-40%
Super Hoard of scarce Pre-Civil War 1856 Upright 5 Gold Dollars
$ 108237.36
- Description
- Size Guide
Description
Deadwood-Hoard of 165 165-Year Old Pre-Civil War Gold DollarsThis unprecedented hoard of 150 165-year-old 1856 Upright 5 Gold Dollars features two rare PCGS MS-65 specimens and 7 MS-64 specimens, 4 graded by PCGS and 3 by NGC. 37 pieces are CAC stickered. This hoard is estimated to represent approximately 50% of the surviving population of this original Red Book variety and the first year of the Type 3 gold dollar.
The reason this variety is so scarce is due to the fact that it was only minted during Q-4 of 1856 as this variety represents the US Mint's standardization of date logotype on the reverse of the U.S. gold dollar. In 1857, all date logotypes for all denominations of US coinage went upright in non-italic format.
According to JP Martin, the surviving 1856 Upright 5 Gold Dollars are likely 10-15 times scarcer than the Slanted 5 variety.
Walter Breen and David Akers both assigned a mintage figure of 33,660 in “United States Gold Coins."
The Upright 5 1856 gold dollar seems to be unappreciated in circulated grades (PCGS currently tabulates the same values for Upright 5 versus Slanted 5 for grades from VF-30 through AU-55), but the value of the Upright 5 starts differentiating from the Slanted 5 for Mint State specimens—until it is more than double for MS-65
More information can be found at: www.upright5.com, www.1856gold.com
The entirety of this collection is comprised of the following:
MS-65 (2) specimens graded by PCGS (
1 CAC stickered
)
MS-64 (7) specimens of which 3 are graded by PCGS and 4 graded by NGC (
5 CAC
)
MS-63 (7) specimens of which 4 are graded by PCGS and 3 graded by NGC (
5 CAC
)
MS-62 (8) specimens of which 2 are graded by PCGS and 6 graded by NGC (
5 CAC
)
MS-61 (7) specimens of which 2 are graded by PCGS and 5 graded by NGC
(4 CAC
)
MS-60 (3) specimens 2 graded by NGC & (
1 CAC
stickered)
MS-60 (Details) 1 specimen by ANACS
AU-58 (19) specimens of which 4 are PCGS, 14 are NGC and 1 is ICG (
5 CAC
Stickers)
AU-58 (details) (3) specimens graded by ANACS
AU-55 (14) specimens of which 7 are PCGS graded, 3 are NGC, 3 are ANACS & 1 ICG (
4 are CAC stickered
)
AU-55 (Details) 14 specimens graded by ANACS
AU-53 (6) specimens, 6 graded by PCGS and all
(
6 CAC stickered
)
AU-53 (Details) (9) specimens graded by ANACS
AU-50 3 specimens (and 1 graded by ICG)
AU-50 (Details) (25) specimens graded by ANACS
XF-45 (2) specimens of which one is graded by PCGS and one by NGC (
1 is CAC stkr
)
EF-45 (Details) 7 specimens graded by ANACS
EF-40 (Details) 7 graded by ANACS
VF-30 (Details) 4 graded by ANACS
EF (Details) 2 graded by ANACS
VF-20 Details)- 1 graded by ANACS
VF-12 (Details) 1 graded by ANACS
Genuine with UNC Details (1) graded by PCGS