Heritage to Auction Extraordinary Goloid Dollar Coin!

Dallas, Texas: Heritage Auction Galleries will offer a rare 1880 $1 Goloid Metric Dollar PR67 PCGS in their upcoming Signature Auction, to be held March 2 & 3 at the Palm Beach Convention Center, 650 Okeechobee Boulevard at Florida Avenue, West Palm Beach, Florida.

"An exquisite specimen, struck in aluminum with a reeded edge, this is a repeat of George Morgan's Coiled Hair design that was first used in 1879, and is also similar to the Coiled Hair design used on the four dollar stellas," said Greg Rohan, President of Heritage Auction Galleries. "Originally issued as a part of a goloid set, only four pieces are believed known of this design in aluminum."

"The head of Liberty, which faces left, shows the hair braided and coiled at the back," Rohan said. "A band inscribed LIBERTY encircles her hair. There are 13 stars at the border, 7 left and 6 right. The inscription 15.3 - G. 236.7 - S. 28 - C. 14 GRAMS is centered within a circle of 38 stars on the reverse. The legend UNITED STATES OF AMERICA and the denomination GOLOID METRIC DOLLAR are above the circle, and the motto DEO EST GLORIA and 100 CENTS are below. The reverse is one of very few patterns to express the denomination in two different ways."

"The surfaces are bright and undiminished by the passage of time with no traces of oxidation," Rohan continued. "The fields are deeply mirrored and the devices show heavy mint frost which gives the coin an unmistakable (yet unacknowledged by PCGS) cameo effect. An essentially flawless aluminum pattern, this is a fabulous opportunity for the specialist, one that may not be repeated for years to come."

The 1880 $1 Goloid Metric Dollar bears a pre-auction estimate of $50,000 and up.

Images, descriptions, and prices realized from all of Heritage's previous auctions are available in the Permanent Auction Archives at the Heritage website.

To reserve your copy of a catalog for any upcoming Heritage auction, please contact Nicole Jewell, c/o Heritage Auction Galleries, 3500 Maple Avenue, 17th Floor, Dallas, TX 75219, or call 1-800-872-6467, ext. 272.