[17] Numismatic historian Walter Breen asserts that those pieces struck before the passage of this act are technically patterns (or coins created to test their design, composition or other points), as they were not authorized by Congress. These pieces were then circulated among the public for suggestions. Want to join CoinTrackers and Track Your Coins 100% FREE? [15] For the 1837 production (which kept the 1836 date), Patterson ordered that the coins be struck in coin alignment, the opposite of medal alignment, and the practice with current US coins (the two faces both are upright when the coin is rotated about its horizontal axis). We use user submitted pictures please read that article if you are interested in adding your own. [14], When the full-scale production began, the reverse eagle was surrounded by 26 stars rather than 24 as Patterson had originally requested of Sully, as the states of Arkansas and Michigan had been admitted to the Union since Patterson's letter was penned in 1835. Gobrecht completed the engraving on October 14, and Patterson presented prints created from it to several government officials in an effort to gain their approval. The Mint Act of 1837 slightly reduced the weight of the silver dollar and changed the alloy to a composition of 90% silver and 10% copper. [10] In January 1836, die trials were conducted in soft metal. [?]. Want more info? FAST 'N FREE. The quarter adopted Seated Liberty in 1838, the half dollar the year after, and the silver dollar in 1840. President Jackson, Treasury Secretary Levi Woodbury, and the rest of the cabinet all approved of the design. The coins are dated 1836, 1838 and 1839. Christian Gobrechts name is on the bottom center of the obverse. This coin is currently in the Set Registry inventory of boiler78 and is featured … Silver : J85: 1838 Name Removed: Starless Reverse: Plain Edge: Silver : J87: 1838 Name Removed: Starless Reverse: Plain Edge: Copper : J88: 1838 Name Removed: Starry Reverse: Plain Edge: ... NGC, and Heritage Auctions for their assistance in providing high-resolution photographs of many Gobrecht dollars for study. Sully created an obverse design depicting a seated representation of Liberty and Peale a reverse depicting a soaring bald eagle, which were converted into coin designs by Gobrecht. The first silver dollars struck by the United States Mint were minted in 1794. [20] In total, 300 dollars of this type dated 1839 were struck for circulation, all in medal alignment. Exceptional 1838 Gobrecht Dollar With Provenance to Before 1871 1838 Gobrecht Silver Dollar. PCGS TrueView images included. The Gobrecht dollar was first struck in December 1836. Judd-84. [15] An act of January 18, 1837, officially changed the legal standard for silver coins from 89.2%[16] to 90% silver. [12] This was evidently achieved, because Patterson had Gobrecht to begin work on a reverse die in June. or Best Offer. Several pieces were produced and distributed throughout Philadelphia. This coin in poor condition is still worth $13565.38 more than the intrinsic value from silver content of $21.62, this coin is thus more valuable to a collector than to a silver bug. Silver Content: 90% In 1835, Director of the United States Mint Samuel Moore resigned his post, and Robert M. Patterson assumed the position. Silver. It contains a very large number of varieties ranging from original strikes to restrikes produced in the late 1850s through early 1870s. Silver Melt: $21.09 Value: As a rough estimate of this coins value you can assume this coin in average condition will be valued at somewhere around $11028, while one in certified mint state (MS+) condition could bring as much as $36,009 at auction. [16] Gobrecht dollars struck prior to passage of the act weighed 26.96 grams (0.951 oz), while those struck later weighed 26.73 grams (0.943 oz).[16]. This price does not reference any standard coin grading scale. Some of the Gobrecht dollars produced were struck with 'medal alignment', meaning that the obverse and reverse images both face upward when the coin is rotated around its vertical axis. ... 