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Lot
7340

1879 S$1 Goloid Metric Dollar, Judd-1626, Pollock-1822, R.4, PR60 PCGS....

2004 November Palm Beach, FL Signature Sale #358

 
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Auction Ended On: Nov 5, 2004
Item Activity: 5 Internet/mail/phone bidders
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Location: Palm Beach, FL
Description:
1879 Pattern Goloid Metric Dollar, Judd-1626
1879 $1 Goloid Metric Dollar, Judd-1626, Pollock-1822, R.4, PR60 PCGS. 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 hairlined piece is somewhat hazy but the mirrored fields still flash through. An affordable, popular pattern Silver Dollar.
From The A. James Evans Collection.(#62004) (PCGS# 62004)

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