1876 Pattern Dollar, PR66+ Red and Brown
1876 $1 Sailor Head Dollar, Judd-1465, Pollock-1616, R.7, PR66+
Red and Brown NGC. CAC.
Sailor Head Obverse, Judd-1465, Pollock-1616
Design. The obverse features the "Sailor Head" of Liberty, with pearl beads on the coronet, the motto above, date below, an arc of seven stars on the left, and six on the right. An open laurel wreath surrounds the denomination on the reverse, with UNITED STATES OF AMERICA above, and E PLURIBUS UNUM below. Struck in copper, with a reeded edge.
Commentary. Just eight copper specimens are known, including one in the Connecticut State Library. NGC and PCGS have certified six submissions of this pattern dollar variety, and the Newman specimen is the finest of all six certification events. The others include two graded PR64 Brown, two others called PR65 Red and Brown, and one piece graded PR66 Red and Brown. In addition to the copper pieces, two examples are known in silver, struck on Trade dollar planchets. Saul Teichman suggests at USPatterns.com that these may have been intended as Trade dollar patterns since the two silver pieces weigh the same as Trade dollars. However, no standard silver dollar planchets were in production at the time and it is doubtful the Mint would have changed the settings to produce standard silver dollar planchets.
Physical Description. An extraordinary Premium Gem, the Newman example exhibits fully mirrored fields around sharply detailed and satiny devices. Both sides retain considerable original orange mint color that is especially vibrant on the reverse. Delicate blue and brown patina accompanies the impressive color. Although a few faint hairlines are visible with magnification, there are no carbon flecks or other imperfections on either side.
From The Eric P. Newman Collection. (NGC ID# 26WW, PCGS# 71787)
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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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