1897 Bickford Dollar, HK-834, MS62 NGC....

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Sold on Sep 27, 2007 for:

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1897 Bickford Dollar, HK-834, MS62 NGC. Aluminum with bronze center plug, 28 mm. Incorrectly labeled on the NGC holder as HK-833. The correct attribution is HK-834, and differs from the prior only in that a mound with the legend GOLD / AND / SILVER replaces five dashes. Dana Bickford, a New York City businessman and inventor of automatic knitting machines who, in his travels to Europe, realized the need for a standardized international currency. The result was a series of eight patterns that identified the value for eight different countries on the reverse, thus eliminating the difficulty in exchanging one country's currency into a local currency when traveling between borders. The idea never caught on and eventually was relegated to the pages of history books. It was actually a concept ahead of its time, however, considering the implementation of the euro in Europe in recent years. This piece is a nice original example with lustrous surfaces hiding under natural patination. Some mint-red coloration is visible on the bronze plug. Census: 5 in 62, 11 finer (8/07).

Coin Index Numbers: (PCGS# 661050)

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