Annular/Holey Dollar Patterns
1852 PG$1 Gold Dollar, Judd-145 Thick, Pollock-173, Low R.6, PR66 PCGS
An annular pattern with a wide opening that restricts the legends to the date, denomination, and country name. Room is found on the lower half of the reverse for a wreath ornament. Struck in gold with a plain edge. The issued gold dollar was essential to commerce in 1852, since silver coins were hoarded at the time. The gold dollar was a small piece and easily lost. This annular pattern was intended to provide the gold denomination in a larger, more convenient form. Various simple designs were struck (Judd-136 to Judd-148), but the implemented solution was to reduce the weight of several silver denominations, which returned them to circulation.
$29,900.00 (Jan 2, 2007 HA.com)
Source for information and pictures courtesy of Heritage Coin Auctions
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