-40%

Super Hoard of scarce Pre-Civil War 1856 Upright 5 Gold Dollars

$ 108237.36

Availability: 100 in stock
  • Condition: Please read the description.
  • Strike Type: Business
  • Composition: Gold
  • Grade: Various Grades
  • Mint Location: Philadelphia
  • Circulated/Uncirculated: Various Grades
  • Item must be returned within: 30 Days
  • Return shipping will be paid by: Seller
  • All returns accepted: Returns Accepted
  • Country/Region of Manufacture: United States
  • Year: 1856
  • Denomination:
  • Certification: PCGS & CAC
  • Refund will be given as: Money Back

    Description

    Deadwood-Hoard of 165 165-Year Old Pre-Civil War Gold Dollars
    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.
    According to JP Martin, the surviving 1856 Upright 5 Gold Dollars are likely 10-15 times scarcer than the Slanted 5 variety.
    Walter Breen and David Akers both assigned a mintage figure of 33,660 in “United States Gold Coins."
    The Upright 5 1856 gold dollar seems to be unappreciated in circulated grades (PCGS currently tabulates the same values for Upright 5 versus Slanted 5 for grades from VF-30 through AU-55), but the value of the Upright 5 starts differentiating from the Slanted 5 for Mint State specimens—until it is more than double for MS-65
    More information can be found at: www.upright5.com, www.1856gold.com
    The entirety of this collection is comprised of the following:
    MS-65 (2) specimens graded by PCGS (
    1 CAC stickered
    )
    MS-64 (7) specimens of which 3 are graded by PCGS and 4 graded by NGC  (
    5 CAC
    )
    MS-63 (7) specimens of which  4 are graded by PCGS and 3 graded by NGC (
    5 CAC
    )
    MS-62 (8) specimens of which 2 are graded by PCGS and 6 graded by NGC (
    5 CAC
    )
    MS-61 (7) specimens of which 2 are graded by PCGS and  5 graded by NGC
    (4 CAC
    )
    MS-60 (3) specimens  2 graded by NGC &  (
    1 CAC
    stickered)
    MS-60 (Details) 1 specimen by ANACS
    AU-58 (19) specimens of which 4 are PCGS, 14 are NGC and 1 is ICG (
    5 CAC
    Stickers)
    AU-58 (details) (3) specimens graded by ANACS
    AU-55 (14) specimens of which 7 are PCGS graded, 3 are NGC, 3 are ANACS & 1 ICG  (
    4 are CAC stickered
    )
    AU-55 (Details) 14 specimens graded by ANACS
    AU-53 (6) specimens, 6 graded by PCGS and all
    (
    6 CAC stickered
    )
    AU-53 (Details) (9) specimens graded by ANACS
    AU-50 3 specimens (and 1 graded by ICG)
    AU-50 (Details) (25) specimens graded by ANACS
    XF-45 (2) specimens of which one is graded by PCGS and one by NGC (
    1 is CAC stkr
    )
    EF-45 (Details) 7 specimens graded by ANACS
    EF-40 (Details) 7 graded by ANACS
    VF-30 (Details) 4 graded by ANACS
    EF (Details) 2 graded by ANACS
    VF-20 Details)- 1 graded by ANACS
    VF-12 (Details) 1 graded by ANACS
    Genuine with UNC  Details (1) graded by PCGS