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    Description

    (1852) Annular Gold Dollar
    Judd-136, PR66

    (1852) PG$1 Gold Dollar, Judd-136, Pollock-163, High R.7, PR66 PCGS. CAC. Ex: Simpson. The first of the annular format gold dollars. Struck in gold, perforated in the center, with a reeded edge. During the first few years after the discovery of gold in California, the scales were tipped in the favor of rising silver prices, causing silver coins to be hoarded from circulation. It was proposed to circulate a larger format gold half dollar and gold dollar to fill this void, as some felt the regular issue gold dollar was inconveniently small. The matter was later remedied by the reduction of silver coinage weights and an increase in production in 1853. This first design was created from the reverse of a regular issue dime and a blank die with denticles on the opposite side. Only four pieces are recorded known. The bright gold surfaces have taken on a slight reddish tint. Remarkably well preserved.

    Coin Index Numbers: (NGC ID# 2992, PCGS# 11577)


    View all of [The Bob R. Simpson Collection, Part VI ]

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    Auction Info

    Auction Dates
    August, 2021
    18th-22nd Wednesday-Sunday
    Bids + Registered Phone Bidders: 33
    Lot Tracking Activity: N/A
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