1881 Gold Dollar. MS-68 (PCGS). CAC.
This amazing Ultra Gem would serve as a highlight in the finest cabinet. Fully struck with exquisite satin to semi-reflective luster, the surfaces are enhanced by vivid color in orange-gold and reddish-rose. By the 1880s, the gold dollar had essentially ceased being a commercial coin of any significance with the exception of in the West, while in the East the denomination became sought after more for gifts and jewelry. Mintages remained low until the denomination's demise in 1889. Numismatists at the time saw the value in saving these coins for posterity and most of the 7,620 gold dollars struck "for circulation" in 1881 were immediately hoarded by collectors and dealers interested in speculation. As a consequence, almost all of the surviving population are Mint State with very few ever seeing commercial use. There is a reasonable number of Gem examples which has made this issue particularly popular for type collectors, however, very few can match the overall technical quality and eye appeal of the present coin. Standing a hair's breadth away from the top of the Condition Census, this coin is for those desiring the best of the best.
PCGS# 7582. NGC ID: 25DK.
PCGS Population: 44; 7 finer (MS-69 finest). CAC Population: 25; 0.
From the Ward Collection.

Estimate: $10000