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    Description

    1903 Jefferson Gold Dollar, PR65 Cameo
    Only 100 Pieces Struck

    1903 G$1 Louisiana Purchase/Jefferson PR65 Cameo NGC. The 1903 Louisiana Purchase gold dollars were produced in two varieties, one with a portrait of Thomas Jefferson on the obverse and the other bearing the likeness of William McKinley. A small proof mintage of 100 pieces of each design was struck and the coins were presented to Mint officials, political insiders, and officials of the Louisiana Purchase Exposition, rather than to contemporary collectors. Proofs were accompanied by a card that read:

    "This is to certify that the accompanying Louisiana Purchase Exposition gold dollar struck at the Mint of the United States, Philadelphia, in accordance with an Act of Congress approved June 28, 1902, is one of the first one hundred impressions from the Jefferson dies."

    Because the proofs were primarily distributed outside of numismatic channels the survival rate for this issue was quite low. Walter Breen knew of 16 examples extant in 1989 and Q. David Bowers notes, "Proofs come on the market only at widely separated intervals." The record price for this issue seems to be the $37,375 realized by the magnificent PR67 Ultra Cameo NGC coin in lot 5138 of the Jim O'Neal Gold Type Collection (Heritage, 1/2012).

    The present coin is a spectacular Gem, with squared edges and razor-sharp design elements that establish it as a proof, rather than a prooflike business-strike. The deeply mirrored fields contrast boldly with the frosty devices to create a startling cameo effect. Eye appeal is terrific. Census: 3 in 65 Cameo, 3 finer (8/13). (NGC ID# BYMF, PCGS# 87482)

    Weight: 1.70 grams

    Metal: 90% Gold, 10% Copper


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    Auction Dates
    September, 2013
    25th-29th Wednesday-Sunday
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    Due completely to Heritage's thoroughly diligent and professional management and promotion of the collection, the faraday Collection stirred national attention among numismatists and the auction results brought a gross value greater than that last estimated by the experienced collector.
    The Estate of David M. Faraday ,
    San Rafael, CA
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