1861 Gold Dollar. JD-1, the only known dies. Rarity-6. Proof-63 (PCGS).A rare and important early Proof gold coin that is sure to catch the eye of advanced numismatists. This is a lovely specimen at the Choice grade level, both sides with a dusting of pale silver iridescence to dominant medium gold patina. Overall satiny in finish with a fully executed strike, direct lighting calls forth appreciable reflective qualities from the fields.<p>The year 1861 represents the second in which the Mint sold Proof sets to contemporary Americans at a small premium over face value. (The 1859 Proofs were sold at face value, making it easier to speculate in such coinage -- if a private buyer could not sell the coins to a collector for a premium, they could simply spend them without financial loss!) Despite the fact that most of the 154 Proof gold dollars produced in 1860 failed to sell, the Mint increased its output of this denomination in 1861 with a mintage of 349 Proofs. All Proofs of this date were delivered on April 5, 1861, and once again most failed to sell and were melted in January of the following year. Today the Proof 1861 gold dollar is a notable rarity with John W. Dannreuther (<em>United States Proof Coins, Volume IV: Gold</em>, 2018) accounting for only 20 to 22 survivors in all grades. This is one of our few offerings for the issue in recent years, a fleeting bidding opportunity for the astute gold enthusiast.<p>Only a single die marriage is known for the Proof 1861 gold dollar, the obverse identifiable by a tiny artifact on Libertys cheek and tiny spikes in the denticles outside the letters TE in UNITED and the first letter S in STATES.From the Claudia St John Collection.