1903 Louisiana Purchase-Jefferson Dollar
1903 G$1 Jefferson PR64 Cameo PCGS. CAC. Although it perhaps
goes largely forgotten today, the Louisiana Purchase was
undoubtedly the most significant single real estate transaction in
American history, doubling the size of the American continent by
adding essentially all the land between the Mississippi River and
the Rocky Mountains. It is only fitting that such a monumental
event would be commemorated numismatically -- so far -- in two
different centuries! In 1903 through 1905 it was the Louisiana
Purchase-Jefferson/McKinley and Lewis and Clark Exposition gold
dollars, and in 2004-2006 it was the various numismatic delicacies
including the Lewis and Clark Bicentennial silver dollar, the
Westward Journey nickels depicting Jefferson, and others.
Deeply Mirrored PR64 Cameo
While many numismatists consider the 1848 CAL. quarter eagles to be America's first true commemorative coin, those pieces entailed no complete overhaul or design change. The 1903 gold dollars were specifically designed as true commemoratives, and the Mint recorded only 100 proofs each struck of the Jefferson and McKinley designs. Survival rates appear virtually identical for the two designs in proof format. In PR64 Cameo this is the only piece so certified at PCGS, superseded by two PR65 Cameo coins (7/11).
When viewing this piece there is no doubt about its status as a proof. The fields are deeply reflective, and the devices show a noticeable amount of mint frost that provides the Cameo designation. Rich orange-gold color is seen over each side of this lovely high-grade proof.
Ex: Phoenix Signature (Heritage, 3/2008), lot 2000. (NGC ID# BYMF, PCGS# 87482)
Weight: 1.70 grams
Metal: 90% Gold, 10% Copper
Learn more at the Newman Numismatic Portal at Washington University in St. Louis.
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