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Lot
1219

1852 PG$1 Gold Dollar, Judd-145 Thick, Pollock-173, Low R.6, PR66 PCGS. An annular pattern with a wide opening that restric...

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

 
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Auction Ended On: Jan 3, 2007
Item Activity: 5 Internet/mail/phone bidders
2,173 page views
Location: Orlando, FL
Description:
PR66 1852 Annular Gold Dollar, Judd-145 Thick
1852 PG$1 Gold Dollar, Judd-145 Thick, Pollock-173, Low R.6, PR66 PCGS. An annular pattern with a wide opening that restricts the legends to the date, denomination, and country name. Room is found on the lower half of the reverse for a wreath ornament. Struck in gold with a plain edge. The issued gold dollar was essential to commerce in 1852, since silver coins were hoarded at the time. The gold dollar was a small piece and easily lost. This annular pattern was intended to provide the gold denomination in a larger, more convenient form. Various simple designs were struck (Judd-136 to Judd-148), but the implemented solution was to reduce the weight of several silver denominations, which returned them to circulation. This is a flashy and fully struck orange-yellow Gem with exemplary preservation aside from faint striations on the obverse rim. Housed in a green label holder. Population: 1 in 66, 0 finer (10/06).
From The Jones Beach Collection. (PCGS# 11602)

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