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.
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| Realized $2,645 |
