Feb. 16, 2001, The Benson Collection Part 1, Sale 8

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U.S. Territorial Gold Coins

Lot 4218 Click on photo for enlarged version Click on photo for enlarged version
Christopher Bechtler, ONE DOLLAR CAROLINA, 28 gr., N reversed. PCGS graded MS-61. Lovely antique copper toning over the slightly prooflike fields, and with the appearance of a higher grade. We note 3 very faint scratches at the center of the reverse in the field below 28G, which keep this from a higher grade. Minor hairlines, but boldly struck and always popular for the reversed N obverse.
Estimated Value $3,000-3,500.

Lot 4219 Click on photo for enlarged version Click on photo for enlarged version
Christopher Bechtler, 5 DOLLARS CAROLINA, 140 gr. 20 carats. Plain edge, Kagin-17, Rarity-5. PCGS graded AU-53. A rare coin in high grade, this one has lovely gold toning with hints of copper mixed in and clean surfaces. There are a few minor rim marks above GOLD and there may be traces of undertype below ATS of CARATS. As always, examine the surfaces carefully to see if this is the coin for your collection.
Estimated Value $6,000-7,000.

Rare 1849 Norris, Gregg & Norris $5

Lot 4220 Click on photo for enlarged version Click on photo for enlarged version
1849 Norris, Gregg & Norris (San Francisco) $5 Gold. Plain edge. MS-60 Semi-Prooflike. Here is a choice coin that boasts lovely copper toning on both sides and well struck devices. The fields and surfaces show moderate handling marks, but they are better than one would expect for the grade. The color is exceptional. Well struck, with the 5 on the shield clear. One of the most popular and rare of the early territorial gold issues which is seldom found at all, much less in mint state grades. Take a look and see if this is one for your collection. Color photo.
Estimated Value $12,000-15,000.

Lot 4221 Click on photo for enlarged version Click on photo for enlarged version
1849 Norris, Gregg & Norris (San Francisco) $5 Plain edge, struck in copper. AU-55. This is a very unusual piece, the obverse eagle is from a different die punch than that used on the 1849 Norris, Gregg & Norris pieces, and the dentils are spread apart and not touching, unlike the original dies. However, the reverse is very close to the original dies, although the placement of the stars and other devices varies a bit from the known production pieces. No doubt similar to the Horsemen Baldwin & Co. "restrikes" noted in the Kagin reference work Private Gold Coins and Patterns of the United States on page 367, and possibly the same maker.
These territorial gold coins have long been popular with collectors, and the origin of this piece is uncertain, it does not appear to be struck from known dies, but is a close simulation. The edge is plain, and the surfaces quite choice. An excellent coin to study, and we were unable to locate any record of its existence or others like it, and it came with no pedigree information. One to research, and we can not say for sure that it was or was not made by the Norris, Gregg & Norris company.
Estimated Value $1,500-UP.

Splendid U.S. Assay Office Slug in AU-58

Lot 4222 Click on photo for enlarged version Click on photo for enlarged version
1851 U.S. Assay Office $50 "slug", 880 THOUS. Lettered edge, no 50 on reverse, K-2. AU-58. This one has especially nice surfaces, with areas of coppery toning hidden in the devices. On the reverse, the engine turned design is quite nice, although there are a couple of minor planchet flaws noted on the lower reverse. We note that HUMBERT is upside down on the edge. Free of the usual heavy edge knocks, and far better than normally seen for this popular issue. We do note some very faint tooling on the edges, but this is visible only with a glass and does not detract from this important coin.
Estimated Value $17,500-22,500.

1853 U.S. ASSAY OFFICE $20, 884 THOUS

Lot 4223 Click on photo for enlarged version Click on photo for enlarged version
1853 U.S. Assay Office $20 Gold, 884 THOUS. ANACS graded Sharpness of AU-50 details, net EF-40, damaged. This one looks like it was recovered from a shipwreck or something similar. The edges have some dents, one above the first S of STATES, another above A, a large one at the base of the obverse and a dig below the Y of TWENTY. On the reverse there are more bumps and the central lettering has marks from contact with something heavy. The surfaces show some hairlines but all the devices are sharp and clear. A coin to be inspected as the problems noted are not that uncommon to these large, soft gold coins.
Estimated Value $6,000-7,000.

Scarce 1853 U.S. Assay Office $20, 900 THOUS

Lot 4224 Click on photo for enlarged version Click on photo for enlarged version
1853 U.S. Assay Office $20 Gold, 900 THOUS. MS-60 Plus. Frosty luster in the fields surrounding the devices and sharply struck. There is a curious scuff area above the eagles head which may have been slightly touched up. Examination of the surfaces will find hairlines in the fields, but they are not troublesome. One edge mark on the right side of the reverse and a beautiful coin overall.
Estimated Value $5,500-6,500.

Lot 4225 Click on photo for enlarged version Click on photo for enlarged version
1860 Clark, Gruber & Co. (Denver, Colorado) $2.50 Gold. PCGS graded AU-55. Sharply impressed by the dies and well preserved. A few trivial hairlines probably as much from circulation as handling. One tick above Liberty, near her hair bun, and a couple of shallow marks on Liberty's face. One for the territorial specialist.
Estimated Value $4,000-4,500.

Lot 4226 Click on photo for enlarged version Click on photo for enlarged version
1861 Clark, Gruber & Co. (Denver, Colorado) $2.50 Copper die trial. PCGS graded MS-65. Deep brown in color on the obverse, the reverse has some dark greenish color along the lower half, otherwise brown. This is the finest graded by PCGS and alone in its grade category. Sharply struck and well preserved, the fields and devices are quite nice, keeping this firmly in the gem class.
Estimated Value $6,000-7,000.

Lot 4227 Click on photo for enlarged version Click on photo for enlarged version
1861 Clark, Gruber & Co. (Denver, Colorado) $2.50 Gold. PCGS graded MS-61. One of just 5 so graded by PCGS with only 3 graded higher of this important Territorial issue. Weakly struck on the high points and with light scuffs on Liberty's cheek from handling.
Estimated Value $7,000-UP.

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