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    Description

    1878 Goloid Dollar, PR64
    Judd-1557, Pollock-1749

    1878 $1 Goloid Dollar, Judd-1557, Pollock-1749, Low R.6, PR64 PCGS. CAC. 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 assessment.
    Ex: Jones Beach Collection / FUN Signature (Heritage, 1/2007), lot 1548.

    Coin Index Numbers: (NGC ID# 2AFA, PCGS# 61919)


    View all of [Important Selections from The Bob R. Simpson Collection, Part V ]

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