Description

    1872 Indian Round Dollar, MS63 Prooflike
    BG-1208, Rare TOKEN Reverse

    1872 $1 Indian Round Dollar, BG-1208, Low R.6, MS63 Prooflike NGC. Besides being of the popular Indian head one dollar format, the BG-1208 variety is held in special regard by series specialists as the only one in the entire California fractional gold range that bears the word TOKEN. The addition of the word was assuredly a reaction to the arrest of the Leavenworth, Kansas, makers Hershfield and Mitchell by the Secret Service for violating the Private Coinages Act of June 1864; even though the government's case was later abandoned, it cost the makers their livelihood and $80,000 to defend against the case. This Select piece shows honey-gold, lustrous surfaces with a few stray marks on each side, but it has much to commend itself to collectors. Census: 2 in 63 Prooflike, 1 finer (11/15).
    From The Elbert Henry Gary Collection. (NGC ID# 2C47, Variety PCGS# 710953, Base PCGS# 10953)


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    Auction Dates
    January, 2016
    6th-11th Wednesday-Monday
    Bids + Registered Phone Bidders: 9
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