1880 Goloid Metric Dollar, PR67 Red
1880 $1 Goloid Metric Dollar, Judd-1652, Pollock-1852, High R.7,
PR67 Red NGC. CAC.
Judd-1652, Single Finest Certified Example
Design. The obverse features a head of Liberty facing left, with E PLURIBUS UNUM above and the date 1880 below, 13 stars are arranged in a 7x6 pattern at the sides. Liberty wears a Phrygian cap ornamented with cotton and wheat, with LIBERTY inscribed in incuse letters on the band. The reverse shows a circle of 38 stars surrounding the inscription 15.3 - G. 236.7 - S. 28 - C. 14 GRAMS at the center, with UNITED STATES OF AMERICA and GOLOID METRIC DOLLAR above and DEO EST GLORIA and 100 CENTS below. Struck in copper with a reeded edge.
Commentary. The design for Judd-1652 was also used to strike examples in silver or goloid composition (Judd-1651) and aluminum (Judd-1653)in 1880. The design was used the previous year to also strike Judd-1626 through Judd-1630. The reverse is one of the few designs in American coinage to express the denomination in two different ways. USPatterns.com estimates the surviving population of Judd-1652 at a little more than a dozen examples. That total includes a specimen in the Byron Reed Collection in the Durham Western Heritage Museum and another in the Harry W. Bass, Jr. Research Foundation.
Physical Description. This magnificent Superb Gem offers blazing original red surfaces, with deeply mirrored fields and no trace of carbon. Razor-sharp definition is evident on all design elements, including star center lines and hair strands. The frosty devices stand out against the reflective fields with definite elements of contrast. The eye appeal is extraordinary. This coin is the single finest certified at either of the leading grading services (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 @ $20; Eric P. Newman Numismatic Education Society.
From The Eric P. Newman Collection. (NGC ID# 2AJA, PCGS# 82037)
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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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