1826 So-Called Dollar HK-1002, Erie Canal

Coin Details

Description

This 1826 Erie Canal commemorative (HK-1002) is a piece cataloged in the monetary section of the Hibler-Kappen so-called dollar reference. The Erie Canal, completed on October 26, 1825, was the transformative 363-mile waterway connecting the Great Lakes to the Atlantic Ocean across New York State. Governor DeWitt Clinton celebrated with the 'Wedding of the Waters' ceremony, pouring a keg of Lake Erie water into New York Harbor. The canal reduced shipping costs by over 90 percent, transformed New York City into America's dominant commercial port, and opened the continental interior to settlement and trade. The so-called dollar collecting community has grown significantly since the Hibler-Kappen catalog's initial publication, with specialized dealers, dedicated reference works, and an active collector base supporting a market that values historical significance, artistic merit, rarity, and condition. Heritage Auctions, Stack's Bowers, and other major numismatic auction houses regularly feature so-called dollars in their sales.

Rarity Notes

This 1826 so-called dollar is generally scarce in the numismatic market. Examples are collected by specialists in so-called dollars and American medallic art.

Cross References

HK-1002; PCGS #643758