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CSNS Signature US Coin Sale 1254  26-28 Apr 2017
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Lot 4442

Estimate: 1 USD
Price realized: 42 000 USD
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Patterns
1880 $1 Goloid Metric Dollar, Judd-1656, Pollock-1856, High R.7, PR67 PCGS. CAC. The head of Liberty shows the hair braided and coiled at the back of her head faces left. A band inscribed LIBERTY encircles her hair. There are 13 stars at the border, 7 left and 6 right. The inscription 15.3 - G. 236.7 - S. 28 - C. 14 GRAMS is centered within a circle of 38 stars on the reverse. The legend UNITED STATES OF AMERICA and the denomination GOLOID METRIC DOLLAR are above the circle, and the motto DEO EST GLORIA and 100 CENTS are below. The reverse is one of very few patterns to express the denomination in two different ways. Struck in aluminum with a reeded edge.
This is a repeat of George Morgan's Coiled Hair design that was first used in 1879, and it is also similar to the Coiled Hair design used on the four dollar stellas. These pieces were originally issued as a part of a goloid set. Only four pieces are believed known of this design in aluminum. This is an extraordinary piece. The surfaces are bright and undiminished by the passage of time with no traces of oxidation. The fields are deeply mirrored and the devices show heavy mint frost which gives the coin an unmistakable (yet unacknowledged by PCGS) cameo effect. An essentially flawless aluminum pattern and a rare opportunity for the specialist.
Ex: Chalkley Collection (Superior, 1/90), lot 2795, where it brought $35,750; Palm Beach Signature *+(Heritage, 3/2006), lot 973, where it realized $40,250.
From The Siegel Collection.

HID02901242017
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