Pogue’s 1839 Gobrecht dollar recently fetched $51,700 at the fourth auction of the D. Brent Pogue Collection, hosted by Stack’s Bowers Galleries and Sotheby’s on May 24. This rare coin continues to captivate collectors and numismatics enthusiasts alike due to its unique historical significance, artistic design, and connection to specialized U.S. coinage. The 1839 Gobrecht dollar is part of a series that sheds light on the evolution of American currency, providing insight into the craftsmanship and artistic choices made during the mid-19th century. Its exceptional value comes not only from its rarity but also from the stories it tells about the development of American numismatics and its place in the broader context of U.S. coinage history.
How much is your Gobrecht dollar worth?
| Date | Amount | Keywords |
|---|---|---|
| 1836-1839 | Varies | Gobrecht Dollar, Judd 104 |
| 1839 (Restrike) | $51,700 | Proof 64, PCGS |
| 1870s Restrike | Varies | Medallic Alignment, Eagle |
The Coin:
1839 Gobrecht Dollar, Judd 104, Proof 64
The Price:
$51,700
The Story:
In the late 1830s, the U.S. Mint sought a new design for the silver dollar. Mint Director Robert Patterson enlisted Mint engraver Christian Gobrecht to create a new dollar, incorporating elements from artwork by Philadelphia artists Thomas Sully and Titian Peale. The 1839 Gobrecht dollar was eventually struck as a restrike—produced not at the time of the original minting, but later for collectors, potentially as late as the 1870s. These restrikes were produced with a distinct medallic alignment, differing from the typical coin alignment seen on other U.S. coins. This unique feature has made them highly valuable to collectors who appreciate the historical and artistic significance behind these coins.
Graded Proof 64 by the Professional Coin Grading Service (PCGS), this dollar stands out for its exceptional quality and intricate details. The granular texture around the eagle’s head on the reverse side is one of the key distinguishing factors, helping collectors differentiate between restrikes and original coins. These Gobrecht dollars continue to be a sought-after addition to specialized U.S. type sets, representing a fascinating and rare segment of American numismatics.
Conclusion:
Pogue’s 1839 Gobrecht dollar continues to be a remarkable piece in the world of rare coins. Its distinct design, historical significance, and the story behind its restrike status make it a sought-after gem among collectors. As part of a specialized numismatic area, these dollars offer insight into the evolution of U.S. coinage and remain highly valued in the collecting community. The intricate craftsmanship and unique features of the 1839 Gobrecht dollar contribute to its enduring legacy in the history of American coinage, making it a true treasure for those who appreciate the art of numismatics.
FAQ’s
What makes Gobrecht dollars unique?
Gobrecht dollars are distinct for their artistic design and medallic alignment, which differs from regular coin alignment.
How can restrike Gobrecht dollars be identified?
Restrikes can be distinguished from originals by the granular texture around the eagle’s head on the reverse side.
What is the significance of Pogue’s 1839 Gobrecht dollar?
Pogue’s 1839 Gobrecht dollar is highly valued due to its rare grade, historical significance, and connection to specialized U.S. numismatics.