1836 Gobrecht Silver Dollar Original | PCGS Proof-62 CAC (Toned) $54,499.95. $51,000.00. ***Price subject to standard supply and demand laws, dealer premiums, and other market variations. When you take a look at the Gobrecht silver dollar series issued by the United States, then it looks like most coins struck by the U.S. Mint in the 19th century. "Some pieces here catalogued may not be offered again for many years, so it is hoped that the collectors will give … Coins worth more to a collectors may be a better long term investment. The 1838 original Gobrecht silver dollars are among the rarest struck from 1836 to 1839. [5], In a letter dated August 1, 1835, Patterson proposed that Sully create a Seated Liberty figure for the obverse, suggesting that the "figure be in a sitting posture—sitting, for example, on a rock. Ex: Simpson. The numbers come from the United States mint, and they don't reflect coins that have been melted, destroyed, or those that have never been released. [4], Later, in 1835, Mint officials began preparations for a series of silver dollars which, unlike the 1804 dollar, were intended to enter circulation in order to determine whether the denomination would be well received by the public. At first glance many would think that the Gobrecht Silver Dollar series would be rather simple to understand. Numismatic vs Intrinsic Value: Despite a positive reception for the overall design, m… Julian suggests the coins were predated to prevent coin collectors from becoming angered when they would be unable to obtain the newly dated coins, which were struck in very small numbers. "[8] Patterson also suggested that the seated figure should hold in her right hand a pileus atop a liberty pole to be "emblematic of Liberty". Prices represent past values fetched at online auctions, estate sales, certified coins being sold by dealers, and user submitted values. Also learn how to properly store your coins. 1838 Gobrecht Silver Dollar. According to a common story, the flying eagle seen on the Gobrecht dollar was modeled after Peter, the Mint's pet eagle, who was taxidermied after his death by becoming caught in a coining press and remains on display at the Mint to this day. Gobrecht Dollars (1836-1839) Email to friends Share on Facebook - opens in a new window or tab Share on Twitter - opens in a new window or tab Share on Pinterest - opens in a new window or tab. Get the best deals on Gobrecht Dollars (1836-1839) ... 1838 Gobrecht Dollar. Beginning in 1837, Gobrecht’s Seated Liberty design was adopted on all U.S. silver coins from half dime through dollar. After Mint Chief Engraver William Kneass suffered a stroke later that year, Christian Gobrecht was hired as an engraver. Silver Weight: .7735 oz. Using my cheap $10 kitchen scale that may or may not be very accurate, the weight is 1.5 grams off. The Gobrecht Silver Dollar was the first US Dollar coin struck since 1804. Silver Melt: $21.62 So it's a really great-looking coin at an affordable price. Mint Mark: No mint mark Beginning in 1837 Gobrecht’s Seated Liberty design was adopted on all U.S. silver coins from half dime through dollar. [6] Mint Chief Engraver Kneass prepared a sketch based on Patterson's conception, but soon suffered a stroke, leaving him partially incapacitated. Following an increase in coin collecting among the public in the mid-nineteenth century, there arose considerable demand for older American coins. Persistent public demand for the new coins prompted Woodbury to contact Patterson, requesting more silver dollars. Wow, TDK1916, do you have a Gobrecht dollar? It contains a very large number of varieties ranging from original strikes to restrikes produced in the late 1850s through early 1870s. [9], In September 1835, Thomas Sully received from Patterson a set of British coins and medals to help guide him while creating the Seated Liberty design. And for the price, pre-'65 example of this coin would be closer to $100,000. Silver dollar production had ceased in 1804 with the production of 19,750 Draped Bust dollars dated 1803. On August 1, Patterson wrote a letter to Philadelphia artist Thomas Sully laying out his plans for the dollar coin. Face Value: 1.00 USD It is, however, one of the most complicated and least understood of all United States coinage issues. [8] Numismatic historian Don Taxay notes the similarity between Patterson's Seated Liberty concept and designs already in use on British copper coinage: "Liberty thus emerged as a refurbished Britannia, her trident replaced by a staff and pileus. [19] The restrikes created under Snowden's tenure were likely struck in 1859 and 1860, but the practice was largely halted after the eruption of a public scandal; other Mint employees were creating and selling restrikes of early American coins for their own profit. Please keep that in mind. Value: As a rough estimate of this coins value you can assume this coin in average condition will be valued at somewhere around $12064, while one in certified mint state (MS+) condition could bring as much as $39,390 at auction. In September 1836, Chief Coiner Adam Eckfeldtbegan sinking