Goldberg Coins and Collectibles

6 Items Found

Photo Description Value
Sale 32

Lot 2311
1879 Pattern Goloid Metric Dollar. Goloid, reeded edge. PCGS graded Proof 65. Nice white example. A popular, affordable Pattern dollar. Far rarer than would be a Morgan dollar Proof dated 1879, and yet in this grade of Proof 65, the Judd-1626 dollar is actucally much less expensive! Go figure. Pop 3; 6 finer by NGC (PCGS # 62004) .

Congressmen being congressmen, they are prone to formulating every sort of harebrained plan for bettering mankind's condition. Hubbell's "goloid" metal and metric weights and measures scheme was just such a one, and it was a humdinger. Goloid contained a teenie-tiny amount of pure gold; too little to affect the color of the coin which looks suspiciously like plain, ordinary silver. After the Mint struck an assortment of goloid and metric patterns, the whole idea was tossed into the dustbin of history. These few pieces are all we have left as a reminder of Mr. Hubbell's glorious brainchild. (Judd does not supply us with Hubbell's full name, but we do learn through a Google search that Jay Abel Hubbell, a Republican congressman from Michigan, was on the banking and currency committee and so would have a say in defining mint policy.).
Estimated Value $3,500 - 4,000.
Sale 42

Lot 3154
1879 Pattern Goloid Metric Dollar. Goloid, reeded edge. Rarity 4. PCGS graded Proof 65. Lovely yellow and golden toning on both sides. Smooth mirror surfaces combined with bold relief. While Congress was considering the adoption of Jay Abel Hubbell's goloid metal and the metric system of weights and measures, the Mint produced sets of Patterns in 1879 composed of a metric silver dollar, a metric goloid dollar, and the famous metric four-dollar gold piece or Stella.

The metric dollar offered in this lot was designed by William Barber. For the obverse of the he used the Liberty head from his rejected silver dollar design of 1878, substituting the motto E PLURIBUS UNUM for IN GOD WE TRUST. As can be seen by the photographs, this is an attractive design. Rarely available in Gem Proof condition. Pop 6; 1 in 66, 1 in 67 (PCGS # 62004) .
Estimated Value $3,000 - 3,500.
Sale 17

Lot 1830
1879 Pattern Goloid Metric Dollar. Goloid, reeded edge. Judd-1626. Pollock-1822, Rarity-4. PCGS graded Proof 64. This popular pattern issue is apparently one of the early strikings and one of the scarce planchets which incorporated the following metals: gold 5.46%; silver 84.54% and copper 10%, as opposed to the more common lightweight silver/copper planchets. We are unable to weigh this particular coin as it has been graded, but given the sharp central strike, it is likely the original planchet with the gold content. Examination of the surfaces will find some light wipe lines and these probably account for the grade. The toning on this one is irregular, with areas of gold and cloudy gray too, while the centers are generally bright. The obverse design is by William Barber and depicts a lovely rendition of Liberty, with a broad headband inscribed LIBERTY, with a few stalks of wheat and cotton tucked into her hair. On the reverse the design is quite simple, the name of our country, 38 small stars in a circle, the planchet metal contents, GOLOID METRIC DOLLAR, 100 CENTS, and DEO EST GLORIA. PCGS has graded 7 this high, with 9 graded higher. Rare and always popular with collectors (PCGS # 62004) .
Estimated Value $2,000 - 2,500.
From the Benson collection and purchased from Ira S. Reed's auction of May 27, 1944 as lot 971 for $12.50.

Sale 98

Lot 1163
1879 Pattern Goloid Metric Dollar. Goloid, reeded edge. Judd-1626. Pollock-1822. Rarity 4. PCGS graded Proof 63. Fully brilliant example. Pop 28; 21 finer, 11 in 64, 8 in 65, 1 in 66, 1 in 67. (PCGS # 62004) Estimate Value $1,300 - 1,400
Sale 31

Lot 721
1879 Pattern Goloid Metric Dollar. Goloid, reeded edge. PCGS graded Proof 60. Among the many 1879 patterns is this goloid alloy William Barber design portraying Liberty wearing a broad banded cap. This specimen has been cleaned with the resulting brightness and hairlines on both sides.
Goloid was an interesting alloy of 16 parts gold and one part silver with copper added for strength, but was rejected for coinage because of the difficulty in subsequent analysis if required. Goloid metric patterns were made from 1878 to 1880 (PCGS # 62004) .
Estimated Value $1,000 - 1,250.
Sale 26

Lot 1471
  1879 Pattern Goloid Metric Dollar. Goloid, reeded edge. Judd-1626. Pollock-1822. Rarity-4. PCGS graded Proof 60. Dark steel gray fields with evidence of an old cleaning (PCGS # 62004) .
Estimated Value $1,200 - 1,400.

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