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1879 $1 Goloid Metric Dollar, Judd-1633, Pollock-1830, High R.7, PR66+ Cameo PCGS....
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1879 Coiled Hair Dollar in Aluminum
Goloid Metric Reverse, Judd-1633
PR66+ Cameo
1879 $1 Goloid Metric Dollar, Judd-1633, Pollock-1830, High R.7,
PR66+ Cameo PCGS. Ex: Simpson. The obverse bears the George T.
Morgan Coiled Head design of Liberty facing left, which will likely
be familiar to many collectors from the famous Coiled Head stella
patterns of 1879 and 1880. The reverse shows a circle of stars
enclosing 15.3 -- G. / 236.7 -- S. / 28 -- C. 14 GRAMS. GOLOID
METRIC DOLLAR. is above, DEO EST GLORIA. below, and around the rim
UNITED STATES OF AMERICA / 100 CENTS. Struck in silver or goloid
metal with a reeded edge.The goloid metallic composition, with a ratio of silver to gold of 16:1 alloyed with 10 percent copper by weight, and the so-called goloid metric composition, 24:1 silver: gold, were the brainchild of Dr. William Wheeler Hubbell. These strictly defined terms have been rather loosely applied to the patterns field. But the basic concept was flawed, despite the impressing of exact proportions of metal such coins would purportedly contain. They could be easily counterfeited, or made with all silver/copper alloy and no gold, and no one would be the wiser without subjecting the coins to chemical analysis. This was the same basic roadblock that Mint personnel had earlier encountered with fusible alloy (1792) and billon (1836 and after) metallic compositions.
At the time these aluminum pieces were struck, aluminum was more costly than gold. This piece, certified PR66 Cameo PCGS, is of technical quality about equal to the Garrett, Part II coin (Bowers and Ruddy, 3/1980), lot 1063, a "Choice Proof," as well as to the Bass example (Bowers and Merena, 5/1999), lot 1300, PR66 PCGS. We do note one tiny dark fleck between I and D in GOLOID, for future purposes.
Ex: Tree Many Feathers (Bowers and Merena, 11/2001), lot 172.
Collecting Patterns – A Brief History and Commentary
Coin Index Numbers: (NGC ID# 2AHM, PCGS# 862011)
Learn more at the Newman Numismatic Portal at Washington University in St. Louis.
View all of [Important Selections from The Bob R. Simpson Collection, Part II ]
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