The Schoolgirl dollar is George T. Morgan’s masterpiece. The design of Liberty faces left, with E PLURIBUS at the left rim, seven stars above, UNUM at the right rim, four more stars, the date 1879, and finally two more stars before we come back around from whence we began. Liberty’s hair is combed back and tied with a ribbon behind her head. A hairband is inscribed LIBERTY, and a string of pearls encircles her neck, as her flowing locks cascade down her shoulder.
The reverse features a defiant eagle, seemingly about to take flight, facing left on a rectangular perch with IN GOD WE TRUST. An olive sprig is in the left field, with three arrows in the right field. UNITED STATES OF AMERICA and ONE DOLLAR are at the rims, separated by periods.
The Heritage January 3-8 FUN US Coins auction features the finest certified 1879 Schoolgirl dollar, graded PR66 Deep Cameo by PCGS. This coin is struck in silver with a reeded edge. Saul Teichman has traced only 15 examples of the Schoolgirl dollar in silver, and the complete roster is listed on USPatterns.com. This is his #9 example, pieces that are listed in no particular grade order.
Of the 15 known pieces, four are impounded in museums (two in the Smithsonian, one in the ANS, and the DiBello-Bass coin is in the ANA Museum). Many of the known examples have been cleaned. Those two factors drastically reduce the number of collectible Schoolgirl dollars.
This is a deeply mirrored example with strikingly frosted devices, the combination of which produces a strong (or Deep) Cameo effect. Most of each side is brilliant with a noticeable ring of deep golden toning around the margin on each side.
This is the highest-graded and only graded Deep Cameo example certified by PCGS and nothing comparable has been graded by NGC, making this the finest example certified by either of the major services. A lifetime (or two) may pass before the opportunity occurs again to purchase this finest known Schoolgirl dollar.
To be sold as LOT 5241
RESERVE AMOUNT: $325,000