Estimated grade. Sold by B. Max Mehl Jun '41 price realized $5.25
David Akers (1975/88): It is interesting to note that the auction survey indicates that the 1854 Type II and 1855 are virtually of identical rarity, both from the standpoint of number of appearances (222 and 223 respectively) as well as from the standpoint of average grade. The data also indicates that the 1854 Type II is the third most common of all gold dollars, and so the relatively high price it brings is due solely to its being a definite type coin. High grade examples, that is AU or Unc. pieces, are readily available, and even gem specimens are encountered with regularity. Many specimens show numerous clash marks on both obverse and reverse as well as a weakness in the LL of DOLLAR and the 85 of the date. Full date specimens, however, are definitely more common than they are for 1855.
James Walter Carter & Margaret Woolfolk Carter Collections - Stack's 1/1986:29 - David Akers “Auction '89” 7/1989:1341 - American Numismatic Rarities 7/2003:624, $92,000 - Southwest Collection - Heritage 2/2008:2330, $149,500