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1849 PS$1 Pacific Company, Silver Pattern MS

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The Pacific Company gold dollar was believed to only exist as a pattern in silver until 1999, when a metal detectorist discovered an example buried in Bethlehem, Pennsylvania. A second specimen was properly attributed by numismatist Stuart Levine in 2002, after being misidentified as a gilt silver pattern for nearly a century. In 2022, a third example appeared, having been held by a family since the 1920s when it was pulled from the coin box in a San Francisco cable car. All known pieces are struck in debased gold (approximately .600-fine).

Obverse Description

Liberty cap on pole in a glory of rays with 30 stars 1 DOLLAR

Reverse Description

Eagle with laurel and mining hammer PACIFIC COMPANY CALIFORNIA 1849

Catalog Information

GSID: 285888
Obverse Lettering: 1 DOLLAR
Reverse Lettering: PACIFIC COMPANY CALIFORNIA 1849
Strike Type: Business
Coin Shape: Round
Edge: Reeded
Variety: Pacific Company
Variety 2: Silver Pattern
Coin Date: 1849
Denomination: PS$1
Designation: MS
Mint Location: California
Coinage Type: Private & Pioneer Gold
Coinage Years: 1849
Composition: Silver
PCGS #: 521600
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