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Lot
1683

1868 $5 Dual Denomination $5-25 Francs, Judd-659, Pollock-732, Low R.7, PR63 Cameo NGC....

2009 January Orlando, FL FUN Auction #1121

 
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Auction Ended On: Jan 7, 2009
Item Activity: 6 Internet/mail/phone bidders
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Location:

Orange County Convention Center
North/South Building
9400 Universal Blvd.
Orlando, FL 32819

Description:
Important 1868 International
Five Dollar Pattern, Judd-659
Struck in Aluminum, PR63 Cameo
1868 $5 Dual Denomination $5-25 Francs, Judd-659, Pollock-732, Low R.7, PR63 Cameo NGC.
Design.
Anthony Paquet's design for an international five dollar coin equal to the value of a proposed 25 franc piece. The obverse depicts Liberty, facing left, with her hair bound by a ribbon and star at the front. The reverse is simply inscribed 5 / DOLLARS / 25 / FRANCS in the center with a laurel and oak wreath surrounding. Struck in aluminum with a plain edge.

Commentary.
Examples of this pattern were coined in copper and aluminum, each with either a plain or reeded edge. The four varieties are identified as Judd-656 through Judd-659, and about a dozen of each are known, according to USPatterns.com.

Paris, France, was the site of a June 1867 international monetary convention that convened to discuss an international gold coinage based on the French franc. A coinage bill was introduced to produce a U.S. five dollar-25 franc gold coin with a weight of 124.45 grains, rather than the standard 129 grains.

Physical Description.
The blue-gray fields are fully mirrored around lustrous lighter gray devices, creating excellent contrast. Both sides have a few scuffs and hairlines, along with minor corrosion that is mostly limited to the outer rims. NGC Census: 1 in PR63 Cameo, none finer in Cameo; with 1 PR63 and 2 finer lacking the Cameo designation. PCGS Population: no PR63 Cameos, none finer in Cameo; with 2 in PR63, and 3 finer lacking the Cameo designation (12/08).

Provenance.
Auction '87 (RARCOA, 8/1987), lot 1323.
From The Lemus Collection, Queller Family Collection Part Two.
(PCGS# 60877)

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