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Heritage World Coin Auctions
FUN Signature US Coin Sale 1251  4-6 & 8-9 Jan 2017
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Lot 6509

Starting price: 1 USD
Price realized: 7500 USD
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Patterns
1878 $1 Goloid Dollar, Judd-1557, Pollock-1749, Low R.6, PR66 Cameo NGC. 16.6 grams. Liberty faces left, with cap adorned with wheat ears, cotton leaves and bolls, eponymously inscribed in incuse letters. There are 13 stars ringing the rim, with the Latin motto above and date below. On the reverse the center reads GOLOID / 1--G. / 24--S. / .9 FINE. / 258 GRS. within a circle of 38 stars. UNITED STATES OF AMERICA is above, ONE DOLLAR below. Struck in goloid alloy with a reeded edge. This particular coin has been metallurgically tested and the results are: 89% silver, 5% gold, and 5% copper. In other words, this piece is really struck in goloid alloy, not coin silver. Approximately two dozen examples exist, but confusion between goloid composition and coin silver (Judd-1558) has led to confusion about the relative rarity of each. This is the only piece cited on the USPatterns.com website as having been tested. It is also the sole Judd-1557 that has received a Cameo designation. The fields display remarkable depth of mirrored reflectivity with frosted devices. Light golden toning covers the obverse, while the reverse is also golden with light lilac patina intermixed. Virtually flawless surfaces.
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