81082

1826 HK-1 Erie Canal Completion, MS61 NGC

Currency:USD Category:Coins & Paper Money Start Price:550.00 USD Estimated At:1.00 - 1,000,000.00 USD
1826 HK-1 Erie Canal Completion, MS61 NGC
<B>1826 HK-1 Erie Canal Completion, MS61 NGC.</B></I> White metal. Issued by the Common Council, City of New York, designed by Archibald Robertson, engraved by Charles Cushing Wright, "the first die-sinker in the United States," and struck by Maltby Pedetreau. Listed in 1963 as the first so-called dollar in the standard Hibler-Kappen reference catalog, and still the standard reference today. In our recent September 2006 sale, lot 6440, an uncertified example, brought $1,955. Semiprooflike fields highlight the devices on this MS61 example. Interestingly, concentric circular die, or lathe, lines cover most of the light gray surfaces with the focus at the center of the die. Richard Snow, in his <I>Flying Eagle and Indian Head Cents,</B></I> second edition, Vol. II, 1859-1869 reference work, illustrates and discusses such lines on page 65. Fine hairlines, visible under magnification, limit the grade on this otherwise pleasing specimen.<BR><BR><b>Shipping:</b> Coins & Currency (<a target="_blank" href="http://www.heritageauctions.com/common/shipping.php">view shipping information</a>)