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Lot
4008

1876 $1 Sailor Head Dollar, Judd-1465, Pollock-1616, R.7, PR66+ Red and Brown NGC. CAC....

2013 April 24 - 28 CSNS US Coin Signature Auction - Chicago #1184

 
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Auction Ended On: Apr 25, 2013
Item Activity: 11 Internet/mail/phone bidders
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Location: Renaissance Schaumburg Convention Center Hotel
1551 North Thoreau Drive
Schaumburg, IL 60173

Description:

1876 Pattern Dollar, PR66+ Red and Brown
Sailor Head Obverse, Judd-1465, Pollock-1616
1876 $1 Sailor Head Dollar, Judd-1465, Pollock-1616, R.7, PR66+ Red and Brown NGC. CAC.
Design.
The obverse features the "Sailor Head" of Liberty, with pearl beads on the coronet, the motto above, date below, an arc of seven stars on the left, and six on the right. An open laurel wreath surrounds the denomination on the reverse, with UNITED STATES OF AMERICA above, and E PLURIBUS UNUM below. Struck in copper, with a reeded edge.

Commentary. Just eight copper specimens are known, including one in the Connecticut State Library. NGC and PCGS have certified six submissions of this pattern dollar variety, and the Newman specimen is the finest of all six certification events. The others include two graded PR64 Brown, two others called PR65 Red and Brown, and one piece graded PR66 Red and Brown. In addition to the copper pieces, two examples are known in silver, struck on Trade dollar planchets. Saul Teichman suggests at USPatterns.com that these may have been intended as Trade dollar patterns since the two silver pieces weigh the same as Trade dollars. However, no standard silver dollar planchets were in production at the time and it is doubtful the Mint would have changed the settings to produce standard silver dollar planchets.

Physical Description. An extraordinary Premium Gem, the Newman example exhibits fully mirrored fields around sharply detailed and satiny devices. Both sides retain considerable original orange mint color that is especially vibrant on the reverse. Delicate blue and brown patina accompanies the impressive color. Although a few faint hairlines are visible with magnification, there are no carbon flecks or other imperfections on either side.
From The Eric P. Newman Collection. (PCGS# 71787)

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