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Description

Elusive 1903 Louisiana/Jefferson
Gold Dollar, PR66

1903 G$1 Louisiana Purchase/Jefferson PR66 NGC. The commemorative Louisiana Purchase-Jefferson and McKinley gold dollars of 1903 were the brainchild of numismatic huckster-former ANA president Farran Zerbe, whose overpromotion of the pieces led to many collectors losing money on their purchases (issue price $3) and wholesale melting of much of the issue of 250,000 coins as unsold. Only 35,000 were actually distributed, 17,500 of each design. Only 100 pieces each in proof format were struck, and they are seldom seen. The present Premium Gem is unmistakable as a proof striking, with deeply reflective fields, squared-off rims, and cameo contrast obvious on the obverse, less so on the reverse. A couple of tiny planchet flaws in the right obverse field are as struck. NGC has seen nine submissions in the PR66 grade, plus three numerically finer PR67 Cameo and Ultra Cameo coins (9/12). (PCGS# 7482)

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Auction Info

Auction Dates
October, 2012
18th-21st
Internet/Mail/Phone Bidders: 6
Members Tracking: N/A
Page Views: 449

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