Questions about Goloid Dollars...

MrEureka · February 23, 2006 9:20AM

Which is rarer: J-1626 (Goloid) or J-1627 (Silver)? How do you know? Which is worth more?

Regulated · February 23, 2006 10:56AM

Sounds like a trick question. If I had to make something up off the top of my head, I would say that the reported rarity for silver examples is WAY off - I would guess that real silver pieces are probably R-7 (as opposed to R-3, which seems to be listed in all the books), while the goloid pieces account for most of the J-1627s. They seem to sell for the same amount, but if I had one that I knew to be 90% silver, I would just put it away and wait for the others to get analyzed.

librtyhead · February 23, 2006 10:56AM

I LOVE those!!!!!!!!!!!!!!!!!!!!!!!!

Cladiator · February 23, 2006 11:07AM

what the hell is goloid?

chabot510 · February 23, 2006 11:08AM

mine isn't imaged yet.

a real neat piece, i have the J-1626 pr 62 ex pittman!

MrEureka · February 23, 2006 11:11AM

If I had to make something up off the top of my head, I would say that the reported rarity for silver examples is WAY off - I would guess that real silver pieces are probably R-7 (as opposed to R-3, which seems to be listed in all the books), while the goloid pieces account for most of the J-1627s.

Why would you guess that the 1627 is rarer? I'd guess just the opposite. But my reasons later.

RedneckHB · February 23, 2006 11:23AM

I used to own this coin. ANR

For the price realized it really didnt seem like a very rare pattern.

Regulated · February 23, 2006 11:29AM

My guess is based upon the fact that other off-metal variants are R7 or higher. Of course, then I would have to assume that they had a fair amount of goloid on hand, because if they ran out, they would probably have cheated and used silver.

MrEureka · February 23, 2006 11:37AM

I figure that the Goloid specimens are true patterns and the silver pieces were just restrikes made for collectors. I don't expect they were made much later - it might be a matter of only months - but then again the same could be said about the Stella restrikes.

Regulated · February 23, 2006 11:42AM

That seems sensible, but most of the 1626/27s are around 216 grains or over. I would guess that the lightweight (215-gr and lower pieces) are silver, while the heavier ones are goloid, with the heaviest pieces struck on blanks intended for J-1754.

At this point, I am just making things up.

edited to add: the statutory weight for these was just a hair over 216-grains.

CarlWohlforth · February 23, 2006 11:49AM

Neat pattern!

Goloid, huh? At least the reverse explains what it is!!!

Andy, why are you asking questions when you already know the answers?

MrEureka · February 23, 2006 12:03PM

Andy, why are you asking questions when you already know the answers?

Just for kicks, although this time I really don't know the answer.

Conder101 · February 23, 2006 10:58PM

It's been a long time since I did any real study on patterns, but is it possible that the silver pieces are not restrikes, but silver pieces struck from the same dies to demonstrate that the Goloid alloy was not practical and could not be told from standard silver? If I remember correctly the mint officiers were vey much against the scheme and found the detailed treatment steps that the developer of the goloid alloy insisted be performed on the planchets in order to give it the distinctive color it was supposed to have. (And the treatments didn't work. The goloid still looked like silver.)

Julian · February 24, 2006 12:48AM

I believe that the J-1626 is rarer, for the reason that you stated, Andy. The silver ones (1627) are almost certainly made after the goloid coinage.

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