HK-789, R.1. Joseph Lesher was a Colorado businessman and silver mine owner who was, logically, a proponent of the widespread use of silver. Even though the Democrats lost the 1896 and 1900 elections, thereby quelling the Free Silver movement, Lesher still advocated unlimited metal dollar coinage. He issued a series of octagonal pieces that he called "Referendum Souvenirs," so shaped to avoid breaking any Federal laws. Although each piece only contained $0.65 worth of silver at that time, he promised to pay $1.25 in U.S. money for each piece redeemed to him for the first type dated 1900 and $1 each for the 1901-dated pieces. The dies for this variety were prepared by Frank Hurd and approximately 1,000 examples of HK-789 are believed to have been struck. The present example is numbered 782. Although this is a common type in an absolute sense, Lesher Dollars are always in demand among specialists. Both sides are attractively toned in argent-gray and steel-blue shades with no outwardly noticeable post-production distractions. (PCGS 19002)
HK-789, R.1. Joseph Lesher was a Colorado businessman and silver mine owner who was, logically, a proponent of the widespread use of silver. Even though the Democrats lost the 1896 and 1900 elections, thereby quelling the Free Silver movement, Lesher still advocated unlimited metal dollar coinage. He issued a series of octagonal pieces that he called "Referendum Souvenirs," so shaped to avoid breaking any Federal laws. Although each piece only contained $0.65 worth of silver at that time, he promised to pay $1.25 in U.S. money for each piece redeemed to him for the first type dated 1900 and $1 each for the 1901-dated pieces. The dies for this variety were prepared by Frank Hurd and approximately 1,000 examples of HK-789 are believed to have been struck. The present example is numbered 782. Although this is a common type in an absolute sense, Lesher Dollars are always in demand among specialists. Both sides are attractively toned in argent-gray and steel-blue shades with no outwardly noticeable post-production distractions. (PCGS 19002)
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