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Lot
8015

1879 $1 Goloid Metric Dollar, Judd-1626, Pollock-1822, R.4,...

2004 August Pittsburgh, PA Signature Sale #352

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Auction Ended On: Aug 21, 2004
Item Activity: 5 Internet/mail/phone bidders
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Location: Pittsburgh, PA
Description:
Nearly Untoned Goloid Metric Dollar
1879 $1 Goloid Metric Dollar, Judd-1626, Pollock-1822, R.4, PR62 Uncertified. William Barber's design for the Goloid Metric dollar with a large head of Liberty on the obverse, paired with a reverse that carries numerous statutory as well as elemental inscriptions. A circle of stars about the central inscriptions breaks the otherwise continuous wording. Struck in goloid (5.46% gold, 84.54% silver, 10.00% copper) with a reeded edge. Goloid was an alloy patented by Dr. Wheeler Hubbell and it consisted of gold, silver, and copper in various proportions. The idea behind goloid was to make the silver dollar smaller and lighter, and also to create the famous four dollar gold piece or stella for use as an international coinage. This brilliant and nearly untoned piece displays just a hint of dappled gold color over the obverse. The design elements are sharply struck, save for a touch of softness in portions of Liberty's hair, and in the stars on the lower part of the reverse ring. Well preserved surfaces are virtually devoid of mentionable marks.(#62004) (PCGS# 62004)

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