1903 Louisiana/McKinley Proof Gold Dollar
1903 G$1 Louisiana Purchase/McKinley Gold Dollar Proof,
Uncertified, With Original Signed and Sealed Mint Certificate.
Bearing the number 57 in the corner of its certificate, this gold
dollar was apparently the 57th of 100 proofs struck. The entire
In Original Signed and Sealed Mint Certificate
57th 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 McKinley 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 some small portions of the wax are breaking 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 McKinley 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. The spectacular PR67 PCGS McKinley gold dollar in lot 5198 of the Central States Signature (Heritage, 4/2006) realized a record $46,000. The obverse of this piece is a nice, bold orange-gold with a touch of alloy spotting on the rim at 3 o'clock. The reverse is quite reflective and shows more extensive alloy spotting. We grade this piece PR63. (NGC ID# BYMG, PCGS# 7483)
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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