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Lot
1782

1870 $1 Dollar, Judd-1014, Pollock-1148, Low R.7, PR63 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
466 page views
Location:

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

Description:
Delightful 1870 Indian Princess Pattern Dollar
Longacre's Masterpiece
Judd-1014, PR63
1870 $1 Dollar, Judd-1014, Pollock-1148, Low R.7, PR63 NGC.
Design.
The obverse features Liberty, in the guise of an Indian princess, facing left. One hand rests on a globe with LIBERTY inscribed, while the other supports a Liberty pole. Behind her are two flags, one displaying 22 stars. An arc of 13 stars surrounds the central figure, with the date below. Longacre's signature is located below the base. The reverse die is from the same design used in regular-issue coinage for 1870. Struck in silver with a reeded edge.

Commentary.
James Barton Longacre died on January 1, 1869. His beautiful Indian Princess pattern design was executed posthumously by William Barber, who succeeded him as chief engraver. Barber faithfully preserved Longacre's vision, which had been conceived no later than 1852, the date of a sketch by Longacre that resembles the finished design in every detail. A note from Longacre to Mint Director George Eckert survives in which the designer explains the significance of his devices: "... its purpose is to express a representation of America, by a female figure, in aboriginal costume, seated, contemplating one of the usual emblems of liberty, elevated on a spear, which she holds in her right hand; her left hand resting on a globe, presenting the western hemisphere ... ." The issue was designed in extremely high relief, giving the finished product a stunning, medal-like appearance. The difficulties involved in high volume coining of high relief issues probably caused the Mint to abandon this lovely design.

USPatterns.com estimates fewer than a dozen specimens of Judd-1014 are extant. Advanced collectors should bid aggressively to acquire this piece, as auction appearances are quite infrequent.

Physical Description.
The inherent beauty of Longacre's design is fully realized in this magnificent specimen. A fantastic strike complements the brightly reflective fields to produce almost three-dimensional contrast. Every detail of the design elements is fully brought up. Light golden-brown color blends with an aurora of crimson and blue at the periphery to create a visual delight. NGC Census: 2 in PR63, 1 finer. PCGS Population: 2 in PR63, 1 finer (12/08).

Provenance.
Unknown.
From The Lemus Collection, Queller Family Collection Part Two. (PCGS# 61262)

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