1826 HK-1 Erie Canal Completion, MS61 NGC....

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Sold on Sep 27, 2007 for:

$3,450.00 Bid Source: Internet bidder

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1826 HK-1 Erie Canal Completion, MS61 NGC. White metal. Issued by the Common Council, City of New York, designed by Archibald Robertson, engraved by Charles Cushing Wright, "the first die-sinker in the United States," and struck by Maltby Pedetreau. Listed in 1963 as the first so-called dollar in the standard Hibler-Kappen reference catalog, and still the standard reference today. In our recent September 2006 sale, lot 6440, an uncertified example, brought $1,955. Semiprooflike fields highlight the devices on this MS61 example. Interestingly, concentric circular die, or lathe, lines cover most of the light gray surfaces with the focus at the center of the die. Richard Snow, in his Flying Eagle and Indian Head Cents, second edition, Vol. II, 1859-1869 reference work, illustrates and discusses such lines on page 65. Fine hairlines, visible under magnification, limit the grade on this otherwise pleasing specimen.

Coin Index Numbers: (PCGS# 661050)

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