Tag: 1854

1854-S Liberty Double Eagle PCGS AU50

Sirhc

The San Francisco Mint began coinage operations in 1854, occupying the same building that previously housed the U.S. Assay Office of Gold, which produced the iconic $50 octagonal “slugs” of the Gold Rush period. Coinage during the first several months though was stunted due to a lack of parting acids needed for ore refinement. The double eagle mintage at San Francisco of 1854 was only 141,468 pieces, which would prove to be the lowest total coinage of this denomination at the West Coast branch mint. Surviving examples of the 1854-S double eagle are scarce in high AU grades and borderline rare in attractive Mint State condition. 

Listed at $15,000 in the CDN CPG and $17,500 in the PCGS price guide.

Offered at $15,150

Only 2 Graded Higher – 1854 Arrows Seated Liberty Quarter NGC PR65

dyann

All 1854 Seated Liberty quarters show arrows at the date to signify a weight change in the denomination that was instituted the year before. The 1853-dated quarters also displayed a glory of rays on the reverse, but that feature was eliminated in 1854 because of striking problems and die breakage. The Arrows design was continued in 1855, then eliminated, creating an extremely popular two-year subtype.

Accounts of the precise rarity of the 1854 Arrows quarter proof issue vary to a certain extent, but all agree that it is very rare at a minimum, with no more than 12 to 15 known (according to David Akers, writing for the Pittman catalog in 1998) or around 10 (according to Walter Breen). PCGS CoinFacts estimates 10 to 15 pieces known.

The NGC population is only 2 with 2 graded higher.

Listed at $21,600 in the CDN CPG and $25,000 in the NGC price guide.

Offered at $21,900

One of the Finest – 1854 Arrows Seated Liberty Quarter NGC PR65

Sirhc

This is the first of a brief two-year design type, and it is an important rarity in Proof format. Although the rarity has sometimes been overstated in the past, there are relatively few Proofs known. Estimates range from just 10 pieces (Walter Breen) to 12 to 15 coins (David Akers). The PCGS estimate is 10 to 15 surviving examples, which has remained unchanged for at least 15 years. These estimates further suggest that the certified population (33 coins at PCGS and NGC combined) is greatly inflated by resubmissions and crossovers. The NGC population is only 2 with 1 graded higher.

Listed at $30,500 in the NGC price guide.

Offered at $22,960

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1854-O Three Dollar Gold Piece NGC MS61

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Very Rare Unc. O-mint

While 1854-D is a great rarity, more than a thousand 1854-O examples remain from the mintage of 24,000 pieces, typically in XF to AU grades. Mint State representatives are surprisingly rare, given the tendency of the public to set aside new designs and denominations during the introductory year of issue. In hand, this one is more of a yellow-gold than orange-gold color and much more lustrous than seen in our images. The NGC population is just 10 with 7 higher.

Offered at $39,375 delivered

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A Pair of Kellogg & CO. $20’s NGC MS60 and NGC MS61

Sirhc

No Cereal

John Grover Kellogg was one of the most respected assayers and coiners in San Francisco during the Gold Rush. He was involved in many of the preeminent refining operations of the period, partnering with the likes of John Moffat, G.F. Richter, and Augustus Humbert from 1849 through 1860. In 1854, these $20 gold pieces served a vital role in commerce during the time between the closure of the United State Assay Office and the full operation of the San Francisco Mint, which opened in April of that year.

1854 NGC 60 Offered at $25,875 delivered

1855 NGC 61 Offered at $30,475 delivered

Pair Price $55,000

We do business the old fashioned way, we speak with you. Give us a call for price indications and to lock trades.

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1854 T-1 Gold Dollar NGC MS67

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Tied for Highest Graded

The mintage for the 1854 gold dollar was not as large as the preceding three P-mint gold dollar deliveries; however, it was still a respectable 855,502 pieces. It’s not surprising, therefore, that this issue remains popular among type collectors who desire an attractive representative of James Longacre’s Type One design. While the average collector would happily settle for an MS64 or MS65 example, gold specialists who pride themselves on unrivaled numismatic beauty should go for this beauty. The NGC population is just 10 with none higher.

Offered at $12,900 delivered

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1854 Large Date Liberty Double Eagle PCGS/CAC AU58

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Large One (Date)

Much scarcer than its Small Date counterpart, the Large Date 1854 double eagle continues to gain popularity among collectors as one of the premier Type One varieties in the series. It is a considerable condition rarity as well as an absolutely scarce variety, represented by only a small fraction of the total 1854 mintage of 757,899 pieces. This particular example exhibits an especially wholesome appearance. The PCGS population is just 15 with 8 higher.

Offered at $18,975 delivered

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1854 Gold Dollar PCGS MS65

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Gem Type II

Gold dollar type collectors will find the short-lived Type Two design to be the most difficult to acquire. Of the six issues struck with the Small Head, Indian Princess dies, only the 1854 and 1855 are viable options for most type purposes and neither is particularly plentiful in high grade. Both the 1854 and 1855 issues are prone to strike weakness as a result of the high-relief design, frequently accompanied by the clash marks that are prevalent on representatives of the type.

Offered at $23,625 delivered

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1854 Kellogg & Co. $20 NGC AU58

Sirhc

No Cereal Here

The United States Assay Office of Gold ceased coinage operations at the end of 1853, making way for the opening of the San Francisco Mint in 1854. The new branch mint was unable to start coining immediately, with needed improvements to the facility taking precedence. As usual, the West Coast was in dire need of gold coinage, so the private firm of Kellogg & Company filled the void by striking twenty dollar gold pieces in February, 1854. The coinage was readily accepted in commerce, since both John G. Kellogg and G.F. Richter were former employees of the U.S. Assay Office. The coin offered here looks noticeably more lustrous and eye-appealing in hand.

Offered at $18,975 delivered

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1854 Arrows Seated Quarter PCGS MS65+

Sirhc

Gem Two Year Type Rep

In 1853, the weight of the quarter dollar was reduced from 6.68 gm to 6.22 gm, and the reduction was noted on the coins by the addition of arrows on each side of the date and a burst of rays in the reverse fields around the eagle. The rays were removed for 1854 coinage, but the arrows remained at the date until 1856. The With Arrows, No Rays type was coined at Philadelphia and New Orleans in 1854 and 1855, and at San Francisco in 1855. The 1854 Philadelphia issue is the most plentiful of these, coming from a mintage of more than 12.3 million coins. Nonetheless, Gem examples are scarce, and finer pieces are rarely offered. We expect to receive multiple orders for this coin, based on our asking price. So don’t say we didn’t warn you to hurry up and buy it!  Listed at $13,500 in the PCGS price guide.

Offered at $6,850 delivered

We do business the old fashioned way, we speak with you.

(800) 257.3253
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Price is based on payment via ACH, Bank Wire Transfer or Personal Check.
Major Credit Cards Accepted, add 3.5%
Offer subject to availability.