1900 $1 Lafayette MS (PCGS# 9222)

FUN08 PN

  • Auctioneer:
    Heritage Auctions
  • Lot Number:
    3414
  • Grade:
    MS67
  • Price:
    $69,000.00
Lot Description
1900 $1 Lafayette Dollar MS67 PCGS. DuVall 1-B. Funds were raised by the school children of America until $50,000 was accumulated--enough to create the statue and present it to France in time for the 1900 Exposition Universelle. In the Bowers' reference on commemoratives, he states that the statue today is located "in the Place du Carrousel in the court of the Tuileries adjacent to the Louvre." A couple of years ago we mentioned in a catalog that we had never been able to locate the statue in this location. We received a reply from a reader in Australia who said that about 20 years ago it was moved to make room for the I.M. Pei glass pyramid. Today it is located near the quai de Albert on the right bank of the Seine not far from the monument to Simon Bolivar. A Superb, awe-inspiring example of this popular, crown-sized early commemorative. Both sides are beautifully toned in various tones of sea-green, gunmetal-blue, gold, magenta, and crimson. The underlying surfaces exhibit a vibrant, satiny appearance, being remarkably free of most coin-to-coin contact. The typical Lafayette dollar, an issue that was sold in great numbers to the non-collecting general public, is lightly circulated and often cleaned. Even a pleasing MS63 specimen can be difficult to find. Superb coins are of the utmost rarity and quickly absorbed by the serious commemorative collector. Population: 5 in 67, none finer at either service (12/07).
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