1867 Proof Dollar Pattern - J-593

Coin Details

Auction Record

$33,350 PR65 05-01-2009 Heritage Auctions

Description

A second proof dollar pattern for 1867, featuring die characteristics that distinguish it from J-592. Dollar patterns from the Reconstruction era are significant because the silver dollar was at the center of an increasingly contentious debate between hard money advocates and proponents of expanded currency. These patterns were produced against the backdrop of the Contraction Act of 1866, which authorized the Treasury to begin retiring greenbacks, and the ongoing political struggle over when and how to resume specie payments. The Mint's continued investment in dollar pattern production reflected its confidence that the denomination would play an important role in the restored monetary system.

Rarity Notes

R.6 to R.7. Estimated 10-15 examples survive.

Cross References

Pollock-3629