LOT Old Heritage Auctions  /  2007 Signature Coin - Charlotte, NC #434  / 

2436

1883 S$1 Hawaii Dollar MS64 NGC. When Hawaii became a

Currency:USD Category:Coins & Paper Money / US Coins Start Price:550.00 USD Estimated At:1.00 - 1,000,000.00 USD
1883 S$1 Hawaii Dollar MS64 NGC. When Hawaii became a
<B>1883 S$1 Hawaii Dollar MS64 NGC.</B></I> When Hawaii became a U.S. Territory in 1900, the Treasury decreed that the Islands use United States coins of the normal denominations and designs. In this regard, Walter Breen, in his <I>Complete Encyclopedia of U.S. and Colonial Coins:</B></I> "Accordingly, orders went out to banks and other establishments in the Islands, ordering withdrawal of all the 1883 Hawaiian coins (struck by the U.S. for Hawaii in that year) from circulation; as soon as any were deposited, they were to be shipped back to the mainland for melting. This made the Dala (an example of which appears in this lot) a scarce coin, especially in choice condition ... ." Breen further indicates that of the original 500,000 dalas, or dollars, minted, 453,622 pieces were melted. NGC and PCGS have certified a few hundred of these coins in all grades, about 120 of which are Mint State (3/07).<BR> The near-Gem specimen offered here displays dazzling luster, and just the barest hint of golden-tan color at the margins, as well as a faint reddish-tan streak across the upper obverse. A well executed strike brings out sharp definition on the design features, including the intricacies in the king's hair and beard and those in the reverse central device. A few light marks and luster grazes preclude a higher grade. Census: 15 in 64, 18 finer (3/07).<BR><BR><b>Shipping:</b> Coins & Currency (<a target="_blank" href="http://www.heritageauctions.com/common/shipping.php">view shipping information</a>)
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