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    Description

    1865 With Motto Pattern Dollar in Silver, PR65
    Judd-434, Extremely Rare

    1865 $1 With Motto Dollar, Judd-434, Pollock-507, Low R.7, PR65 NGC. CAC. This gorgeous Gem proof With Motto 1865 pattern dollar has faint lilac and gold toning over the deeply mirrored fields and frosty devices. It is not designated as a Cameo, although subtle field-device contrast is present. Both sides shows excellent design details and seemingly pristine preservation.

    Variety: Judd-434, Pollock-507, Low R.7. The obverse die features the standard Seated Liberty motif used in regular-issue coinage in 1865. The reverse die consists of the familiar perched eagle design also used on circulation strikes and proofs of 1865, with the addition of a scroll above the eagle's head bearing the motto IN GOD WE TRUST. Struck in silver with a reeded edge.

    Population Data (4/15): Only about a dozen examples of this variety are believed known, per USPatterns.com. The population data reflect more examples, undoubtedly inflated by resubmissions. This is the sole finest non-Cameo example at NGC. PCGS reports one PR66 and one PR66 Cameo finer.

    Heritage Commentary: The With Motto reverse die used to strike this pattern is the same one used for regular-issue Seated dollars struck from 1866 to 1870. A prominent die line begins beneath the right serif of the N of IN and passes through the G and O of GOD to the lower ribbon border beneath the D. Another die line runs through IN G, and yet another runs through WE from the scroll fold to the left.

    With the first regular use of the reverse die in 1866, a careful comparison of such regular issue proof dollars to the reverse of this piece may help determine which, if any, examples of these patterns are originals struck in 1865, or if all are restrikes struck at a later date. The question has been debated frequently in numismatic circles with no conclusive answer. If it could be determined that the reverse of this pattern is an earlier die state than the 1866 proof dollars, then it would be proven that some of these patterns were struck before the proofs in 1866.

    Provenance: FUN Signature (Heritage, 1/2009), lot 2017; FUN Signature (Heritage, 1/2010), lot 2369.

    Coin Index Numbers: (NGC ID# 26VM, PCGS# 60619)


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    Auction Info

    Auction Dates
    May, 2015
    12th Tuesday
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