1922 G$1 Grant, Star MS(PCGS#7459)

Summer 2025 Global Showcase Auction U.S. Coins

Commissaire-priseur

Stack's Bowers

Numéro du lot

6542

Grade

MS67+

Prix

5 280

Description du lot

Exquisite Superb Gem quality that would do justice to the finest collection of classic commemorative coinage. Both sides of this gold dollar exhibit a smooth, satiny texture that is at the threshold of numismatic perfection. Blended orange-gold and pale rose colors enhance features that are smartly impressed with sharp to full definition. Certainly among the finest known survivors from a net mintage of just 5,016 pieces (including 16 coins reserved for Assay purposes), and worthy of the strongest bid.<p>In 1921, the Ulysses S. Grant Centenary Memorial Association was established to raise funds to coordinate a series of special events and observances in commemoration of the centennial of the famed Union general and United States president. The Association planned to fund the creation of monuments, civic buildings and roads to honor Grant as well as celebratory activities through the sales of commemorative silver half dollars and gold dollars. Approved by Congress in February 1922, Laura Gardin Fraser was tapped to design the coin. Wife of the designer of the Buffalo nickel, James Earle Fraser, she was no stranger to commemorative coins, having designed the 1921 Alabama half dollar. The Grant design, shared across both denominations, bore a bust of Grant on the obverse and a representation of his childhood home surrounded in trees in Ohio on the reverse. The Association adopted an idea that was employed on the Alabama and Missouri commemorative half dollars, the placement of a special mark on a select number of the coin to help generate interest, and by extension increase sales. Here, the mark was a small star placed above Grant's name on the obverse. Originally intended to just be used on the gold dollar, a small number of half dollars were also struck with the star. The gold dollar was a poor seller and although the total authorized mintage of 10,000 coins - 5,000 of each with and without the star - were all distributed, many went to dealers at close to face value (see below) and were sold to collectors at a later date. In the end, none of the planned monuments were built, though the festivities did go on as planned.