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Lot
4658

1852 PG$1 Gold Dollar, Judd-147, Pollock-175, Low R.7, PR66 Red and Brown NGC. CAC....

2012 May 30- June 3 US Coins Signature Auction- Long Beach #1171

 
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Auction Ended On: Jun 1, 2012
Item Activity: 8 Internet/mail/phone bidders Number of Bidders
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Location: Long Beach Convention Center
100 S. Pine Avenue
Long Beach, CA 90802

Description:
PR66 Red and Brown 1852 Annular
Gold Dollar Struck in Copper, Judd-147
1852 PG$1 Gold Dollar, Judd-147, Pollock-175, Low R.7, PR66 Red and Brown NGC. CAC. An annular pattern with a large central perforation, which would have allowed a larger-diameter gold dollar. The annular format limits the devices to a wreath and scrollwork. Gold dollars were vital to commerce in 1852, since silver coins were worth more than face value and did not circulate. Struck in copper with a plain edge, of which perhaps a dozen survive. These were also struck in gold, silver, and copper-nickel. USPatterns.com indicates that some of the gold pieces hail from 1852, but most of the rest (including this copper strike) are restrikes made circa 1859. The heavy die crack through the second L in DOLLAR indicates a later striking. This piece is attractively toned in cherry-red and apple-green, and the surfaces are flawless aside from light Mint-made roller marks on the reverse near 4 o'clock.
Ex: Phoenix ANA Signature (Heritage, 3/2008), lot 1321; Boston ANA Signature (Heritage, 8/2011), lot 5642. (PCGS# 11611)

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