Unique 1876 Die Trial For the Double Eagle--Ex: Farouk

    1876 Twenty-Dollars, Judd-1492, Pollock-1645, Unique, PR 61 PCGS. Pattern striking of the 1876 double eagle from a unique die pairing. Struck in copper and gilt with a plain edge.
    The first recorded appearance of this important pattern was in the Farouk Sale (Sotheby's, 1954). Apparently no one checked at the time, and no one noticed for another 28 years, that this piece was struck from a different set of dies than the Judd-1490 and 1491 patterns. In each edition of the Judd reference it was die linked to these other pieces. But in 1982 Carl Carlson discovered that the coin was struck from different dies than the other two patterns. This coin is distinguished by the 1 in the date being extremely close to the bust of Liberty, more so than on any other pattern, proof, or business strike of 1876. Carlson speculated in an article in Coin World at the time that this die was produced between the Judd-1488 and 1490 dies. These are both unique "transitional" patterns struck in gold. The first has a Type Three obverse and Type Two reverse, the other has a Type Two obverse and Type Three reverse. This piece must have been rejected immediately as having the date far too close to the bust. As such, it is unique in that it was struck from from a different pair of dies than the other double eagle patterns of 1876. It is also the only plain edge pattern in this series, as well as being the only unique copper gilt twenty. The importance of such a coin would be difficult to overstate to the advanced gold or pattern collector. It is rarer than the famous half union pattern, and potentially more valuable. This is the first time the piece has been offered for sale since 1982, when it was last sold in Herb Melnick's R.K. Hoffman Sale.
    The pattern itself has a bright, shimmering appearance, greatly resembling a cleaned gold coin. For pedigree purposes, there are three small, pinpoint digs below the date that serve as identifiers. A rare opportunity.
    Ex: King Farouk (Sotheby's, 2/54), lot 1952; Masters (RARCOA, 5/71), lot 398; Hoffman (H.I. Melnick, 11/82), lot 79. (NGC ID# 2ADJ, PCGS# 61492)

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    Auction Dates
    August, 1995
    19th-22nd Saturday-Tuesday
    Bids + Registered Phone Bidders: 1
    Lot Tracking Activity: N/A
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    I would like to take this opportunity to express dea's appreciation for the outstanding work and expertise your office provided in handling this sale.
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