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ANGUILLA: Provisional Government, AR liberty dollar, 1967, XF

Currency:USD Category:Coins & Paper Money / World Coins - The Americas Start Price:500.00 USD Estimated At:500.00 - 700.00 USD
ANGUILLA: Provisional Government, AR liberty dollar, 1967, XF
SOLD
850.00USD+ buyer's premium
This item SOLD at 2026 Jan 23 @ 12:27UTC-08:00 : PST/AKDT
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BUYER'S PREMIUM - The Buyer's Premium is $20 per lot or 20% of the hammer price, whichever amount is greater.
ANGUILLA: Provisional Government, AR liberty dollar, 1967, KM-X9, Referendum on Anguilla's Secession, countermarked on Mexico Zacatecas Mint silver peso (KM-409.3), extremely rare on this host, XF, RRR. These countermarked coins, "Anguilla Liberty Dollars, July 11, 1967", were made by Scott Newhall, then-editor of the San Francisco Chronicle. Always on the lookout for a zany antic to splash across the editorial pages of the Chronicle, Newhall embraced the so-called Anguillan revolution of 1967. To facilitate commerce for the revolutionaries, Newhall, an avid coin collector, took 11,600 dollar-sized silver coins and countermarked them in the basement of the Chronicle building in San Francisco. The idea was Newhall would be recompensed for his actual costs, and the new Anguillan government would sell the coins to collectors at a surcharge and keep the profits. It bombed. Just 2,000 to 3,000 were put into commerce, and Newhall was stuck with the balance of the defaced coins, which he eventually sold for the melt price of silver. Many more were melted in the following years and they are now becoming scarce.