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Lot
1439

1876 $1 Dollar, Judd-1467, Pollock-1618, High R.7, PR66 NGC....

2009 May Long Beach, CA Signature US Coin Auction #1125

 
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Auction Ended On: May 29, 2009
Item Activity: 16 Internet/mail/phone bidders
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Location:

Long Beach Convention Center
100 S. Pine Avenue
Long Beach, CA 90802

Description:
1876 'Liberty at the Seashore' Dollar
Struck in Silver, Judd-1467
PR66, Tied for Finest Known
1876 $1 Dollar, Judd-1467, Pollock-1618, High R.7, PR66 NGC. The obverse shows Liberty seated on the seashore, holding an olive branch, with conjoined flags behind her. A steamship is in the distance. Liberty's left hand rests on a globe inscribed LIBERTY, although the word is rather weak on all examples we have seen. Between the base and the date, IN GOD WE TRUST is presented in a cartouche. The reverse is rather plainly laid out, with ONE DOLLAR in the center, surrounded by an olive wreath. UNITED STATES OF AMERICA rings the upper margin and E PLURIBUS UNUM in small letters at the bottom reverse. Struck in silver with a reeded edge.
Three of the five pieces identified in the following roster were struck on Trade dollar planchets, suggesting that this pattern variety was intended as a Trade dollar pattern, even though the reverse inscription suggests otherwise. The Judd-1467, 1468, and 1469 patterns should be included among the many U.S. Trade dollar patterns produced in the 1870s. It is said (by Adams and Woodin) that just five were struck, and we list exactly five different examples below. NGC has certified five submissions, including this and another PR66, a PR65 Cameo, and a PR64. PCGS has certified two submissions, a PR63 and a PR64.
This Premium Gem is tied with the King Farouk specimen as the finest certified, and its aesthetic desirability suggests that it is the single finest known example. Both sides have fully mirrored fields and lustrous devices, created a desirable cameo contrast beneath the gorgeous gray-gold surfaces. The borders have delightful blue and iridescent peripheral toning. The overall appearance is entirely original and pristine, easily a coin for those who desire the best available quality.

We are able to account for the following examples:

1. PR66 NGC. Abe Kosoff, 1/1956, envelope included. The present example.

2. PR66 NGC.
U.S. Mint; W.H. Woodin; Waldo Newcomer; F.C.C. Boyd; King Farouk (Sotheby's, 2/1954), lot 1962; Dr. J.H. Judd (Abe Kosoff, 1962 Illustrated History), lot 485; Bowers and Merena (11/1985), lot 1098; Novoselsky; Kagin's; Heritage (5/2001), lot 9478; Superior (10/2001), lot 2654; Heritage (1/2007), lot 1527. 419.7 grains per Pollock. Plated in Pollock.

3. PR64 Cameo PCGS.
Bowers and Merena (11/1993), lot 1406; American Numismatic Rarities (9/2003), lot 80; American Numismatic Rarities (6/2004), lot 1679. 419.9 grains per Bowers and Merena.

4. PR63 PCGS.
Julian Leidman; Rogers M. Fred, Jr. Collection (Bowers and Merena, 11/1995), lot 2305; Heritage (5/2005), lot 8338; American Numismatic Rarities (1/2006), lot 926. 419.7 grains per Bowers and Merena. Plated in the 10th edition of the Judd reference.

5. Proof.
Lester Merkin (9/1968), lot 466; Lester Merkin (6/1971), lot 892. Plated in both catalogs and different from any of the others.

A. Proof.
Abner Kreisberg (6/1965), lot 3718; Abner Kreisberg (11/1965). Unplated.
From The Frank M. Stirling Collection. (PCGS# 61789)

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