United States: 1885 gold dollar, Type 3, ex-D.L. Hansen Collection PCGS MS65. Cert. #37566386. Numista-23120, Krause-Mishler-86. Mintage: 11,156. Ex-David Lawrence Rare Coins, Inventory #728302, 20 October 2024. The Type 3 gold dollar with Large Indian Head (1856-1889) was the final type of gold dollar struck by the United States. This coin is pedigreed to the massive and prominent collection of businessman and philanthropist Dell Loy Hansen, and the slab has a special PCGS label denoting that pedigree. This coin replaces a PCGS MS64 example with wonderful toning that I owned previously. I loved that coin, but let my friend Terry talk me out of it. So when it came time to replace it, I bought this coin. It upgrades my former coin by one grade point, but I still miss the toning on the previous one. One interesting feature to this one is the apparent planchet flaw or minor strikethrough error to the right of the date. There's a little depression or "divot" there. It has to have been a planchet flaw or strikethrough, because PCGS would not have given this coin a straight grade (let alone MS65) if that had been post-mint damage. 197500
Interesting...Senator Thomas Benton of Missouri predicted that the Double Eagle would be in greater demand than the gold dollar. He was right; the DE denomination lasted eighty-five years to the gold dollar’s forty.
I think the “divot” to the right of the date might be the reason PCGS didn’t grade it higher. Without that it probably would have graded MS-66 or 67.
The double eagle was THE GOLD COIN for last of the 19th and the 20th centuries until 1933. I didn’t realize it until I added the numbers, but almost half of the gold coins the U.S. issued from 1795 to 1933 were double eagles. That was despite the fact that the double eagle didn’t begin until 1850.