SO-CALLED DOLLAR APPEARANCE/CONDITION:

Type I Variety: Choice Uncirculated

*A beautifully toned choice uncirculated example of this R7 issue. Areas of deep burgundy, violet and gold are exhibited on the outer peripheral edges of the piece. The primary fields are toned dove grey with streaks of rustic and ruddy-grey. —

“PEDLEY PYAN & CO DENVER” overstruck on the reverse, doubling can be seen on nearly every letter. Although one cannot see from the photos, a significant ~45-degree die-rotation is exhibited on the piece. — Just 3 examples grade higher; all of which are MS-64. Therefore, this issue is tied for second finest graded at MS-63.*

SO-CALLED DOLLAR BACKGROUND:

“On Jan. 5, Pedley-Ryan began its sale of round, rimless, plain-edge discs. Size of a standard U.S. dollar, they contained one ounce of silver, 430 grains 99% fine. The slugs were sold three for a dollar and Pedley-Ryan was to redeem them at prevailing market prices of silver. — Only 60 of the Type I variety was issued, all on Jan. 5, 1933.”

—————

DESIGNER: Pedley-Ryan

CATALOG NUMBER: HK-822

RARITY: 60 (Total Struck)

(NGC Pop = 12; 3 Finer - Total Pop = 23): [03/2024]

Rarity Level 7 = ~11-20 Known - Designated "Extremely Rare"

SO-CALLED DOLLAR DESCRIPTION:

(Planchets were made by the Sachs-Lawlor Co. of Denver, Stamped by a Girl in the Pedley-Ryan Office, 99% Silver, 430 Grains, 38mm, Round, Plain Edge)

OBVERSE: Pedley-Ryan & Co. • Denver

REVERSE: Pedley-Ryan & Co. • Denver [same as obverse].