Lusterrules So-Called Dollars

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Coin Details

Origin/Country: United States
Item Description: SC$1 (c.1861-65) HK-829 AARON WHITE SATIRICAL $
Full Grade: NGC MS 64 RB
Owner: Lusterrules

Set Details

Custom Sets: Lusterrules So-Called Dollars
Competitive Sets: This coin is not competing in any sets.
Research: NGC Coin Explorer NGC Coin Price Guide
NGC US Coin Census for So-Called Dollars - Hibler & Kappen

Owner Comments:

During the civil war, hard money (gold & silver coins) became so scarce that the U.S. government needed to print large amounts of paper money to finance the war effort. Aaron White was a lawyer from Connecticut who believed that the printing of paper money without the gold & silver to back it would eventually lead to the bankruptcy of the United States. He had this medal struck as a satirical piece to show his belief that paper money was worthless. This medal is made of copper and has a strong strike, great luster and gorgeous color. The NGC pop in MS-64RB is 4 with only 2 higher, both at MS-65. The overall rarity is R6 (21-75 known).

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