T2 G$1

Comments

• ambro51 Posts: 13,949 ✭✭✭✭✭

  March 23, 2010 12:01AM

  Dont shed a tear on that coin. Not many collectors realize that the 1854 and 1855 Type 2 gold dollars are the MOST common coins in the entire gold dollar series. Out of 800 thousand or so 1854's minted, the surviving population is nearly ten thousand. In MS64 alone, there are over 300 certified. If youre not mesmerized by a high grade number...really consider a rarer coin for your type set, perhaps the 1855-O or the 1856-S.
  
  This is a series that dosent need to be collected with an emphasis to grade. Even Harry Bass, for many of his coins.....didnt strive for an ultra high grade (on some dates though he did).
  
  Heres my 1854. In addition to the stronger strike, it is also the MUCH rarer Doubled die obverse. Id estimate that only 300 survive of this variety, with the triple row of beads...... its an NGC AU58.
  
  
  
  

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• coinguy1 Posts: 13,484 ✭✭✭

  March 23, 2010 12:09AM

  
  
  << <i>Dont shed a tear on that coin. Not many collectors realize that the 1854 and 1855 Type 2 gold dollars are the MOST common coins in the entire gold dollar series. Out of 800 thousand or so 1854's minted, the surviving population is nearly ten thousand. In MS64 alone, there are over 300 certified. If youre not mesmerized by a high grade number...really consider a rarer coin for your type set, perhaps the 1855-O or the 1856-S.
  
  This is a series that dosent need to be collected with an emphasis to grade. Even Harry Bass, for many of his coins.....didnt strive for an ultra high grade (on some dates though he did).
  
  Heres my 1854. In addition to the stronger strike, it is also the MUCH rarer Doubled die obverse. Id estimate that only 300 survive of this variety, with the triple row of beads...... its an NGC AU58....
  
  
  
  >>
  
  But the above overlooks the fact that the type two gold dollar is only a three year type coin (with the 1856-S issue being very scarce). And for type purposes, at least, that MS64 looks like a wonderful example.

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• FatMan Posts: 8,977 ✭

  March 23, 2010 12:09AM

  The CRO coin is FatMan™ Approved. Gorgeous!
  

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• PerryHall Posts: 46,860 ✭✭✭✭✭

  March 23, 2010 12:12AM

  The vast majority of coin collectors will buy a gold dollar as a type coin since there are too many expensive stoppers to attempt to collect them as a series. The type 2 is by far rarer as a type coin than the type 1 or 2 gold dollars. That's why it's so expensive.

  Worry is the interest you pay on a debt you may not owe.
  "Paper money eventually returns to its intrinsic value---zero."----Voltaire
  "Everything you say should be true, but not everything true should be said."----Voltaire

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• jsf Posts: 1,889

  March 23, 2010 7:12AM

  ambro, you have a very nice collection and your points on collecting are well-taken. However, I'm not after just one, select gold dollar. I'll need them all at some point. Thanks.

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