United States 1 Dollar \"1880 Goloid Metric Dollar\" Pattern

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keywords: United States, 1 Dollar \"1880 Goloid Metric Dollar\" Pattern, 1 Dollar \"1880 Goloid Metric Dollar\" Pattern, coin collecting, numismatics, United States

Introduction

The 1 Dollar "1880 Goloid Metric Dollar" Pattern coin holds a significant place in American numismatic history. This pattern coin, struck in 1880, represents an experimental phase in the United States Mint's coinage history. The coin's unique composition and design set it apart from regular circulating currency of its time, making it a sought-after piece for collectors and enthusiasts.

Historical Background

The United States Mint, always exploring new coinage technologies and metals, introduced the Goloid composition for this pattern dollar in 1879. Goloid was a silver alloy containing 1 part gold to 24 parts silver and 2 parts copper. The 1880 Goloid Metric Dollar aimed to test the feasibility of this composition for regular coinage. Although the Goloid Metric Dollar never entered circulation, it remains a fascinating relic of American coinage experimentation.

Coin Images

Coin obverse image Obverse

Coin reverse image Reverse

Design Features

The obverse of the 1880 Goloid Metric Dollar features a bold Liberty head facing left, with the inscription "UNITED STATES OF AMERICA" encircling the portrait. The reverse displays a majestic heraldic eagle with outstretched wings, clutching arrows and an olive branch, surrounded by the denomination "1 DOLLAR" and the motto "IN GOD WE TRUST." The intricate design details and sharp relief of these coins showcase the artistry of the era.

Technical Specifications

  • Denomination: 1 Dollar
  • Composition: Goloid (1 part gold, 24 parts silver, 2 parts copper)
  • Diameter: 38.1 mm
  • Weight: 26.73 grams
  • Edge: Reeded
  • Mint: United States Mint

Collectible Value

The 1880 Goloid Metric Dollar pattern coin holds significant collectible value due to its historical importance and rarity. As an experimental piece that never entered mass production, these coins are highly sought after by collectors of American numismatics. The market value of these coins can vary based on condition and provenance, with well-preserved specimens commanding premium prices at auctions and numismatic events.

Conclusion

In conclusion, the 1 Dollar "1880 Goloid Metric Dollar" Pattern coin represents a unique chapter in American coinage history. Its innovative composition, intricate design, and limited mintage make it a prized possession for collectors and enthusiasts alike. By owning a piece of this numismatic treasure, one can truly appreciate the artistry and experimentation that shaped the coins we cherish today.

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