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 Replies: 15 / Views: 1,499 |
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Pillar of the Community
United States
1511 Posts |
Picked this up the other day, what say ya'll on grade? I think I got it for a pretty fair price... I really wanted an 1853, but saw this staring back at me through the glass and just couldn't say no.. Lol.. You know how it is..   And for those who haven't seen one in hand... Here's a photo for size reference.. Small little buggers... I would absolutely loose coins this size if we used them today...  |
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Bedrock of the Community
United States
36746 Posts |
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Pillar of the Community
United States
2589 Posts |
Likely around XF 45 from what I see.
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Pillar of the Community
United States
1158 Posts |
Wow, that is tiny! And think back when those were new, that was a day's wage. I'd sure hate to lose that! Must be why the large 1.5" silver dollars were more common.
I don't know enough to comment on grade, but it's a nice looking and interesting one.
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Pillar of the Community
United States
5854 Posts |
I would say EF-40. Quote:
Must be why the large 1.5" silver dollars were more common. Silver dollars struck around the same period as this gold dollar are quite scarce. The influx of gold from the California gold rush had silver scarce relative to gold and it would make no sense to spend or make a silver dollar that contained $1.03 worth of bullion. Only later, because of silver strikes like the Comstock lode and political lobbying, are silver dollars minted in large enough quantities to make them common. |
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Pillar of the Community
United States
4337 Posts |
EF45 is fair enough, its slightly better than a 40 for wear and the surface marks hardly count. Nice coin
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Pillar of the Community
United States
1158 Posts |
Quote:
Silver dollars struck around the same period as this gold dollar are quite scarce. The influx of gold from the California gold rush had silver scarce relative to gold and it would make no sense to spend or make a silver dollar that contained $1.03 worth of bullion. Only later, because of silver strikes like the Comstock lode and political lobbying, are silver dollars minted in large enough quantities to make them common. Interesting info, thanks. I'm not well versed on 19th century stuff. Looking up mintages, you are definitely right. 1300 Seated Liberty silvers minted in 1851 vs 3.3 million of these. I'd suspect most people were probably being paid their salary in smaller denominations, anyway, but it was a fun thought. |
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Pillar of the Community
United States
8137 Posts |
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Bedrock of the Community
United States
10982 Posts |
Yeah, I'd go XF45 and maybe even AU50 if there's some luster there. These tiny coins almost never had full strikes when fresh off the dies. She's got a lot of character!
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Pillar of the Community
Canada
5417 Posts |
Long time no see Nathan. I grade EF-40.
Edited by zxcccxz
09/26/2014 7:35 pm
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Pillar of the Community
United States
2368 Posts |
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Pillar of the Community
Puerto Rico
778 Posts |
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Pillar of the Community
United States
1002 Posts |
EF40 nice  |
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Bedrock of the Community
 United States
18668 Posts |
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Pillar of the Community
United States
6370 Posts |
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Pillar of the Community
United States
1247 Posts |
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Replies: 15 / Views: 1,499 |
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Posted 09/26/2014 11:35 am
