BRUCE THOMAS COLLECTION OF SO-CALLED DOLLARS AND OTHER MEDALS
HK-224 PF 62 ULTRA CAMEO


Obverse
 
Reverse

Coin Details

 

Set Details

Coin Description:
Grade: NGC MS 64 DPL
Owner: Bruce Thomas Collection
 
Set Category: Token & Medals
Set Name: BRUCE THOMAS COLLECTION OF SO-CALLED DOLLARS AND OTHER MEDALS
Slot Name: HK-224 PF 62 ULTRA CAMEO
Research: See NGC's Census Report for this Coin

Owner's Description

Called by some "handsomest metal products" of exposition. Issued by Louisiana Purchase Souvenir Coin Co., in no way connected with exposition company. Round specimen appeared first at cost of 50 cents; purchaser entitled to guess number of total paid admissions, winner to receive $50,000 in gold! Promoters planned office at exposition entrance to redeem medals for admission tickets. Scheme launched at same time as Official Souvenir Coin Department of exposition became active and public long thought same was part thereof. Situation finally clarified by press releases. Obverse of medal bears crowned bust of Louis IX resembling that on Isabella quarter; also reverse bears word "coin." U.S. Treasury Department was asked by exposition to rule on both points but apparently no action taken. However, after "less than 25,000" round medals were sold, "a large order" was placed for octagonal shape. Almost concurrently, company disappeared following failure to secure either official recognition or concession privileges and octagonal issue bought up by souvenir and coin dealers. Most medals bear serial number on reverse, round ones under No. 25,000, octagonal ones over No. 25,000.

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