1878 $1 Goloid Dollar, Judd-1557, Pollock-1749, Low R.6, P...Click the image to load the highest resolution version.
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1878 Goloid Dollar, PR63+
1878 $1 Goloid Dollar, Judd-1557, Pollock-1749, Low R.6, PR63+
PCGS. Ex: Simpson. The central obverse motif depicts Liberty
facing left and wearing a cap inscribed LIBERTY. The motto E
PLURIBUS UNUM follows the upper border with the date below. Seven
stars are placed at the left border with six at the right border.
Ears of wheat and bolls of cotton ornament the cap. A circle of 38
stars on the reverse encircles the five line inscription GOLOID. /
1--G. / 24--S. / .9 FINE. / 258 GRS. The statutory legend UNITED
STATES OF AMERICA and denomination ONE DOLLAR are placed along the
border outside the circle of stars. Struck in goloid with a reeded
edge. The goloid pieces made their first appearance in 1878 after a
patent was awarded to Dr. Wheeler William Hubbell for his
composition of gold, silver, and copper. Hubbell's alloy was
essentially a self-enrichment scheme that lacked any genuine
scientific merit. It was abandoned relatively quickly. This goloid
metric dollar is toned in ice-blue and peach-gold patina. Trivial
hairlines and contact marks barely prevent a near-Gem
Ex: Jones Beach Collection / FUN Signature (Heritage, 1/2007), lot 1548.
Coin Index Numbers: (NGC ID# 2AFA, PCGS# 61919)
Learn more at the Newman Numismatic Portal at Washington University in St. Louis.
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