3009

Colorado. Pueblo. 1901 Imprint Type. D.W. Klein & Co. Jos. Lesher’s Referendum Silver Souvenir Medal

Currency:USD Category:Coins & Paper Money Start Price:7,500.00 USD Estimated At:15,000.00 - 20,000.00 USD
Colorado. Pueblo. 1901 Imprint Type. D.W. Klein & Co. Jos. Lesher’s Referendum Silver Souvenir Medal
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Colorado. Pueblo. 1901 Imprint Type. D.W. Klein & Co. Jos. Lesher’s Referendum Silver Souvenir Medal or Dollar. Zerbe-8, HK-794. Rarity-7. MS-61 NGC. Serial No. 1066.

Dies as illustrated. Deep and uniform steel gray with lively golden highlights throughout. The devices are sharply rendered and the impression is bold. Mark-free and attractive for the grade with soft underlying luster and a solid in-hand appearance. Just three examples of Zerbe-8 have been certified by NGC, including one circulated specimen. Today, slightly more than a dozen examples are thought to exist. A rare item from a merchant outside of Victor; Lesher’s “dollars” definitely made the rounds throughout the local mining camps.
NGC Census: 1; 1 finer (MS-62). In 1901 Joseph Lesher appointed David W. Klein, an “old friend,” Exclusive Agent for Pueblo, Colorado. David W. Klein then owned a retail liquor store located on South Union Ave in Pueblo. In 1900, Klein told Farran Zerbe that he had “experimented” with Lesher Dollars, buying 300 at 85 cents apiece, and only one was ever returned for redemption. This variety is the same as Zerbe #5 except stamped “D.W. Klein & Co. Pueblo, Colo.” The pieces are serially numbered.
From the serial numbers recorded, no more than 150 could have been stamped with his name (Wilde thought 100), so any additional pieces would have been issued blank. But perhaps Klein’s recollection was faulty. In any case, only 15 stamped pieces are known, 3 of them in museums.




Grading Company: NGC MS61

Pedigree/Collection: From the William C. Henderson - Christopher Marchase Collection of Lesher Referendum Souvenir Medals. Previously from the Cowell; Mann; V. Brand; Johnson. H. Brand; Whiteley Collections.