1879 $1 Goloid Metric Dollar, Judd-1634, Pollock-1831, Uni...Click the image to load the highest resolution version.
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1879 Goloid Metric Dollar, PR64 Cameo
1879 $1 Goloid Metric Dollar, Judd-1634, Pollock-1831, Unique,
PR64 Cameo PCGS. Ex: Simpson. George Morgan's design for a
goloid metric dollar with the bust of Liberty facing left on the
obverse, hair braided and coiled at the back of her head, E
PLURIBUS UNUM above and the date 1879 below, with stars on the left
and right side. On the reverse, the elemental components are
central to that side and surrounded by a small circle of stars, and
two other circles of statutory requirements between the stars and
the rim. Struck in white metal with a reeded edge.
Judd-1634, Unique in White Metal
The goloid metric dollar was devised by Dr. William Wheeler Hubbell as part of a series of coins that were supposed to facilitate trade with member-countries of the Latin Monetary Union. A host of different patterns were created as part of this scheme, none more famous than the 1879 and 1880 Flowing and Coiled Hair stellas. This George Morgan Coiled Hair goloid metric dollar is another and nearly as recognizable.
While variations exist in silver, maybe even goloid, copper, and aluminum, the present piece is unique in white metal. Now designated as Judd-1634, Pollock-1831, it was unlisted in Robert Coulton Davis' Pattern and Experimental Issues of the United States Mint, and the Adams-Woodin United States Pattern, Trial, and Experimental Pieces reference. Its first known sale was as part of the Waldo Newcomer Collection, then as part of the King Farouk Collection. M.H. Bolender offered it for sale in October 1955, where he described it as:
"Great Rarity from King Farouk Collection. 1879 pattern dollar, same as preceding but struck on a thick planchet in white metal. From same dies as last. Not in Adams-Woodin book, unpublished variety. Nearly 3 mm. thick. Brill. proof. Only 4 or 5 minted. From King Farouk's coll'n. (Cost him $395). Worth $200."
The coin was offered on several occasions by Paramount between 1974 and 1978, and last appeared publicly in a couple of auctions during the late-1990s and early-2000s. Here it is once again, nearly 20 years later. If what is past is prologue, the odds are it will be some time before collectors get another chance to compete for this unique Coiled Hair goloid metric dollar pattern. Both sides are strongly struck with reflective mirrors and thickly frosted motifs. Hints of golden color are complementary. A small strike-though occurs below UNITE.
Ex: Waldo C. Newcomer; King Farouk; Palace Collections of Egypt (Sotheby's, 2/1954), lot 2001; 189th Auction Sale (M.H. Bolender, 10/1955), lot 546; Rare Coin and Stamp List No. 9 (Paramount, 11/1974), page 6; Greater New York Auction Sale (Paramount, 4/1977), lot 192; Rare Coin List No. 16 (Paramount, 1977), page 30; Covington Collection (Paramount, 9/1978), lot 653, where it brought $2,600; unknown intermediaries; Rarities Sale (Bowers and Merena, 8/1999), lot 496; Tree Many Feathers Collection (Bowers and Merena, 9/2001), lot 173; Southern Collection; Bob. R. Simpson.
Coin Index Numbers: (PCGS# 534947)
Learn more at the Newman Numismatic Portal at Washington University in St. Louis.
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