the working dies that would be used to strike the coins. The coin was struck in small numbers to determine whether the reintroduced silver dollar would be well received by the public. [19] In 1838, the design was modified to remove the stars from the reverse. [19] The money generated from selling the restrikes went toward purchasing new items for the coin cabinet. [10] On October 17, while Jackson and his cabinet were reviewing the design, Woodbury wrote Patterson giving permission to proceed with creating dies for the new coins based on the prints. while one in certified mint state (MS+) condition could bring as much as $44,362 at auction. [23] Mint Engraver James B. Longacre, its designer, had borrowed Gobrecht and Peale's eagle reverse for the one-cent coin's obverse. CAC. [20] Patterson's trial issue had evidently been a success, as full-scale production of the Seated Liberty dollar began in 1840. While we wholeheartedly try to give honest price estimates there are many factors besides appearance, metal content, and rarity that help make up the coins overall value. Additionally, in January of 1837, the legal standard for the percentage of precious metal in silver was changed from 89.2% to 90%, and Gobrecht dollars struck after this date reflected the change. Patterson. The reverse with its naturalistic eagle was dropped for the quarter, half dollar, and dollar denominations in favor of a revision of John Reich’s heraldic eagle of 1807. Detailed information about the coin 1 Dollar "1838 Gobrecht Dollar" (Pattern), United States, with pictures and collection and swap management : mintage, descriptions, … [5] Shortly thereafter, Director Patterson approached two well-known Philadelphia artists, Titian Peale and Thomas Sully, to create a design that would be used to overhaul most of the American coins then in production. However, before production could begin, Patterson ordered that Gobrecht's name be added to the dollar. So when we say average, we mean in a similar condition to other coins issued in 1838, and mint state meaning it is certified MS+ by one of the top coin grading companies. 1839 Gobrecht Silver Dollar - Real or Fake? The reverse with its naturalistic eagle was dropped for the quarter, half dollar and dollar denominations in favor of a revision of John Reich’s heraldic eagle of 1807. A small number were struck bearing the date of 1838 that did not bear Gobrecht's initials in any form. [3], No further action was taken until the summer of 1834, when officials suggested that proof coin sets be prepared as gifts for Asian dignitaries. The strike is razor sharp over the features in and around the centers, and the surfaces are exceptionally nice at the assigned grade level. In 1837, the Gobrecht seated Liberty design was introduced on the dime and half dime, giving rise to the "Seated Liberty" coinage theme. Shortly after, Patterson began an attempt to redesign the nation's coinage. [4] After examining Mint records, personnel incorrectly concluded that the last Draped Bust dollars minted were dated 1804, so they chose that date for the coins. Both sides are lightly and attractively toned in iridescent golden-gray. Year: 1838 It contains a very large number of varieties ranging from original strikes to restrikes produced in the late 1850s through early 1870s. [11] Despite the director's approval of the design, he instructed Peale to continue until Patterson was satisfied. [19] All Gobrecht dollar restrikes, when tilted on their axis, depict the reverse eagle flying level, rather than upward as it is depicted on the coins struck during the official production run. His name appeared as "C. GOBRECHT F", short for "Christian Gobrecht Fecit", meaning "Christian Gobrecht made it". Free shipping. Silver Melt: $21.09. [18] In total, 1,000 pieces dated 1836 were struck in 89.2% silver and 600 in 90% silver. These coins are also one of the least understood coinage series in the history of the United States. On April 9, Patterson wrote a letter to the Treasury secretary in which he included several of Peale's drawings; Patterson viewed one of the designs as the best created to date. Silver dollar production had ceased in 1804 with the production of 19,750 Draped Bust dollars dated 1803. During the official production run, there were a total of 1,900 Gobrecht dollars struck. CoinTrackers.com has estimated the 1838 Gobrecht Dollar value at an average of $13587, one in certified mint state (MS+) could be worth $44,362. Die Alignment III, Coin Turn. These coins are so rare that it is truly the market that dictates their value. Proof-64+ (PCGS). Silver Content: 90%. 1838 Restrike Gobrecht Dollar, Unique Judd-84 Struck Over an 1859 Seated Dollar, PR64 The Coin That Proves When 1838 Dollars Were Restruck 1838 P$1 Name Omitted, Judd-84 Restrike, Pollock-93, R.5 -- Struck Over an 1859 Silver Dollar -- PR64 PCGS. [21] The Seated Liberty dollar utilized an obverse design based on that of the Gobrecht dollar, though the reverse was altered from a soaring to a heraldic eagle. Despite a positive reception for the overall design, many criticized the prominent display of Gobrecht's name on the coin. OGH.
