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Lot
1218

1852 PG$1 Annular Gold Dollar, Judd-141, Pollock-169, High R.6, PR64 PCGS. The obverse has the letters USA above and the da...

2007 January Orlando, FL (FUN) Signature Coin Auction #422

 
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Auction Ended On: Jan 3, 2007
Item Activity: 6 Internet/mail/phone bidders
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Location: Orlando, FL
Description:
Intriguing 1852 Annular Gold Dollar, Judd-141
1852 PG$1 Annular Gold Dollar, Judd-141, Pollock-169, High R.6, PR64 PCGS. The obverse has the letters USA above and the date below. The reverse design has the denomination expressed as DOLLAR above and a wreath below. Struck in gold with a reeded edge. The theory behind production of the annular or ring-type planchet was simply a larger physical diameter for the smallest gold coin denomination, although preparation of the planchets must have been difficult. It may also be surprising to some that the Mint also experimented with a similar annular half dollar gold piece.
This is one of few pattern gold pieces actually struck in gold. It is actually more plentiful than most with about a dozen examples known. In addition, this design is also known in silver, nickel, and copper composition. Some students of the pattern series believe that these pieces may have been restrikes, produced at an unspecified later date. This example has reflective light yellow-gold surfaces on both sides with a few minor blemishes. A small copper toning spot is evident on the obverse at about 4 o'clock. Some minor lint marks are evident on both sides, and the interior edge of the ring has a slightly ragged appearance, a result of planchet preparation.
From The Jones Beach Collection. (PCGS# 11593)

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