1096

UNITED STATES: AR medal (30.72g), 1933, toned Unc

Currency:USD Category:Coins & Paper Money / US Coins Start Price:220.00 USD Estimated At:250.00 - 350.00 USD
UNITED STATES: AR medal (30.72g), 1933, toned Unc
SOLD
350.00USD+ buyer's premium (70.00)
This item SOLD at 2026 Sep 18 @ 13:11UTC-07:00 : PDT/MST
SPENDING LIMITS - If you need a higher spending limit please email us at payments@stevealbum.com

BUYER'S PREMIUM - The Buyer's Premium is $20 per lot or 20% of the hammer price, whichever amount is greater.
UNITED STATES: AR medal (30.72g), 1933, HK-870, 40mm silver "So-Called Dollar" for Colorado's 'Century of Progress' Celebration; CENTURY OF PROGRESS WORLD'S FAIR 1933 / USE SILVER TO RESTORE PROSPERITY around mining scene with a mine in the background and a worker with a horse // ONE OUNCE OF PURE SILVER/ COLORADO above State Seal within circle, TRADE MARK below, TYPE IV, usual die polishing marks, rare with original case and envelope of issue! toned Unc. The Colorado State Legislature failed to appropriate funds for participation in the Century of Progress Exposition in Chicago in 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 the Colorado Century of Progress Commission to accomplish this objective. On Feb. 1, 1933, the 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. The next day Grosvenor Ed C. Johnson of Colorado purchased the first medal and general sale was started throughout state. The discs were advertised and sold elsewhere by the 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 a plain edge. The first three types have incuse letters and figures while the last, Type IV, had raised inscriptions and designs.