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Description

1933 Pedley-Ryan Dollar, HK-824, MS61 NGC. Silver, 38.1 mm. The elusive Type Three variety (no date or 430 GRAINS on the reverse). Hibler-Kappen report in their 1963 treatise on so-called dollars that "fewer than 85 pieces were struck" of the HK-824 variety of Pedley-Ryan dollars. That minuscule production figure jibes perfectly with the NGC Census Report, which indicates that only 15 examples have been graded at all levels (8/07). When issued, the investment firm of Pedley-Ryan sold these large, one ounce rounds at the cost of three for a dollar and they were redeemable at the prevailing market value of silver. The public sale of these pieces was Pedley-Ryan's attempt to make a convenient market in silver and increase its popularity as a medium for speculation. The slug in this lot is lightly toned with a few scattered abrasions, commensurate with the assigned grade. Census: 2 in 61, 8 finer (8/07).

Coin Index Numbers: (PCGS# 661050)


View Certification Details from NGC

Auction Info

Auction Dates
September, 2007
27th-28th Thursday-Friday
Bids + Registered Phone Bidders: 4
Lot Tracking Activity: N/A
Page Views: 1,220

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

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