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Lot 3430

Image Information

Type Coin
Title Lot 3430
Date 1903
Side obverse
Grade 65
Service NGC
Service Catalog # 7444
Denomination G$1
Description 1903 G$1 Louisiana Purchase/McKinley MS65 NGC. CAC. Issued in two distinct varieties, this was the first commemorative gold coin type to be produced in the United States. William McKinley of Ohio was president when the Act was signed authorizing this issue to be produced in the amount of up to 250,000 coins: 125,000 pieces of each type (the Jefferson and McKinley obverse portrait varieties). Production began early, in 1902, and the full number authorized was struck, plus an additional 258 coins for assay purposes. Eventually, 215,000 coins were melted. This fully brilliant example displays prooflike fields and well-struck design motifs. The smooth antique-gold surfaces are beautifully preserved and virtually flawless. McKinley gold dollars do not frequently appear with such outstanding preservation and eye appeal, making this a special opportunity for the discerning buyer. Ex: Eric P. Newman Numismatic Education Society. Realized $1880.00. Description courtesy of Heritage Auctions.

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Image Collection Eric P. Newman Collection, Part V
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