George III silver Proof Pattern "Garter" Dollar 1804 PR66 NGC, KM-Pn66, ESC-182, Davis-21. Plain edge. C.H.K. on truncation. Struck over a Spanish colonial 8 Reales with areas of the undertype readily visible, especially in the legends; accordingly we can say with confidence the host coin is a Charles IV 8 Reales of 1802. Most examples of this type were struck over earlier coins, usually Spanish colonial 8 Reales (except for some Proofs struck on specially prepared flans). The obverse of this specimen shows the laureate and draped bust of George III right, whilst the reverse is notable for its small, circular crowned garter with divided date 18-04 above and denomination (DOLLAR) below. This reverse type never made its way onto the currency issues of this denomination. The strike is bold for an overstruck issue, with gorgeous mirrored fields. The obverse has a bright argent-gray appearance, while the reverse has a touch of golden patina with small patches of russet color. Extremely rare, especially in this exceptional state of preservation, and sure to elicit significant bidder attention. Ex. Cape Coral Collection; Millennia Collection (Goldberg's, May 2008, Lot 410, where it hammered at $14,000).

HID99912102018