1878 $1 J-1560 PR(PCGS#61922)

1878 $1 J-1560 PR (PCGS#61922)

The August 2010 Boston Rarities Sale

Auctioneer
Bowers & Merena
Lot Number
1409
Grade
PR64
Price
16,100
Lot Description
1878 Pattern Goloid Dollar. Judd-1560, Pollock-1752. Rarity-7+. Proof-64 Cameo (PCGS). The obverse design by Chief Engraver William Barber is the same that the Mint used to strike the Judd-1557 and Judd-1559 pattern Goloid Dollars that we are also offering in this sale. The reverse design is very similar to that of Judd-1557 and Judd-1559, although on Judd-1560 the central inscription is encircled by laurel leaves and berries instead of stars. Struck in goloid alloy (3.6% gold, 86.4% silver, 10.0% copper) with a reeded edge.<br /> &nbsp;&nbsp;&nbsp;&nbsp;This is a very rare type with a mere four example believed to have been struck in goloid alloy. We believe that there are&nbsp;only three specimens are extant:<br /> <br /> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. <strong>PCGS Proof-64 Cameo</strong>. Ex: Snowden; William H. Woodin; Waldo C. Newcomer; F.C.C. Boyd; King Farouk of Egypt; Lester Merkin's sale of February 13, 1971, lot 919; The Harry W. Bass, Jr. Collection (Bowers and Merena, 5/1999), lot 1283. <em>The present example</em>, and also the plate coin on page 312 of the 1994 book <em>United States Patterns and Related Issues </em>by Andrew W. Pollock III.<br /> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. <strong>NGC Proof-65</strong>. Ex: Pittsburgh, PA Signature Sale (Heritage, 8/2004), lot 8012. This coin no longer appears on the <em>NGC Census</em>, which actually lists no examples of Judd-1560 as of this writing.<br /> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. Ex: The Newport Collection (Bowers and Ruddy, 1-2/1975), lot 1120; <em>Rare Coin Review</em>, No. 23,&nbsp;(Bowers and Ruddy, 1975), p. 57. This coin might be the Proof-62 listed on the current <em>PCGS Population Report</em>.<br /> <br /> A virtually brillia
View the Original Auction