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    Description

    1852 'Ring' Gold Dollar Struck in Silver
    Tied for Finest Certified
    Judd-146, PR65

    1852 PG$1 Gold Dollar, Judd-146, Pollock-174, Low R.7, PR65 NGC.
    Design.
    The obverse features a line design, described as a circle of six bows by early catalogers, around the central perforation. The legend UNITED STATES OF AMERICA around, with 1852 below. The reverse consists of the denomination DOLLAR above and an open wreath below. Struck on an annular silver planchet with a plain edge.

    Commentary.
    While Judd-146 is technically an R.7 issue, its actual availability deserves an R.8 rating. This circumstance is because no less than five examples of Judd-146 have been impounded in museum collections. This issue is less available today than it was circa 1890, before Byron Reed, J.C. Mitchelson, and B. Peyton donated their advanced collections to various institutions. Early pattern collectors were familiar with the issue, and R.C. Davis listed it as number 74 in his pioneering work on patterns. An early auction appearance of Judd-146 was in the R.C. Davis Collection (New York Coin & Stamp, 1/1890), lot 1032. In recent times, a search of auction records has uncovered only three appearances in the last 32 years.

    The present coin was purchased at the Randolph S. Rothschild Sale (Stack's, 10/2003), lot 1114. The catalogers in that sale described some unique features of this coin as follows, "Very close examination of the reverse periphery of this piece reveals a faint undertype of the legend of an 1860 Dime obverse. A small piece of the liberty cap is also visible just to the left of the undertype 'O' in the legend. We can find no evidence of an understrike on the obverse of this coin. We are thus of the opinion that the planchet used to strike this coin was initially a uniface 1860 With Legend Dime obverse die trial and was subsequently perforated and restruck as the coin offered here. Ring dollars of this issue are of the utmost rarity. In fact, we cannot find any auction records for this Judd number in this decade!" It is clearly established that the Mint was producing restrikes of this issue in the 1860s. The closing comments of the Stack's cataloger underscore the importance of the present offering.

    Physical Description.
    Strongly impressed devices, with a high wire rim above the date on the inner perforation. Pristine surfaces, with light champagne toning. NGC has graded one coin at the PR65 level, with none finer. PCGS has graded no coin this high (11/08).

    Census.
    As stated above, we believe at most three specimens of Judd-146 are available to collectors today because of the high number of pieces in institutional collections.
    1. ANA (Stack's, 8/1976), lot 3627.
    2. ANA (New England Rare Coin Auctions, 7/1979), lot 1307.
    3. The Randolph S. Rothschild Collection (Stack's, 10/2003), lot 1114. The present coin.
    4. Smithsonian Institution, Inv. No. 1985.0441.1912.
    5. B. Peyton, 11/1960; ANS Inv. No. 1960.166.192.
    6. Byron Reed; Omaha City Library; Durham Western Heritage Museum.
    7. Byron Reed; Omaha City Library; Durham Western Heritage museum.
    8. J.C. Mitchelson; Connecticut State Library.
    Other Appearances. These appearances may be duplicates of some of the coins above, but they cannot be conclusively linked.
    A. R.C. Davis Collection (New York Coin and Stamp, 1/1890), lot 1032.
    B. Woodside Collection (New York Coin and Stamp, 4/1892), lot 54.
    C. William H. Woodin's consignment to the 1914 ANS Exhibition.
    From The Lemus Collection, Queller Family Collection Part Two.

    Coin Index Numbers: (NGC ID# 299C, PCGS# 11608)


    Learn more at the Newman Numismatic Portal at Washington University in St. Louis.

    View all of [The Lemus Collection, Queller Family Collection Part Two ]

    Auction Info

    Auction Dates
    January, 2009
    7th-11th Wednesday-Sunday
    Bids + Registered Phone Bidders: 12
    Lot Tracking Activity: N/A
    Page Views: 1,155

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