LOT Old Heritage Auctions  /  2007 Sept Long Beach Tokens & Medals Auction  / 

81327

1939 Treasure Island Dollar Rarity, HK-485, AU58

Currency:USD Category:Coins & Paper Money Start Price:3.00 USD Estimated At:1.00 - 1,000,000.00 USD
1939 Treasure Island Dollar Rarity, HK-485, AU58
<B>1939 Treasure Island Dollar Rarity, HK-485, AU58 Uncertified.</B></I> Listed as "extremely rare" by Hibler-Kappen (1963), this interesting so-called dollar remains elusive to this day. In fact, NGC has not certified a single example. There are other 1939 issues by Treasure Island (HK-481 and 482), but they are not to be confused with the dollar in this lot. Hibler and Kappen note in their treatise on the subject: "... late delivery resulted in the sale of only 150 to 400 for $1 each." This well executed design is a reasonable facsimile of a genuine pillar dollar, also known as an eight reales or "pieces of eight." Truly, finding any example of this rare type is an achievement, but locating an attractive, problem-free example would be a memorable event. The current piece provides that opportunity, as the surfaces reflect minimal wear and the gunmetal-gray patina suggests utter originality. Serious collectors of so-called dollars will surely battle for this specimen.<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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