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Hoard of 150 165-Year Old Pre-Civil War Gold Dollars

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Now on ebay - somebody thought they had a winner!

This 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.

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