1849 $1 GOLD
Prior to 1999, the only Pacific Company $1 coins were silver versions,
including (but not limited to) a unique uniface obverse striking on a 1776
Spanish Real, and a unique example struck over a U.S. Half Dime. In
June 1999, Jerald Reinford of New Bethlehem, Pennsylvania discovered a
gold Pacific Company $1 while treasure hunting with a recently purchased
metal detector. The coin Reinford found has solder remnants at the
top and bottom of the reverse.
Known examples (2):
Ex - Ben Green's auction of August 1910 - Virgil Brand - possibly
offered in J.C. Morgenthau's 1933 sale, but later returned to the
Brand family - Auctions by Bowers and Merena Inc. "Virgil
Brand", June 1984, Lot 1545 - Jay Roe - Bowers and Merena Galleries "The Rarities Sale", July
31, 2002, Lot 943, "...Pattern
or trial striking in silver or related alloy, gilt.
Kagin-1. sharpness of AU-50, lightly cleaned...Reeded
illustrated, sold for $50,600.00 - Stu Levine. Later testing
revealed this piece to be gold, not gilt, making it only the second
gold example known of this type!
Fine-12". Discovered by Jerald Reinford in June 1999 -
Bowers and Merena Galleries "The Paul S. Mory, Sr.
Collection" auction, June 22-23, 2000, Lot 1041, illustrated
Sources and/or recommended
"Rare find makes top
lot" by Ray Sidman, Numismatic News, May 2, 2000, pages
1 and 92