JUDD 63 -
1836 "GOBRECHT" DOLLAR - SILVER RESTRIKE -
Name below BaseVariety
equivalents: Adams-Woodin 48, Pollock 63
Rarity: 3 known
Known
examples:
1. PCGS
Proof-62 (illustrated above).
H.O. Granberg (the first numismatist to assemble a set of all 1836
Gobrecht dollar patterns, which were displayed at the 1914 ANS
exhibit) - Waldo Newcomer - one of two owned by King Farouk (lot
1717) - A.H. Baldwin & Co. (Baldwin purchased both of Farouk's
Judd-63 Restrike Gobrecht dollars) - Alfred Ostheimer - Lester
Merkin's sale of the Ostheimer collection, 1968 sale (both Breen and
Pollock have confused this coin's pedigree by stating that W.G.
Baldenhofer was the buyer at the Farouk Sale. Numismatic literature
specialist Karl Moulton, however, asserts that this coin did not
appear in Stack's 1955 Farish-Baldenhofer Sale and the buyer at the
Farouk Sale was the prestigious London firm of A.H. Baldwin &
Co. This is the plate coin above numbers 46 and 48 in the book United
States Pattern, Trial, and Experimental Pieces by Edgar H. Adams
and William H. Woodin [1913]) - unknown intermediaries - Michigan
philanthropist - The Lake Michigan Academy (a school for learning
disabled children) - Heritage Numismatic Auctions, Inc.'s
"Philadelphia 2000" Signature Sale, August 6-7, 2000, Lot
6174, where it was described (in part) as follows: "This
coin's overall appearance has changed somewhat since its use as a
plate coin by Adams and Woodin in 1913. The toning spot in the left
obverse field is still visible, although much lighter and the
reverse has acquired a smoky-gray appearance. The balance of the
obverse is brilliant with the exception of a hint of russet
coloration around the upper rim. There are scattered grade-defining
hairlines on both sides and a moderate hairline that protrudes
diagonally into the obverse field from the top of Liberty's foot.
The latter is the only pedigree marker that we can see." @
$98,900.00
2. PCGS
Proof-63. Bangs & Co. "Anthon Sale", October
1884, lot 117 - Stack's "Garrett Sale", March 1976, Lot
252 - Bowers and Merena, May 1994.
3. William C. Wilson - F.C.C. Boyd (most likely acting as an
agent) - Virgil Brand (February 12, 1919) - Sotheby's "Farouk
Collection" 1954, Lot 2020 - A.H. Baldwin & Co. - Major
Lenox R. Lohr Collection (not in the Stack's 1956 sale of Lohr's
holdings, but believed to have been included in the Lohr patterns
purchased by Empire Coin Company, ca. 1961). This is the plate coin
in Breen's Proof Encyclopedia (1977) and his Complete
Encyclopedia (1988).
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Images courtesy of Heritage Numismatic
Auctions
Notes:
"Federal authorities did not...destroy the original Gobrecht
dollar obverse with C. GOBRECHT. F. below the base [used in 1836].
Instead, the chief coiner locked the die in his vault, where it
remained until the late 1860s. According to noted pattern specialist
Saul Teichman, this obverse die was retrieved from the coiner's
vault between 1867 and 1878. Mated with the original reverse die
with the eagle flying in a starry field, this obverse die produced
an undetermined number of Gobrecht dollar restrikes (Judd-58). As
the 18 originals that the Mint produced in late 1836 have since been
lost, these restrikes constitute the sole representatives of this
die marriage available to today's Gobrecht dollar specialists.
Needless to say, examples of the Judd-58 Restrike bring hefty sums
in today's market, as evidenced by the PR 64 NGC specimen that
realized $36,800 as lot 6486 in our September 1999 Long Beach Sale.
During the same period when these restrikes were produced, the Mint
appears to have mated the original obverse die with the reverse die
used to produce the 1838-1839 Gobrecht dollars. The reverse depicts
the eagle flying in a plain field, the stars having been moved to
the obverse of the 1838-1839 issues. Again, the Mint produced an
unknown number of examples from this die combination on both silver
and copper planchets. (The silver strikings of this issue are known
alternatively as AW-48, Judd-63 Restrike, and Pollock-63.) All of
the Judd-63 specimens have plain edges with the eagle flying level
when the coin is rotated around its horizontal axis. The latter is
referred to in Gobrecht dollar parlance as Die Alignment III. Since
this die pairing was not used to strike any original Gobrecht
dollars in either 1836, 1838, and 1839, the examples coined circa
1867-1878 are referred to as 'mules.'
The fact that Judd-63 was produced between 1867 and 1878 is based on
research done by Gobrecht dollar specialists Mike Carboneau and Saul
Teichman. According to them, all known representatives of the
Judd-63 Restrike variety display small areas of die rust in the
right obverse field and in the reverse field around the E in UNITED
and the AR in DOLLAR. In addition, the reverse die had cracked along
the tops of the letters MERIC in AMERICA, and from the left side of
the D in UNITED into the field. Both Carboneau and Teichman agree
that the areas of rust are indicative of dies that had been stored
for several years. The cracks suggest that the reverse die had been
used to produce other original and/or restrike Gobrecht dollars
prior to its use for Judd-63.
Today, it is believed that only three silver strikings of Judd-63
are extant."
- Excerpted from the
description of Lot 6174 in Heritage
Numismatic Auctions, Inc.'s "Philadelphia 2000"
Signature Sale, August 6-7, 2000
Sources and/or
recommended reading:
"Walter Breen's Complete Encyclopedia of U.S. and Colonial
Coins" by Walter Breen
www.uspatterns.com
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