Owner Comments:
Lyman Allen #16.03 (KM #168) - Mintage: 10,000
The mintage may seem low, but these coins are relatively common in mint state. 10,000 uncirculated sets were ordered by the well known numismatist Farran Zerbe to be sold at the Philippine Exhibit at the Louisiana Purchase Exposition in St. Louis in1904. Supply far exceeded demand for these sets, and only 3,254 were sold at the exposition. The remaining 6,746 sets were shipped to the Philippines where another 500 were sold by the Treasury. The 6,246 unsold sets were ultimately released into general circulation.
This piece is very well struck and has reasonably good eye appeal, but a few too many contact marks must have kept if from garnering a higher grade.
Date acquired: 12/31/2004 (raw coin)
Date graded: 12/01/2007 (self submitted to NGC)
Rev. 11/26/2015