Dominica (1770) 11 bits

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photo courtesy Ira & Larry Goldberg
photo courtesy Ira & Larry Goldberg
This specimen was lot 1044 in Goldberg sale 46 (Beverly Hills, May 2008), where it sold for $5,500. The catalog description[1] noted,
"Dominica. 'Heart-Pierced' Dollar, ND (c. 1770-1772). George III, 1760-1820. Type IV. Host coin: Mexico Pillar 8 Reales, 1756 Mo-MM (Mexico City), of Ferdinand VI,1746-59 (KM-104.1); heart-shaped piercing, with cable border edging at front and back. Well centered on a well struck reales. Even gray toning, with colorful iridescence in the recesses. An attractive example. Rare. NGC graded EF-45. This dollar was first tariffed at 10 Bitts when first issued with the heart-shaped piercing. By 1798, however, the value had been raised to 11 Bitts. The patterned edging to the pierced shape was introduced around 1765 as a deterrent to prevent the shaving of silver from the edges of the opening. Apparently this 'unscrupulous' practice of shaving, which it seems was practiced by many, became early on a sufficiently widespread problem to require this remedy."

Recorded mintage:

Specification: 22.68 grams.

Catalog reference: Prid-16; WR-13; KM 20 (as Martinique).

Source:

  • [1]Goldberg, Ira, and Larry Goldberg, Goldberg Sale 46: the Millenia Collection, Beverly Hills, CA: Ira and Larry Goldberg Auctioneers, 2008.
  • Michael, Thomas, Standard Catalog of World Coins, 1701-1800, 7th ed., Iola, WI: Krause Publications, 2016.

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