Description and Analysis
1836 SILVER GOBRECHT J-60 $1 PF
Description & Analysis
Judd-60 features the same design as on J-58/59, but the engraver's signature C. GOBRECHT F. (for fecit, or "he made it") has been discretely relocated onto Liberty's base where it is less conspicuous, and the letters are incuse. This is the most often seen variety of Gobrecht Dollar, as far more were coined than of any other. It's now generally accepted that the majority of these coins were issued as currency, though their distinctive reverse design led to many examples being retrieved from circulation with varying degrees of wear and/or damage.
There were actually three issues of this variety in silver. The first emission of 1836 was produced to the pre-1837 standard for fineness and weight, with 1,000 pieces coined. The dies are inverted in the normal "coin rotation" typical of United States issues, and the eagle correctly flies upward, with the legend stops balanced on a single horizontal plane. Another 600 were struck early the following year, with the dies in "medal rotation." This may have been done intentionally as some test of striking and wearing quality from one emission to the next. Finally, restrikes were produced during the 1860s-70s having the dies in coin rotation but with the eagle incorrectly flying level. The conform to the 1837 standard of .900 fine silver and a weight of 412.5 grains.