1903 Louisiana/Jefferson Proof Gold Dollar
1903 G$1 Louisiana Purchase/Jefferson Gold Dollar Proof,
Uncertified, With Original Signed and Wax-Sealed Mint
Certificate. Bearing the number 56 in the corner of its
certificate, this gold dollar was apparently the 56th of 100 proofs
struck. The entire certificate reads:
In Original Signed and Sealed Mint Certificate
56th Out of the First 100 Struck
"This is to Certify, that the accompanying LOUISIANA PURCHASE EXPOSITION GOLD DOLLAR struck at the mint of the United States, Philadelphia, in accordance with an Act of Congress approved June 28th, 1902, [underlined] is one of the first one hundred impressions from the Jefferson dies." (Signed) Rhine R. Freed, Coiner / John M. Landis, Superintendent.
A heavy string holds the coin mounted into the certificate, sealed at the bottom of the string with a red wax seal embossed SUPT. U.S. MINT PHILA., although about half of the wax seal has broken away. The entire ensemble is mounted inside a modern-era Capital plastic screw-mount holder.
A best guess for when these proof coins were issued would be December 1902, when the Mint presumably struck the proofs before beginning to produce around 75,000 examples of the McKinley and Jefferson coins combined.
Proof Jefferson gold dollars survive to the extent of perhaps 80 to 90 coins today, but this is the first we have ever encountered in the original packaging with circa-1902 security features intact. Recent sales include the PR66 PCGS specimen in the Baltimore Auction (Bowers and Merena, 2/2008), lot 2285, which realized $27,025. The obverse shows a couple of dark spots in the legend but the reverse is spot-free. We grade this piece PR63. (NGC ID# BYMF, PCGS# 7482)
Weight: 1.70 grams
Metal: 90% Gold, 10% Copper
Learn more at the Newman Numismatic Portal at Washington University in St. Louis.
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