SOLD
3,750.00USDto floor+ buyer's premium
This item SOLD at 2022 Mar 21 @ 21:18UTC-04:00 : AST/EDT
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***Auction Highlight*** PCGS 1874 Pattern Aluminum 20c J-1356 Graded unc details By PCGS. Highlight of the month - ultra rare Aluminum 20c Pattern coin, only 6-7 known! 1874 20C Twenty Cent Piece, Judd-1356, Pollock-1500, High R.7, Unc details PCGS. Unknown to the public until this auction!. The Bailly obverse design shows a rather glum Liberty seated, surrounded by agricultural produce, her left hand resting on a globe with a scroll and incused LIBERTY, her right hand clutching a Liberty pole with Phrygian cap on top. Thirteen stars ring the rim. The reverse is close in design to the regular twenty cent dies of 1875, except that the second arrowhead points well above the T in TWENTY and all three leaves in the upturned triplet point toward the eagle's wing. Struck in aluminum with a plain edge. Before today, only six Judd-1356 representatives exist, per USPatterns.com. This uncirculated example is the 7th example! As a background of Aluminum, Once aluminum was discovered and isolated by scientists in the mid-1800's, it was still exceedingly rare; so rare that it was deemed one of the precious metals and was extremely valuable. A precious metal is defined as a scarce, naturally occurring metallic element that has a high economic value. SO WHY WAS ALUMINUM ONCE AMONG THESE METALS?The answer to this question is a simple one. Aluminum was so rare, scarcer than gold, that it was highly valuable. One story that illustrates this concerns the Roman emperor Tiberius. When he was gifted a plate made of a silvery-white metal that he had ever seen before, he was so shocked that he ordered the smith who had crafted it to be executed. This was because he feared that if people learned of this new wonder metal, it would drive down the price of his gold and silver reserves.Another example of aluminum’s reputation as a precious metal involves King Christian of Denmark, whose crown was made of aluminum. Napoleon III ate dinner with utensils made of aluminum rather than silver. Even in the 1880s, the Washington Monument was built with an aluminum capstone when the metal still cost roughly the same as gold. This was because pure aluminum was much rarer than silver and gold. While the other precious metals were not very reactive, aluminum was just the opposite; it was highly reactive and pure aluminum is therefore hard to find. Aluminum ores such as alum and bauxite were extremely common, but scientists were unable to reduce them down to elemental ingredients. It took many years and a great deal of effort for metallurgists to isolate aluminum, and even longer to develop an economically feasible process for extracting it for commercial purposes. In the mid 1850’s the annual production of aluminum in the United States was less than 93 kilograms, while gold production was more than 90,000 kg per year. A Corey's Pick, Bid to Win, Don't let it get Away, you might not find its equal Coin. I give this coin my highest recommendation
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148 Route 73, Suite 3-284, Voorhees, New Jersey, 08043, United States
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| From (Incl.) | To (Excl.) | Premium |
| 0.00 |
Infinite |
21% |
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