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    Description

    1886 Republic of Eutopia So-Called Dollar
    MS63, HK-1005, Rare Bimetallic Issue

    1886 Eutopia Dollar MS63 NGC. HK-1005, R.8. Ex: John J. Ford, Jr. A bimetallic variety with a small gold insert at the center and a broad outer ring of silver. During the late 19th century, the gold standard was backed by financial institutions, while debtors, farmers, and silver miners wanted silver and gold to trade at a fixed ratio. Nicholas Veeder of Pittsburgh devised the Eutopia "dollar" as a solution to satisfy both sides, but his efforts were ignored except by future collectors. A semiprooflike piece with splashes of lavender toning across the silver outer ring.
    Ex: Mayflower, 11/1974, lot 687; John J. Ford, Jr. Collection, Part 23 (Stack's-Bowers, 8/2013), lot 21342.


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

    Auction Info

    Auction Dates
    August, 2014
    5th-9th Tuesday-Saturday
    Bids + Registered Phone Bidders: 9
    Lot Tracking Activity: N/A
    Page Views: 741

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