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Lot 3440


Image Information

Type Coin
Title Lot 3440
Date 1903
Side obverse
Grade 0
Service Uncertified
Service Catalog # 7482
Denomination G$1
Description 1903 G$1 Louisiana Purchase/Jefferson Proof Uncertified. Few Louisiana Purchase Exposition gold dollars survive in the original frames that were issued as specially mounted representatives of the first 100 impressions from the Jefferson dies. The signatures of Rhine R. Freed, Coiner and John H. Landis, Superintendent are bold and original on the document of issue: {blockquote}"This is to Certify, that the accompanying LOUISIANA PURCHASE EXPOSITION GOLD DOLLAR struck at the mint of the United States, Philadelphia, in accordance with the Act of Congress approved June 28, 1902, is one of the first one hundred impressions from the Jefferson dies."{/blockquote} The coin, covered with translucent paper, is mounted in the center of a two-sided, double-glass frame (13.5" wide x 11.5" tall), so both obverse and reverse can be viewed. A braided cord frames the coin, hand-tied in a bow, with a red wax seal that says SUPT. U.S. MINT / PHILA. as an embossed imprint. The wax seal has several cracks and a small triangular piece missing. A huge mintage of 250,000 pieces was authorized for the St. Louis Louisiana Purchase Exposition gold dollars, composed of 125,000 each for the Jefferson variety and McKinley variety. 215,250 pieces were melted as unsold (including 250 assay coins) for a net distribution of 35,000 pieces, or approximately 17,500 examples of each variety. The numismatic importance of this Jefferson piece is two-fold: It is collectible both for the proof gold dollar and the accompanying historical document. The surfaces of this Superb Proof are pristine. It is estimated that no more than 20 coins survive in their original frames, making this offering a very special opportunity. Ex: Eric P. Newman Numismatic Education Society. Realized $44062.50. Description courtesy of Heritage Auctions.

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