"1893" (1895) HI S$1 2MH-3 Reginald Huth PR(PCGS#509649)

May 2012 Pre-Long Beach Auction #69 U.S. Coins

Auctioneer

Goldberg Auctioneers

Lot Number

1879

Grade

PR61

Price

18,400

Lot Description

Lot 1879 1895 MH-3 Reginald Huth Silver ($1).. Medcalf-Russell 2MH-3, one dolphin below bust.PCGS graded Proof 61 Cameo CAC Approved.In a new secure plus holder. Pop 1; none finer at PCGS. Only 20 struck. Untoned with minor hairlines visible. The so-called Princess Kaiulani "Pattern" $1 by Reginald Huth. A wholly brilliant example consistent on both sides and carefully minted to show all the finest devices in microscopic detail. Mirrored fields show light traces of handling, a few nicks are insignificant. Only 50 examples (combined mintage 2MH-3 & 2MH-5 combined) of this rarity are said to have been coined and distributed, making this the rarest of the silver Hawaii Huth $1 pieces as well as arguably the most delightful as it depicts the Heir to the throne whose sudden death at the age of 23 while on a visit to England caused heart-rendering sadness throughout the Kingdom. The date on the reverse commemorates Kaiulani�s coming of age on her 18th birthday, October 16, 1893. A landmark rarity for Hawaii specialists and a highlight in any cabinet. (The pattern was not issued until 1895.). Estimated Value $12,000 - 15,000. The Forsythe Collection.