Is this coin real ?

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Permalink Reply by Buffalo on January 30, 2011 at 11:42am

Appears so. Your photos appear to be identical to those shown for "1878 $1 Goloid Metric Dollar, Judd-1563, Pollock-1754, Low R.6" at this link: http://coinauctionshelp.com/Pattern_Guides/goloidbandedcaplibertydo.... I have also seen the same photos linked elsewhere.

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Permalink Reply by Gary on January 30, 2011 at 1:16pm

AWESOME COIN!! So do you own this coin Jiri, and did you win it at the Heritage Auction? Or are you just asking if this type of Gold Coin is really a U.S. coin? I get a little lost on these post that just say is it real?

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Permalink Reply by Clair Alan Hardesty on January 30, 2011 at 1:27pm

It is not really a gold coin, though it might have some gold in it. It may be a pattern piece made of any of a number of alloys that were used. You cannot rely on the information on the coin for its content since it is not a circulation piece. That really does not matter much as far as value is concerned though. Such a coin is far more valuable than its metal content.

This appears to be the coin from Heritage auction #1125 (May 28, 2009) where it sold for $4025 (including buyer's premium). Lot #1444, 1878 $1 Goloid Metric Dollar, Judd-1563, Pollock-1754, Low R.6, PR62 PCGS.

This one is said to actually be struck in goloid alloy.

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Permalink Reply by Jiri on January 30, 2011 at 5:51pm

I don't own it . I was't sure if this is coin because I coudn't find it in the red book.

Gary said:

AWESOME COIN!! So do you own this coin Jiri, and did you win it at the Heritage Auction? Or are you just asking if this type of Gold Coin is really a U.S. coin? I get a little lost on these post that just say is it real?

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Permalink Reply by Jiri on January 30, 2011 at 5:55pm

Thank you to everyone for their informations . Jiri

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Permalink Reply by Clair Alan Hardesty on January 30, 2011 at 8:23pm

It was a pattern piece, a test coin in a possible effort to mint an international dollar, a coin that would be accepted around the world at the same value because of its special mix of metals. There are a number of examples that were minted in different metals, this one in the intended goloid as dictated on the reverse. Some were copper and I think a few were aluminum, which cost more than gold at that time.