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1836 P$1 Name on Base, Judd-60 Original, Coin

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1836 P$1 Name on Base, Judd-60 Original, Coin Alignment, Pollock-65, R.1, PR62 PCGS. Silver. Plain Edge. Die Alignment I. Original Issue of 1836 with the eagle flying upward. This piece was produced during the second striking period in December 1836 after the reverse die was inadvertently scratched above the eagle's wing. The die scratch is partially obscured by a series of shallow milling marks in the same area.
In an unpublished manuscript, John Dannreuther addressed the proof status of Gobrecht dollars. In it he says:

"Gobrecht dollars have been called Proofs since they were issued, but recent research has indicated that Originals are not full Proofs, as they are struck once on unburnished planchets. They are circulation strikes and are closest in appearance to ... Morgan dollars. The Restrikes are Proofs and often have evidence of double striking on burnished blanks with the customary watery prooflike surfaces. The heavily polished dies for Gobrecht dollars have obfuscated their circulation strike status; the dies were prepared in the same manner as Proof dies, but the planchets were not burnished, nor were they struck twice."

This piece exemplifies what J.D. was referring to. The coin was obviously well preserved over the past 172 years. The fields show moderate reflectivity but not the type of reflectivity seen on restrikes produced twenty years later. This is an interesting point and one that has not been commented upon to our knowledge in the past. Another reason for further study of this complex series.
Otherwise, the surfaces are deeply toned in shades of deep gray and blue with occasional dashes of red. The devices are sharply defined in general with full hair detail on the figure of Liberty. A few obvious contact marks are seen on each side, enough to provide positive identification for pedigree purposes in the future. These include a mark on the lower portion of the face of Liberty, a couple of longer abrasions in the right obverse field just above Liberty's leg, and a diagonal mark in the field below the eagle's breast on the reverse.

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Auction details

2008 DEC Houston, TX US Coin Auction #1118
4:00 PM PT - Dec 4th, 2008

offered by
Heritage Auctions

3500 Maple
Dallas, TX 75219
Us Auction

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