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- 1868 $10 Ten Dollar, Judd-664, Pollock-739, Low R.7, PR64+ Cameo NGC. CAC. This Liberty Head eagle pattern is an off-metal strike in aluminum with a reeded edge from the regular-issue dies for the year. It is both ironic and serendipitous that two of the largest coins in the complete 16-piece aluminum set, the eagle and double eagle, are among the best-preserved pieces therein as well. The eagle is likely among the rarest of the 1868 aluminum patterns as well, given that NGC and PCGS show only seven grading events between them, including likely duplicates. This piece is characterized by a bold strike over well-preserved surfaces that show much contrast between the field and devices, approaching a Cameo designation. A PR65 PCGS-certified example of this issue appeared in American Numismatic Rarities' January 2006 auction as lot 941, where it brought $13,225. We handled the same piece twice in 2011, where it realized $14,950 in each appearance. Part of a complete 16-piece aluminum proof set. Ex: Treasury Secretary Hugh McCulloch (circa 1868); McCulloch family; Eric Newman; Eric P. Newman Numismatic Education Society. Realized $11750.00. Description courtesy of Heritage Auctions.
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- 1868 $5 Five Dollar, Judd-660, Pollock-733, Low R.7, PR63 NGC. The regular dies for the Liberty Head half eagle of 1868 were used to strike this aluminum pattern with a reeded edge. Only seven examples are certified between NGC and PCGS combined, including likely duplications. A trio of small marks in the left obverse field near star 4 can be used for future pedigree identification of this important pattern issue. The surfaces are pleasing overall and show quite a bold strike throughout both sides, although the excellent detailing is most immediately perceptible on the eagle's wings and feathers. This piece is in the same grade as the example in John Jay Pittman's 1868 aluminum set (incomplete, and not originally part of a complete group of 16 pieces) offered as lot 793 by David Akers in Part One of the Pittman Collection, October 1997, where it brought a modest $4,950. We find no other auction appearances between then and now. Census: 1 in 63+, 2 finer (8/14). Part of a complete 16-piece aluminum proof set. Ex: Treasury Secretary Hugh McCulloch (circa 1868); McCulloch family; Eric Newman; Eric P. Newman Numismatic Education Society. Realized $8225.00. Description courtesy of Heritage Auctions.
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- 1868 $5 Five Dollar, Judd-660, Pollock-733, Low R.7, PR63 NGC. The regular dies for the Liberty Head half eagle of 1868 were used to strike this aluminum pattern with a reeded edge. Only seven examples are certified between NGC and PCGS combined, including likely duplications. A trio of small marks in the left obverse field near star 4 can be used for future pedigree identification of this important pattern issue. The surfaces are pleasing overall and show quite a bold strike throughout both sides, although the excellent detailing is most immediately perceptible on the eagle's wings and feathers. This piece is in the same grade as the example in John Jay Pittman's 1868 aluminum set (incomplete, and not originally part of a complete group of 16 pieces) offered as lot 793 by David Akers in Part One of the Pittman Collection, October 1997, where it brought a modest $4,950. We find no other auction appearances between then and now. Census: 1 in 63+, 2 finer (8/14). Part of a complete 16-piece aluminum proof set. Ex: Treasury Secretary Hugh McCulloch (circa 1868); McCulloch family; Eric Newman; Eric P. Newman Numismatic Education Society. Realized $8225.00. Description courtesy of Heritage Auctions.
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- 1868 $3 Three Dollar, Judd-655, Pollock-728, Low R.7, PR63+ NGC. CAC. NGC and PCGS combined show only eight graded of the Judd-655 pattern, struck in aluminum with a reeded edge from the regular dies for the Indian Princess three dollar gold issue. Each side is well-preserved overall and shows attractive surfaces with perceptible contrast -- even if unmentioned at NGC -- between the fields and devices on each side. NGC and PCGS combined show only eight graded of this rare pattern issue. Both pattern specialists and three dollar gold fans should bid liberally on this piece. PCGS shows three graded, all in PR64. This PR63+ NGC example is bettered by two PR64 and one PR66 Cameo. But such certified population figures are likely misleading and duplicative: The last example in finer grade offered at a public auction was a Bowers and Merena auction in 1999, of a PR64 PCGS example. More recently, a PR62 NGC example brought $7,475 in a Stack's auction, lot 1734 (11/2009). Part of a complete 16-piece aluminum proof set. Ex: Treasury Secretary Hugh McCulloch (circa 1868); McCulloch family; Eric Newman; Eric P. Newman Numismatic Education Society. Realized $10575.00. Description courtesy of Heritage Auctions.
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- 1868 $3 Three Dollar, Judd-655, Pollock-728, Low R.7, PR63+ NGC. CAC. NGC and PCGS combined show only eight graded of the Judd-655 pattern, struck in aluminum with a reeded edge from the regular dies for the Indian Princess three dollar gold issue. Each side is well-preserved overall and shows attractive surfaces with perceptible contrast -- even if unmentioned at NGC -- between the fields and devices on each side. NGC and PCGS combined show only eight graded of this rare pattern issue. Both pattern specialists and three dollar gold fans should bid liberally on this piece. PCGS shows three graded, all in PR64. This PR63+ NGC example is bettered by two PR64 and one PR66 Cameo. But such certified population figures are likely misleading and duplicative: The last example in finer grade offered at a public auction was a Bowers and Merena auction in 1999, of a PR64 PCGS example. More recently, a PR62 NGC example brought $7,475 in a Stack's auction, lot 1734 (11/2009). Part of a complete 16-piece aluminum proof set. Ex: Treasury Secretary Hugh McCulloch (circa 1868); McCulloch family; Eric Newman; Eric P. Newman Numismatic Education Society. Realized $10575.00. Description courtesy of Heritage Auctions.
