A selection of five Gobrecht dollars from the Dr. Julius Korein
Collection will be offered during Heritage Platinum Night &
Signature Auctions Jan. 8 to 14 in conjunction with the Florida United
Numismatists convention in Orlando.
The coins are duplicates from a 2009 bequest to the American
Numismatic Society from Korein, who died Nov. 12, 2008.
The coins are being offered on behalf of the society to benefit
the Chair of North American Coin and Currency of the ANS.
The Korein Collection is described as the most comprehensive
collection of varieties of the Seated Liberty pattern dollars designed
in the late 1830s by U.S. Mint Assistant Engraver Christian Gobrecht.
The collection was assembled by Dr. Julius Korein, a neurologist
famous for his research on brain death.
The coins to be offered, all examples of the Judd 60 pattern
(United States Pattern Coins by J. Hewitt Judd, edited by Q. David
➤ An original 1836 Gobrecht dollar, graded Extremely Fine details
by ANACS, 414 grains, in die alignment I (reverse oriented with the
center of Liberty’s head on the obverse opposite the DO in DOLLAR on
➤ An original 1836 Gobrecht dollar, Proof 62 graded by
Professional Coin Grading Service, in die alignment I.
➤ An 1836 Gobrecht dollar restrike, graded Proof 55, 415.6 grains,
in die alignment II (reverse oriented in medallic alignment, with the
head of Liberty opposite the ES in STATES on the reverse.
➤ An 1836 Gobrecht dollar restrike, Proof 62, 414.7 grains, in die
alignment IV (reverse oriented with the head of Liberty opposite the
word OF on the reverse).
➤ An 1836 Gobrecht dollar restrike, Proof 58, in die alignment IV.
“Dr. Korein’s donation of his collection of Gobrecht dollars was
one of the most amazing gifts of the last decades and a high point in
the development of our fabulous cabinet of US coins,” according to Ute
Wartenberg, ANS executive director. “He was fully aware of how many
lesser duplicates he owned, and he asked us to sell them over time in
order to increase the endowment of the US Chair of the society. His
most generous bequest has ensured not only that we now possess the
pre-eminent collection of these spectacular coins but also will help
to fund more activities in the field of US numismatics at the society.”
ANS curatorial staff, in consultation with numerous experts on
Gobrecht dollars, examined the collection over many months and
ultimately selected for sale more than 50 duplicates, which were all
inferior to other coins in the collection. The ANS’s collection will
retain over 40 pieces, which remains the largest and most
comprehensive collection of Gobrecht varieties in any public
collection, according to the society.
Two Gobrecht dollars were sold in the January 2011 Americana Sale
by Stack’s, and four coins were sold in November 2012 at Numismatica
Genevensis SA in Geneva, Switzerland, according to the news release.
Those sales added over $90,000 to the endowment, specifically to cover
salary and other costs of the North American Curator at the ANS.
According to the society’s guidelines on deaccessioning, all coins
will be sold at public auction.
For more information about the coins, contact Heritage Auctions
800-872-6467 or visit the firm’s website at www.HA.com.
Also available from Heritage is a comprehensive reference titled
Gobrecht Dollars: Illustrated by the Collection of Julius Korein,
M.D., published by Heritage Auction Galleries and Ivy Press in 2009.
The book is a compilation of the best known writings on Gobrecht
dollars and is based upon a series of three articles written by Jim
Gray and Mike Carboneau in 1991, 2000 and 2001 and expounded upon by
those two writers, along with scholarship by Mark Van Winkle, John
Dannreuther and Saul Teichman. The book brings together the most
up-to-date findings about Gobrecht dollars based on the coins
themselves as primary sources, rather than using secondary sources
(some of which date to 1860).
The 136-page book provides detailed, up-to-date information on
each design variant, including alignment, mintage, rarity, weight,
pedigree and description of each of the coins bequeathed to the ANS by
the late Dr. Korein. The book includes more than 100 black-and-white
and color images.
Orders can be placed online at www.HA.com/GobrechtDollars for the
Gobrecht dollars book. Each copy is priced at $75.
For more information about the ANS, write to American Numismatic
Society, 75 Varick St., Floor 11, New York City, NY 10013. The society
can also be contacted by telephoning 212-571-4470 or at