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Description

1900 Type One Bumstead Lesher Dollar, HK-788, MS62

1900 A.B. Bumstead Lesher Dollar, Type One, HK-788, MS62 PCGS. First Reverse. Joseph W. Lesher (1838-1918) in today's parlance would have been called a "silver bug." He believed that if silver saw unlimited coinage and circulation, business would increase and general prosperity would prevail. He issued silver dollars that he cleverly called "Referendum Souvenirs" to avoid trouble with federal authorities. Obverse: Mountaintop mining scene and PIKES PEAK / SILVER MINE / A COMMODITY / WILL GIVE / IN EXCHANGE / MERCHANDISE / AT / A.B. BUMSTEAD / No. (592) punched into piece. First Reverse type: Scrolls on both sides of the state seal, line above COLORADO. JOS. LESHERS REFERENDUM SOUVENIR etc. Mildly prooflike surfaces exhibit traces of cobalt-blue and gold-tan patination. SINE on the scroll. An MS64 Type One piece in our Sale 416 (9/06, lot 6534), brought $4,750 with the buyer's premium.

Coin Index Numbers: (PCGS# 661050)


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Auction Info

Auction Dates
September, 2007
27th-28th Thursday-Friday
Bids + Registered Phone Bidders: 14
Lot Tracking Activity: N/A
Page Views: 515

Buyer's Premium per Lot:
15% of the successful bid per lot.

Sold on Sep 27, 2007 for: $2,760.00
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