Description

    1879 Metric Dollar, PR65 Red and Brown
    Popular Judd-1623 Issue, Ex: 'Colonel' Green

    1879 $1 Metric Dollar, Judd-1623, Pollock-1819, R.7, PR65 Red and Brown NGC. CAC.
    Design. Metric Dollar design by George Morgan, featuring a bland, rarely seen head of Liberty, hair brushed back and fastened in a bun, and with a wide ribbon at the top of the head. The reverse is the standard Metric dollar design with DEO EST GLORIA featured prominently above the composition in the center. Struck in copper with a reeded edge.

    Commentary. This design was engraved by George Morgan and was struck in silver or goloid composition (Judd-1622), aluminum (Judd-1624), and white metal (Judd-1625), as well as the copper (Judd-1623) in 1879. The design was repeated in 1880 on Judd-1648 through Judd-1650. The coins were issued in sets with the Morgan goloid metric dollars and the Coiled Hair stellas. USPatterns.com estimates about a dozen examples of Judd-1623 remain extant. Surprisingly, this issue was unknown to Robert Coulton Davis when he wrote his seminal work on patterns in 1885. The last auction record we can find for Judd-1623 in Red and Brown was the magnificent PR67 Red and Brown PCGS example from the Harry Bass Collection that sold in lot 4584 of the FUN Signature (Heritage, 1/2006), which realized $23,000.

    Physical Description. The well-preserved surfaces of this delightful Gem display a mix of original red and grayish-brown patina, with more red on the reverse. The design elements exhibit pinpoint definition throughout, with exquisite detail on the hair strands and full star center lines. The devices are frosty and the fields are brightly reflective, beneath the toning. The eye appeal is outstanding. Census: 1 in 65 Red and Brown, 1 finer (3/13).

    Provenance. "Colonel" E.H.R. Green; Green Estate; Partnership of Eric P. Newman / B.G. Johnson d.b.a. St. Louis Stamp & Coin Co.; Eric P. Newman @ $35; Eric P. Newman Numismatic Education Society.
    From The Eric P. Newman Collection. (NGC ID# 2AHB, PCGS# 72001)


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    Auction Info

    Auction Dates
    April, 2013
    24th-28th Wednesday-Sunday
    Bids + Registered Phone Bidders: 9
    Lot Tracking Activity: N/A
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    Truth Seeker: The Life of Eric P. Newman (softcover)
    A powerful and intimidating dealer of the 1960s, backed by important colleagues, was accused of selling fraudulent gold coins and ingots to unsuspecting numismatists. Who would go up against a man like that and, over the course of decades, prove the fraud? Who would expose a widely respected scholar as a thief, then doggedly pursue recovery of coins that the scholar had stolen from an embarrassed numismatic organization, all over the objections of influential collectors who had bought coins with clouded titles? Eric P. Newman would - and did. Reserve your copy today.
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