1933 Colorado's "Century of Progress" Dollar. Type IV. Silver. 40 mm. HK-870. Rarity-3. MS-65 (NGC).
BEAUTIFULLY TONED SILVER MEDAL.
HERITAGE AUCTIONS SOLD ANOTHER NGC GRADED MS 65 EXAMPLE IN 2021 FOR $432.00.
Colorado State Legislature failed to appropriate funds for participation in Century of Progress Exposition, Chicago, 1933. Many Denver and other civic organizations, knowing that 32 or more other states were to have official exhibits, believed that Colorado's non-appearance would be detrimental to its industrial welfare.
About $60,000 was estimated to be necessary to assure proper representation and only about 30 days then remained in which to raise it. A plan to produce and sell "Colorado Dollars" was devised and adopted by Colorado Century of Progress Commission to accomplish this objective.
On Feb. 1, 1933, Commission announced that one-ounce discs of pure silver would be sold at $1 each, silver costing but 28 cents an ounce at that time. Next day Gov. Ed C. Johnson of Colorado purchased first token and general sale was started throughout state. The discs were advertised and sold elsewhere by Colorado State Board of Immigration, Denver, for $1.25 each.
Planchets were made by Sachs-Lawlor Co., Denver. The H. H. Tammen Co., also of Denver, struck the pieces. All have plain edge. First three types have incuse letters and figures. Type IV is embossed.
MY NGC REGISTRY SET "BRUCE THOMAS COLLECTION OF SO-CALLED DOLLARS AND OTHER MEDALS" WAS VOTED AS THE BEST CUSTOM SET FOR 2018 BY THE NGC REGISTRY AWARDS. I AM VERY PROUD OF THIS ACCOMPLISHMENT, AND THANKS TO NGC FOR THIS HONOR.
I WILL BE LISTING MANY MORE EXONUMIA ITEMS IN THE FUTURE, INCLUDING MANY SO-CALLED DOLLARS, DEWITT LISTED POLITICAL CAMPAIGN MEDALS, AND OTHER UNITED STATES HISTORIC MEDALS. THANK YOU FOR CONSIDERING MY LISTINGS TO ADD TO YOUR COLLECTION.