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    1878 Morgan Dollar Mule-Fantasy Piece, Judd-1565
    High R.7, One of Possibly Five Known
    PR65 Red

    1878 $1 Morgan Dollar, Judd-1565, Pollock-1732, High R.7, PR65 Red NGC.
    This is a muling of the obverse of Judd-1550A/1550B (Pollock-1725/1726) with the reverse of Judd-1554/1555 (Pollock-1733/1734). The obverse is similar to the adopted Morgan dollar, with the point of the bust truncation nearer to star 1 than to the 1 in the date. The wheat ear in Liberty's cap is distant from the R in PLURIBUS. On the reverse an eagle with drooping wings occupies the center, with UNITED STATES OF AMERICA and ONE DOLLAR, the latter in minuscules, at the rim. E PLURIBUS UNUM appears arcing in a Gothic font above the eagle. The upright of the B in PLURIBUS is centered under the tip of the right bottom serif on the second T of STATES, and the M in UNUM is slightly left of center of the M in AMERICA. Struck in copper with a reeded edge.

    Pollock notes that this is "a muling of incongruously matched dies having the motto E PLURIBUS UNUM on each side." This piece was struck at or near the zenith of Mint clandestine pattern production for profit. It almost appears that any obverse was paired with any available reverse in the search for new varieties with which to satiate the collecting public. At least the Mint--usually--drew the line at pairing two obverses or two reverses together. Note that with the appearance of this Lemus Collection specimen, Heritage has handled three of the known specimens.

    Physical Description.
    Wonderfully original mint red abounds on both sides of this charming Gem, with equal amounts of eye appeal that are immediately suggestive of an even finer grade. That higher grade may be defeated only by some completely trivial carbon on the obverse. Pollock notes that this piece weighs 342.1 grains, with a diameter of 1.491 in. and coin-turn die alignment. NGC Census: two PR65 Red, one PR67 Brown Cameo. PCGS Population: two PR65 Red (11/08).

    According to from which this census is expanded, possibly five examples are known:
    1. Abe Kosoff; Auction '85 (Paramount, 7/1985), lot 1312. The present specimen.
    2. Dr. Edward Maris (Harlan P. Smith, 6/1886), lot 215; Garrett-Johns Hopkins University; Garrett II (Bowers and Ruddy, 3/1980), lot 1053; Jascha Heifetz (Superior, 10/1989), lot 3323; ANA (Heritage, 8/2007), lot 2189. PR65 Red and Brown PCGS.
    3. Dr. J. Hewitt Judd; Abe Kosoff; Harry W. Bass, Jr.; Harry W. Bass Research Foundation; Bass (Bowers and Merena, 5/1999), lot 1279; Rarities Sale (Bowers and Merena, 1/2000). PR65 Red PCGS.
    4. ANA (Bowers and Merena, 8/1989), lot 4181; Chalkley Collection (Superior, 1/1990), lot 2787; Auction '90 (Superior, 8/1990), lot 1439; Marin (Don Kagin and Andy Lustig); Rarities Sale (Bowers and Merena, 8/1998), lot 2104; Superior (5/1999), lot 3211; Vanek Collection (Heritage, 7/2007), lot 2262. PR65 Red PCGS.
    5. A possible fifth piece. PR67 Brown NGC.
    From The Lemus Collection, Queller Family Collection Part Two. (NGC ID# 2AFH, PCGS# 81927)

    View all of [The Lemus Collection, Queller Family Collection Part Two ]

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    Auction Info

    Auction Dates
    January, 2009
    7th-11th Wednesday-Sunday
    Bids + Registered Phone Bidders: 6
    Lot Tracking Activity: N/A
    Page Views: 1,143

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    With the superb catalog, a masterwork prepared by Mark Borckhardt, the sale was destined to meet all of my expectations; that it did, and then some. Be assured that I would highly recommend Heritage Auctions to any of my associates contemplating the sale
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