Here is a beautiful and premium quality 1838 Gobrecht dollar, the rarest date in this challenging series. PCGS graded Proof-62. Type: Gobrecht Dollar Year: 1839 Mint Mark: No mint mark Face Value: 1.00 USD Total Produced: 1,000 [ Silver Content: 90% Silver Weight:.7735 oz. The present coin is an attractive one, displaying the newly designed obverse with stars surrounding, and with the engraver's name removed from the base. The Gobrecht dollar, minted from 1836 to 1839, was the first silver dollar struck for circulation by the United States Mint since production of that denomination was officially halted in 1806 (the last silver dollars were struck in 1804 but dated 1803). 10 Most Valuable Walking Liberty Half Dollars, *list does not count the newer Presidential Dollars. 1838 [Gobrecht] $1 Judd-84 Orig. - The 1838 Gobrecht dollar-- I would sell that for $27,000. After the designs were created and trials struck, production of the working dies began in September 1836. 1839 Silver One Dollar "Gobrecht" (LIBERTY UNITED STATES OF AMERICA ONE DOLLAR) KM# 59a.4 coin and its complete list of years and varieties with prices and … Die Alignment III, Coin Turn. How hard could that be? Type: Gobrecht Dollar Year: 1838 Mint Mark: No mint mark Face Value: 1.00 USD Total Produced: 1,000 Silver Content: 90% Silver Weight:.7735 oz. All examples known are Proofs and are generally seen … [11] Patterson then authorized production of a steel obverse die; the reverse could not yet be created because Peale had yet to complete his design to Patterson's satisfaction. [2] In 1831, Mint Director Samuel Moore noticed a reversal; a large shipment of Spanish dollars had recently been shipped from Canton to the United States. Reeded Edge. Current silver melt value* for a 1838 No mint mark is $21.62 and this price is based off the current silver spot price of $27.95 This value is dynamic so bookmark it and comeback for an up to the minute silver melt value. The coin in our picture comes from Stack 's Bowers where it sold for $14394 during … The 1 thousand coins listed as minted above is nothing more than a guess. "Brand" Pedigree on Holder "Pogue" PCGS PR64+ PCGS Set Registry. Production of the Seated Liberty dollar, which utilized the same obverse design as the Gobrecht dollar, began mintage in 1840. Discussion in 'What's it Worth' started by bruceg, Sep 19, 2017. bruceg New Member. **When we say that 1,000, of these coins were produced or minted in 1838 this number doesn't always match the actual circulation count for this coin. [7] Following Kneass' stroke, government officials approved Patterson's urgent request that Philadelphia medallist Christian Gobrecht be hired immediately to fulfill the duties of engraver; Director Moore requested the same prior to his resignation, but no action was taken immediately. Later that year, President Andrew Jackson, at Moore's request, lifted the prohibition. In 1804, the Mint unofficially ended production of silver dollars because many of the coins produced since that denomination had first been struck in 1794 were exported for their silver content to Eastern Asia, especially Canton (modern day Guangzhou). In total, 1,900 Gobrecht dollars were struck during the official production run. [2] It is unknown precisely how many 1804 dollars were struck, though eight are known to be extant. Silver Melt: $21.16 If the metal prices drop you will still have a coin that a numismatic would want to buy. He also asked Titian Peale to create a design for the coin. Die Alignment IV coins are generally considered originals and lack the minute die cracks seen on later strikings, with the expected die cracks through MERI, TE, and the base of LAR. Under … [10] Sully sent Patterson three rough sketches near the beginning of October, and those were given to Gobrecht, who in turn set about making a copper engraving of the design. After a small quantity was struck for circulation, the Mint received complaints regarding the prominent placement of Gobrecht's name on the dollar, and the design was modified to