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Lot
3731

1875 G$1 Gold Dollar, Judd-1433, Pollock-1576, R.8, PR64 Cameo NGC....

2010 August Boston, MA Signature & Platinum Night ANA Coin Auction #1143

 
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Auction Ended On: Aug 11, 2010
Item Activity: 4 Internet/mail/phone bidders
582 page views
Location:

Hynes Convention Center
900 Boylston Street
Boston, Massachusetts 02115

Description:

1875 Aluminum Gold Dollar Striking
Judd-1433, PR64 Cameo
Only Four Pieces Believed Known
1875 G$1 Gold Dollar, Judd-1433, Pollock-1576, R.8, PR64 Cameo NGC. Traditionally considered a regular dies trial striking, the copper and aluminum examples of this issue are now believed to have been struck for collectors as part of complete off-metal date sets. Struck in aluminum with a reeded edge. Only four examples are believed known of this rare aluminum striking.
We do not have a record of anyone else who has sold this aluminum pattern in recent years, except in our 2008 Long Beach Auction. Prior that appearance of this piece the USPatterns.com website had a composite image for this Judd number. (Now this coin is featured.)
As mentioned in the appearance above in the description for the Judd-1432, the popularity of this issue primarily stems from the rarity of this date in both business strike and proof format. It must be remembered that collectors in the 19th century were not particular about business strikes and proofs or the relative rarity of each. That information simply was not available. However, many collectors thought a proof was "better" than a business strike, and when possible such coins were included in date sets. Aluminum patterns were rarely encountered and quite an exotic find. It is easy to imagine a 19th century collector incorporating this piece in a date run of gold dollars. It may, in fact, have been the highlight of such a set.
As expected, the fields are deeply reflective, and as often seen on aluminum patterns the devices show a considerable amount of mint frost. Numerous tiny planchet flakes are seen on each side. While these are of mint origin their appearance give the impression of surface disturbances, which explains the PR64 grade.
Ex: 2008 February Long Beach Auction (Heritage, 2/2008), lot 2312, where it realized $43,125.
From The Bob Simpson Collection. (PCGS# 61740)

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