Annular 1852 Gold Dollar Pattern
1852 PG$1 Gold Dollar, Judd-141, Pollock-169, High R.7, PR64
PCGS. CAC. The obverse has the letters USA above and the date
below. The reverse design has the denomination expressed as DOLLAR
above and a wreath below. Struck in gold with a plain edge. The
theory behind production of the annular or ring-type planchet was
simply a larger physical diameter for the smallest gold coin
denomination, although preparation of the planchets must have been
difficult. It may also be surprising to some that the Mint also
experimented with a similar annular half dollar gold piece.
This is one of few pattern gold pieces actually struck in gold. It is actually more plentiful than most with about a dozen examples known. In addition, this design is also known in silver, nickel, and copper compositions. Some students of the pattern series believe that these pieces may have been restrikes, produced at an unspecified later date. This example has reflective light yellow-gold surfaces on both sides with a few minor blemishes. A faint alloy spot is evident on the obverse at about 4 o'clock. Some minor lint marks are evident on both sides, and the interior edge of the ring has a slightly ragged appearance, a result of planchet preparation.
Ex: FUN Signature (Heritage, 1/2007), lot 1218. (NGC ID# 2997, PCGS# 11593)
Learn more at the Newman Numismatic Portal at Washington University in St. Louis.
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