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    Description

    (1852) Annular Gold Dollar
    Judd-136, PR66

    (1852) PG$1 Gold Dollar, Judd-136, Pollock-163, High R.7, PR66 PCGS. CAC. Ex: Simpson. The first of the annular format gold dollars. Struck in gold, perforated in the center, with a reeded edge. During the first few years after the discovery of gold in California, the scales were tipped in the favor of rising silver prices, causing silver coins to be hoarded from circulation. It was proposed to circulate a larger format gold half dollar and gold dollar to fill this void, as some felt the regular issue gold dollar was inconveniently small. The matter was later remedied by the reduction of silver coinage weights and an increase in production in 1853. This first design was created from the reverse of a regular issue dime and a blank die with denticles on the opposite side. Only four pieces are recorded known. The bright gold surfaces have taken on a slight reddish tint. Remarkably well preserved.

    Coin Index Numbers: (NGC ID# 2992, PCGS# 11577)


    Learn more at the Newman Numismatic Portal at Washington University in St. Louis.

    Auction Info

    Bidding Begins Approx.
    July
    22nd Thursday
    Auction Dates
    August
    10th-16th Tuesday-Monday
    Proxy Bidding Begins Approx.
    267 Days
    Bids + Registered Phone Bidders: N/A
    Lot Tracking Activity: N/A
    Page Views: 63
    Auction Type
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