incorporate his name in a less conspicuous position. In the 1850s, Mint officials controversially re-struck the coins without authorization. [11] While Peale continued his work, Gobrecht began work on a design for a gold dollar, which occupied much of his time at the Mint. [13] Several pieces were produced and distributed throughout Philadelphia. Total Produced: 1,000 [?] [12] Gobrecht requested that his name be removed entirely from the face of the coin; instead, the engraver was instructed to change its size and placement at the behest of Patterson. Proof-64+ (PCGS). [20] Throughout the production run, a number of different Gobrecht dollar patterns, which differed from the general issues, were struck. Rick looks to expand his personal rare coin collection in this clip from "Stamp Stumped". Congratulations! That is a major US coin. Call or visit your local coin dealer for more information. These dollars were issued in 1836, 1838, and 1839. [22] Numismatic historian Walter Breen suggests that Snowden simply used the alignment because that was the same used on the Flying Eagle cent,[22] which began production in 1856. [12] In August, Patterson sent a uniface striking of the reverse die to President Jackson, who approved designs for both sides of the coin[12], In September 1836, Chief Coiner Adam Eckfeldt began sinking the working dies that would be used to strike the coins. US Gobrecht Dollar (Fakes are possible) 1836 to 1839. Gobrecht dollars from 1838 are known in both Die Alignment III and IV. [24], Media related to Gobrecht dollar at Wikimedia Commons, https://en.wikipedia.org/w/index.php?title=Gobrecht_dollar&oldid=997772792, Creative Commons Attribution-ShareAlike License, This page was last edited on 2 January 2021, at 04:25. The Gobrecht dollar was first struck in December 1836. [4] It is unknown why the current date was not used, but numismatic historian R.W. In January 1837, the legal standard for the percentage of precious metal in silver coins was changed from 89.2% to 90%, and the Gobrecht dollars struck after that point reflect this change. Silver Weight: .7735 oz. The Gobrecht Silver Dollar was the first US Dollar coin struck since 1804. [6] Patterson preferred a soaring eagle because he believed that the heraldic eagle commonly used on American coins, which he dismissed as a "mere creature of imagination",[6] was unappealing as a design. Of the three years that Gobrecht dollars were produced - 1836, 1838, and 1839 - today, the 1838 is the date least often seen. Value: As a rough estimate of this coins value you can assume this coin in average condition will be valued at somewhere around $13587, Then read Coin Collecting Investment an article that details the benifits of coin collecting as a way to build wealth. Judd-84. Mint Director James Ross Snowden began selling restrikes of Gobrecht dollars and trading them for rare medals (especially those depicting or relating to former President George Washington), which were then added to the Mint's coin collection, then known as a coin cabinet. The Gobrecht Silver Dollar was the first US Dollar coin struck since 1804. But watch out for fakes (see below). (see details)... (adsbygoogle = window.adsbygoogle || []).push({}); Type: Gobrecht Dollar Additional Info: A few thousand Gobrecht Dollars were known to be issued from 1836 to 1839, we could not find any official mint numbers however. 23 watching. "[7] In the same letter, Patterson also informed Sully of his vision for the reverse, which Peale would execute: "I propose an Eagle flying, and rising in flight, amidst a constellation, irregularly dispersed, of 24 stars [representing the number of states then forming the Union], and carrying in its claws a scroll with the words E PLURIBUS UNUM". [12] However, before production could begin, Patterson ordered that Gobrecht's name be added to the dollar. In June 1835, Moore resigned his post as director, and was replaced by Robert M. His name appeared as "C. GOBRECHT F", short for "Christian Gobrecht Fecit", meaning "Christian Gobrecht made it". [1] In 1806, then Secretary of State James Madison issued an order officially halting mintage of the coins. [22] It is unknown precisely why the orientation of the eagle was altered, though it is believed by many numismatists that Snowden did this intentionally to make restrikes distinguishable from originals. This coin type is named after Christian Gobrecht - the designer of the Gobrecht Dollar and later the Seated Liberty Dollar - who also prominently placed his name into the design of the coin.
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