SOLD – $1.00 – 1865 PCGS MS65 CAC, Bass Collection Pedigree

1865_1_P65_bass_cac.jpg
1865_1_P65_bass_cac.jpg
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SOLD – $1.00 – 1865 PCGS MS65 CAC, Bass Collection Pedigree

8,750.00

Serial Number 26591832

PCGS Lookup Number 7564

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A total of 3,720 business strike 1865 gold dollars were coined and this is the second rarest Civil War issue of this denomination, trailing only the 1863. I think that around 150-200 are known in all grades and many are in the EF45 to AU55 range. Gem 1865 gold dollars are extremely scarce but, as with the 1864, there are a small number of exceptional pieces known (although not as many as there are for the 1864). The best I have seen is a PCGS MS68 that is ex Heritage 2008 ANA: 1356, where it brought $34,500.

When I bought this coin for the owner of the Vasquez Rocks collection back in 1999, I graded it MS65+ and I feel that it should be in an MS66 by today’s standards. This coin has absolutely amazing natural color with fiery orange gold borders surrounding lighter centers. Both sides show clashmarks as is common for this issue and there is a min-made depression just to the right of the first L in DOLLAR, which may have been caused by the die clashing.

The last MS65 1865 gold dollar to sell at auction was Heritage 1/04: 6775, graded by PCGS, that realized $6,900.

This is an historic issue with great eye appeal and an impeccable pedigree which makes it an especially desirable example.

Ex: Bowers and Merena 10/99: 159 ($8,050), ex Harry Bass collection, Stack’s 12/78: 48, Harold Bareford collection, Mehl 6/47: 2314, Will Neil collection, Mehl 3/45: 886, William Knapp collection.

CAC has approved one example in MS65 and two finer (MS66 and MS67).