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- 1868 $2 1/2 Quarter Eagle, Judd-654, Pollock-727, Low R.7, PR64 Cameo NGC. This near-Gem aluminum quarter eagle was struck with a reeded edge from the regular-issue dies for the year. This piece is one of only seven graded of the issue between NGC and PCGS combined. The 1868 aluminum patterns have an interesting history. After Mint Director Henry R. Linderman's death in 1879, his widow apparently held on to a complete set for eight years before consigning it to a Lyman H. Low sale, where federal officials confiscated it and reportedly destroyed the coins. The affair was quite the cause c�l�bre in numismatic circles of the day, as the 1868 aluminum pattern sets were distributed to collectors at the time of their mintage. When Mint director, James P. Kimball, launched an investigation into the matter in 1887, the aluminum pieces were the only pattern issues for which he could find any record. This aluminum quarter eagle is well preserved and shows considerable cameo contrast, particularly on the obverse. Part of a complete 16-piece aluminum proof set. Ex: Treasury Secretary Hugh McCulloch (circa 1868); McCulloch family; Eric Newman; Eric P. Newman Numismatic Education Society. Realized $9987.50. Description courtesy of Heritage Auctions.
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- 1868 $2 1/2 Quarter Eagle, Judd-654, Pollock-727, Low R.7, PR64 Cameo NGC. This near-Gem aluminum quarter eagle was struck with a reeded edge from the regular-issue dies for the year. This piece is one of only seven graded of the issue between NGC and PCGS combined. The 1868 aluminum patterns have an interesting history. After Mint Director Henry R. Linderman's death in 1879, his widow apparently held on to a complete set for eight years before consigning it to a Lyman H. Low sale, where federal officials confiscated it and reportedly destroyed the coins. The affair was quite the cause c�l�bre in numismatic circles of the day, as the 1868 aluminum pattern sets were distributed to collectors at the time of their mintage. When Mint director, James P. Kimball, launched an investigation into the matter in 1887, the aluminum pieces were the only pattern issues for which he could find any record. This aluminum quarter eagle is well preserved and shows considerable cameo contrast, particularly on the obverse. Part of a complete 16-piece aluminum proof set. Ex: Treasury Secretary Hugh McCulloch (circa 1868); McCulloch family; Eric Newman; Eric P. Newman Numismatic Education Society. Realized $9987.50. Description courtesy of Heritage Auctions.
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- 1868 G$1 Gold Dollar, Judd-653, Pollock-726, Low R.7, PR63 NGC. This gold dollar pattern is struck in aluminum with a reeded edge from the regular-issue dies for the year. This aluminum silver dollar pattern is one of eight certified in all grades of this issue between NGC and PCGS combined (8/14). The well-preserved surfaces of this pattern gold dollar coin are nicely struck. This piece will most certainly appeal to the sophisticated collector. Part of a complete 16-piece aluminum proof set. Ex: Treasury Secretary Hugh McCulloch (circa 1868); McCulloch family; Eric Newman; Eric P. Newman Numismatic Education Society. Realized $4993.75. Description courtesy of Heritage Auctions.
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- 1868 $1 Dollar, Judd-652, Pollock-725, Low R.7, PR64 Cameo NGC. This silver dollar pattern is struck in aluminum with a reeded edge from the regular-issue dies for the year. Until the mid-1880s, when a new process to separate aluminum from its ores caused the price of the metal to plunge, aluminum was considered a precious metal. Today aluminum is common, but pattern silver dollar coinage remains quite precious to a large subset of pattern specialists. This aluminum silver dollar pattern is one of eight certified in all grades of this issue between NGC and PCGS combined (8/14). Well-preserved surfaces are doubly impressive when seen on a large-format coin such as this attractive specimen. Part of a complete 16-piece aluminum proof set. Ex: Treasury Secretary Hugh McCulloch (circa 1868); McCulloch family; Eric Newman; Eric P. Newman Numismatic Education Society. Realized $9400.00. Description courtesy of Heritage Auctions.
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- 1868 $1 Dollar, Judd-652, Pollock-725, Low R.7, PR64 Cameo NGC. This silver dollar pattern is struck in aluminum with a reeded edge from the regular-issue dies for the year. Until the mid-1880s, when a new process to separate aluminum from its ores caused the price of the metal to plunge, aluminum was considered a precious metal. Today aluminum is common, but pattern silver dollar coinage remains quite precious to a large subset of pattern specialists. This aluminum silver dollar pattern is one of eight certified in all grades of this issue between NGC and PCGS combined (8/14). Well-preserved surfaces are doubly impressive when seen on a large-format coin such as this attractive specimen. Part of a complete 16-piece aluminum proof set. Ex: Treasury Secretary Hugh McCulloch (circa 1868); McCulloch family; Eric Newman; Eric P. Newman Numismatic Education Society. Realized $9400.00. Description courtesy of Heritage Auctions.
