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首席收藏网 > 数据中心 > Stack's Bowers and Ponterio > SBP2020年11月#2-早期美国钱币

LOT WITHDRAWN

LOT WITHDRAWN

USD 300

Lot:3068 1900 Lesher or Referendum Dollar. First Type. HK-787, Zerbe-1. Rarity-6. Silver. No. 82. MS-62 (PCGS

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世界钱币

USD 3500

SBP2020年11月#2-早期美国钱币

2020-11-12 01:00:00

2020-11-12 03:00:00

USD 6000

SBP

成交

1900 Lesher or Referendum Dollar. First Type. HK-787, Zerbe-1. Rarity-6. Silver. No. 82. MS-62 (PCGS). 35 mm, octagonal. Phenomenal quality for a type that is elusive in all grades, this is also a beautiful piece with a splash of vivid reddish-apricot iridescence enlivening the right half of the obverse. Otherwise brilliant, both sides are sharply struck with a lively satin to semi-reflective finish.The following is from the December 1900 issue of monthly bankers periodical "Dicker mans United States Treasury Counterfeit Detector REFERENDUM Dollars." -- A Victor, Col., dispatch to the Denver Evening Post</em> says:"A unique enterprise has been established in Victor by Joseph Lesher, a Colorado pioneer and silver mine owner. He has procured a die, laid in a supply of silver bullion, and manufactured several silver coins, each containing one ounce of pure silver. He calls his coins referendum dollars, because they are to be referred to the people for acceptance or rejection. Mr. Lesher proposes to demonstrate that the intrinsic value theory is a delusion and a snare. His silver at the present quotation costs him 65 cents per ounce, the expense of coining is 15 cents -- 80 cents in all, but he values his dollars at $1.25, and intends to keep them above par. Although he is confident that the silver alone is really worth $1.29 an ounce, he admits that other people may be prejudiced: therefore he promises to pay $1.25 in United States money on demand for each referendum dollar."</em>HK-787 was the first type of Lesher dollar issued, and a mere 100 were struck and distributed. Of those Wildes survey recorded 46 examples of this type, and most are in lower grades than seen here. This one is engraved with the number 82 near the lower reverse border. A great way to start collecting these popular pieces is to obtain both rarity and high grade, and this one certainly has both. Ex B. Max Mehls C.W. Cowell Collection sale, December 1923, lot 927; Virgil Brand; Horace Brand; Wolf; our (Bowers and Merenas) Phillip Flannagan Collection sale, December 2001, lot 5419; Q. David Bowers; our (Stacks) sale of the Q. David Bowers Collection, October 2010 Philadelphia Americana Sale, lot 6219; Keatley.

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