold dollar in MS65 that has CAC approval; one finer (an MS67) has been approved as well.