LOT Heritage Rare Coin Galleries  /  2007 Jan (FUN) Heritage Signature Coin #422  / 

1220

1852 PG$1 Annular Gold Dollar, Judd-145, Pollock-173,

Currency:USD Category:Coins & Paper Money Start Price:20,000.00 USD Estimated At:1.00 - 2.00 USD
1852 PG$1 Annular Gold Dollar, Judd-145, Pollock-173,
<B>1852 PG$1 Annular Gold Dollar, Judd-145, Pollock-173, R.5, PR67 NGC.</B></I> The obverse has UNITED STATES OF AMERICA and the date around the border with a crenulated design between the lettering and perforation. The reverse has the word DOLLAR above with a wreath below. Struck in gold with a plain edge. Dr. Judd and Andrew Pollock both noted examples on thick and thin planchets, differentiated by weight, although the exact weight of this piece is not known. These weight variations were also known to Adams and Woodin early in the 20th century. It is unfortunate that the grading services don't place the weight of such pieces on the holder. Pollock recorded each of the individual varieties as R.6 with an overall rating of R.5 for both variations.<BR> The annular dollars, or ring dollars as they are also known, were intended to provide a larger diameter coin for the gold dollar denomination, while maintaining the proper weight standards. This experimental pattern issue also included a half dollar gold piece in a similar annular format.<BR> Unlike most pattern pieces struck in gold, a rather large quantity of these pieces were minted, probably in excess of 100 pieces with about half of those known today. Only a few other pattern gold pieces were struck in quantity, the most famous of those is the 1879 Flowing Hair stella. Nearly all other varieties are known to the extent of 10 coins or less. This piece may be one of the finest survivors with fully mirrored fields except in spots where severe die polish creates a lustrous appearance. The surfaces are fully brilliant with lovely honey-gold color. There are no noticeable blemishes on either side of this aesthetically desirable piece. The reverse die has three peripheral die cracks, located at 5 o'clock, 9 o'clock, and 11:30. It has been suggested that non-gold patterns from this die state are restrikes, but it is not certain that gold alloy pieces from the same die state are restrikes.<BR><BR><b>Shipping:</b> Coin/Currency (<a target="_blank" href="http://www.heritageauctions.com/common/shipping.php">view shipping information</a>)
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