1909 So-Called Dollar HK-805, Thomas Elder, Dollar

Coin Details

Auction Record

$1,020 MS61 08-20-2019 Stack's Bowers

Description

HK-805 is a numismatic medal from the prolific workshop of Thomas L. Elder, the legendary New York coin dealer who cataloged 292 auction sales between 1903 and 1940. Thomas K. DeLorey's comprehensive 1980 article 'Thomas L. Elder, A Catalogue of his Tokens and Medals,' published in The Numismatist, established the definitive numbering system (DeLorey-1 through DeLorey-104+) and won both the Heath Literary Award and the Wayte and Olga Raymond Memorial Literary Award in 1981. Elder published through the Elder Monthly (1906-1907), The Elder Magazine (1910-1911), and the Elder Rare Coin Book (1934). He died on May 11, 1948, at Travelers Rest, South Carolina. For the 1909 Hudson-Fulton Celebration in New York City, Elder commissioned the Hendrik Hudson Daalder and Robert Fulton Dollar series, designed by Frank C. Higgins, modeled by J. Edouard Roine, and struck by Medallic Art Company. The silver version (HK-369, 38mm, 75-100 struck) and aluminum version (HK-370, 200+ struck) are among Elder's most sought-after productions. So-called dollars acquired their name because they are not true dollar coins but rather privately issued medals that approximate the size and weight of U.S. silver dollars. The collecting specialty emerged in the early 20th century and was formalized by the Hibler-Kappen catalog, which organized hundreds of diverse pieces — from exposition medals to political tokens to private monetary experiments — into a coherent collecting framework.

Rarity Notes

Thomas Elder numismatic so-called dollars from the HK-798 to HK-819 range survive in varying quantities. Various compositions exist, with silver being the rarest and base metals more commonly encountered. The lettered variants (a, b, c suffixes) are generally scarcer than the primary types. Elder's pieces are actively collected both as so-called dollars and as examples of early 20th-century American numismatic entrepreneurship.

Cross References

HK-805; PCGS #643533