1826 HK-2, U.S. Semicentennial Dollar

Coin Details

Auction Record

$7,800 AU55 08-25-2021 Stack's Bowers

Description

The 1826 U.S. Semicentennial so-called dollar (HK-2) is a commemorative piece from the Early Commemoratives series. The medal-issuing tradition in this era drew on European precedents, with 51 gold Erie Canal medals presented to dignitaries including Lafayette and three surviving signers of the Declaration of Independence. The bronze composition of this piece reflects the medallic tradition dating to classical antiquity. Bronze so-called dollars typically survive in better condition than white metal examples due to the alloy's greater hardness and durability. Early commemorative medals were produced in small quantities by private die sinkers, with white metal and copper being the most common compositions. Distribution was typically limited to event participants and subscribers. The Hibler-Kappen catalog, first published in 1963 by Harold E. Hibler and Charles V. Kappen, systematically organized American so-called dollars for the first time, assigning HK numbers that remain the standard reference today.

Rarity Notes

HK-2 is scarce in the numismatic market. Production quantities for early 19th century commemorative medals were typically modest, and survival rates vary significantly based on the original distribution method and the material's durability.

Cross References

HK-2; PCGS #642002; NGC #850003