Lot 1812
1852 Pattern Gold Dollar. Silver, Plain Edge, Thin Planchet. Judd-138. Pollock-165, Rarity 7. PCGS graded Proof 65 PQ. CAC Approved. The simple obverse design consists of the legend U S A above and the date, 1852 below. The reverse features a circle of olive sprigs. Struck on an annular, thin silver planchet. The surfaces are lightly toned, with attractive golden-gray and sky-blue hues in an irregular formation.
Public complaints that the standard gold dollar coin of the day was too small and easily lost led to this annular design. Using this format, a coin with a larger diameter could be made using the same weight and fineness specifications as the gold dollar. Unfortunately, the annular design did not function well in high-volume coining operations and was never adopted.
Pop 1; none finer at PCGS. (PCGS # 11583) .
Estimated Value $10,000-UP.
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