1870 Gold Dollar in Copper
1870 G$1 Gold Dollar, Judd-1023, Pollock-1158, High R.7, PR65
Red and Brown NGC.
Judd-1023, PR65 Red and Brown
Design. Struck from regular issue gold dollar dies, but in copper with a reeded edge.
Commentary. These curious pieces were most likely struck for sale to collectors as part of complete off-metal sets as there was no obvious reason for their production. Examples are also known in aluminum and nickel. Only four or five copper strikings are believed known today.
Physical Description. While designated as Red and Brown, the surfaces are more of an evenly and slightly mellowed red, yielding a rich cherry-red color overall with blue tints interspersed. The strike details are complete over each side. The only surface flaws are Mint-made, a couple of thin lint marks located around the 1 in the denomination.
Provenance. "Colonel" E.H.R. Green; Green Estate; Partnership of Eric P. Newman / B.G. Johnson d.b.a. St. Louis Stamp & Coin Co.; Eric P. Newman @ $50; Eric P. Newman Numismatic Education Society.
From The Eric P. Newman Collection. (NGC ID# 2A27, PCGS# 71271)
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A powerful and intimidating dealer of the 1960s, backed by important colleagues, was accused of selling fraudulent gold coins and ingots to unsuspecting numismatists. Who would go up against a man like that and, over the course of decades, prove the fraud? Who would expose a widely respected scholar as a thief, then doggedly pursue recovery of coins that the scholar had stolen from an embarrassed numismatic organization, all over the objections of influential collectors who had bought coins with clouded titles? Eric P. Newman would - and did. Reserve your copy today.
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