Both from APMEX.com
No, I don't own this coin, but I wish I did. Isn't it beautiful? Everything from the design right down to the blue and purple toning . They really don't come much prettier than this one! This is known as a Gobrecht Liberty Seated dollar which were produced in very small numbers from 1836 until 1839. They were experimental coins to see how well the public would accept the new design. The experiment wound down in 1839 and very few were produced that year, and this is one of them.
This coin was submitted to the Professional Coin Grading Service (PCGS) for evaluation and was assigned a grade of PR-64+. Meaning it was near perfect, which would have been a 70, and this is the only coin from 1839 with this grade. Only four coins have been graded higher at PR-65. Here it is sealed in the grading case from PCGS:
APMEX.com
About the coin:
From numista.com
This coin was designed by Christian Gobrecht in 1835 using neoclassical design, based off of ancient Roman statues. The obverse (front) displays Liberty seated on a boulder holding a liberty pole with a pileus cap on top of it. The pileus cap was given to freed Roman slaves in ancient times. This stirred up controversy as Thomas Jefferson (3rd US President and writer of the US Declaration of Independence) had once said, "we are not emancipated slaves". Nevertheless, the design remained. The reverse (back) of the coin had a majestic eagle in flight.
This coin could be yours for the sum of only $100,000. A little bit expensive, yes. Outside of my budget, absolutely. But if you have the cash it could be yours, and they accept payment in Bitcoin as well.
I'm a bit of a smart shopper, so I went to PCGS where they track the auction sale prices of their graded items. This coin has sold anywhere from $82,500 to $97,500 recently, so it may be a little over priced. I included the table below so you can see for yourself, the pertinent line is highlighted and grade circled. But chances are you will make money down the line. In twenty years this could be going for $200,000 to $300,000 or more. It would be a great investment if only I could afford it!
From pcgs.com
The Gobrecht dollar was doomed to history and the mint elected to change the reverse of the coin. The eagle in flight was replaced with the Heraldic Eagle that Gobrecht also designed and can be seen below. However, I think his eagle in flight was a much prettier design. This was the pattern used on US coins from 1840 until 1873. It was a beautiful design but could have been much better with the first eagle design!
Wikipedia.org from Heritage Auctions
That will wrap up my post for today, I hope you enjoyed it. I truly wish I could pick this coin up and add it to my stack... But it isn't meant to be! If you have any questions or comments please feel free to leave them below, and thank you for all of your support. I truly appreciate every single one of you! Have a great week everyone!
References:
https://en.numista.com/catalogue/pieces102997.html
https://www.pcgs.com/prices/detail/patterns-1792-1859/795/most-active/pr?specNo=11446&pn=1
https://www.apmex.com/product/294481/1839-gobrecht-liberty-seated-dollar-pr-64-pcgs-j-104-restrike
Disclaimer:
I am not a financial planner and this isn't financial advice. Please always do your own research before investing your money. You worked hard enough to earn it!
DUO token
This is a token from the Hive Onboarding Committee (HOC). It offers curation, dividends, and a tipping bot for those who stake enough tokens. The overall purpose of the token is to stack enough HP to be able to assist the HOC in onboarding and retaining new members to Hive.
Please check out the white paper: https://peakd.com/pimp/@hive-193566/duo-white-paper
You can find DUO for sale here:
https://tribaldex.com/trade/DUO
https://hive-engine.com/trade/DUO
If you are interested in precious metals or even want to learn more about them feel free to come join us #silvergoldstackers
I'm a proud member of The Alliance Family!
The HOC focuses on onboarding and supporting new Hive members
