350

***Auction Highlight*** 1900 Lafayette Lafayette Dollar $1 Graded Select+ Unc By USCG (fc)

Currency:USD Category:Coins & Paper Money Start Price:25.00 USD Estimated At:515.63 - 2,062.50 USD
***Auction Highlight*** 1900 Lafayette Lafayette Dollar $1 Graded Select+ Unc By USCG (fc)
***Auction Highlight*** 1900 Lafayette Lafayette Dollar $1 Graded Select+ Unc By USCG. Struck to Commemorate General Lafayette and Help Cover the Costs of a Statue given by the US to the City of Paris. The coins were also to Celebrate the Exposition in Paris in 1900. Additionally, 1899 was the 100th Anniversary of Washington's death. When Examining a Lafayette Dollar, Evidence of Wear First Appears on Washington's Cheekbone and on Lafayette's Lower Curls. On the Reverse, check the Highest Points of the Design—the Boot, Thigh and Rear Leg of the Horse. Also it is noted that this coin has a Few Firsts, it is the First Commemorative Dollar Ever Struck, the First Officially Issued coin to Depict a Former President, and the First Coin to Show the Same Person (Lafayette) on Both Sides. This lustrous and satiny choice uncirculated example is brilliant apart from the lightest silver tinting. Authorized by the Act of March 3, 1899, this silver dollar commemorates the construction of a monument to General Lafayette erected at the 1900 Paris Exposition. Although the Philadelphia Mint struck 50,000 pieces for distribution, the maximum allowed by Congress, only 36,000 coins were eventually sold and the remaining 14,000 examples were melted. An additional 26 pieces were prepared for Assay purposes. Today, the Lafayette dollar is regarded as one of the more conditionally challenging types in the classic commemorative series.