Die Alignment III (coin turn with the eagle flying level; Liberty's head is opposite the letter N in ONE). Of the three years that Gobrecht dollars were produced - 1836, 1838, and 1839 - today, the 1838 is the date least often seen. The present coin is an attractive one, displaying the newly designed obverse with stars surrounding, and with the engraver's name removed from the base. The reverse continues the flying eagle motif, but without stars. Struck in silver with a reeded edge. The offered coin is richly toned on both sides in predominant brick-red and olive-gray with subtle blue accents at certain light angles. Nice reflectivity in the fields on both sides. All details are needle sharp. While J-84 is primarily known as a pattern, the listing of the 1838 Gobrecht dollars in A Guide Book of United States Coins has vastly increased the desire for it, similar to the situation for the listing of pattern 1879 and 1880 $4 gold Stellas. While hardly anyone will ever obtain a full collection of Guide Book listed varieties, acquiring one of each date of the distinctive Gobrecht dollar is a possibility. As noted, the 1838 is the most elusive in that regard. (PCGS 11352)