3004

Colorado. Victor. 1900 Bank Type. Jos. Lesher’s Referendum Souvenir Medal or Dollar. Zerbe-4, HK-790

Currency:USD Category:Coins & Paper Money Start Price:12,500.00 USD Estimated At:25,000.00 - 40,000.00 USD
Colorado. Victor. 1900 Bank Type. Jos. Lesher’s Referendum Souvenir Medal or Dollar. Zerbe-4, HK-790
CURRENT BID
0.00USD+ applicable fees & taxes.
ENTER YOUR MAXIMUM ABSENTEE BID[?]
You must bid at least
12,500.00USD
USD
12,500.00 x 1 unit = 12,500.00USDApplicable fees & taxes are added at checkout.
[?]Live Online Auction Starts In 2020 Feb 28 @ 19:30 (UTC-5 : EST/CDT)
Invoices Due on Receipt -Mail checks payable to Kagin's, Inc. 1550 Tiburon Blvd. #G-201 Tiburon, CA 94920
Kagin's Auctions Loyalty Program!
You get 1% Hammer(price) of your Purchases back as
credit towards your next Kagin’s Auction!

Colorado. Victor. 1900 Bank Type. Jos. Lesher’s Referendum Souvenir Medal or Dollar. Zerbe-4, HK-790. Rarity-8. VF-30 NGC. Serial No. 1696.

Dies as illustrated. A rare and important type in the scheme of things within the Lesher series. Medium silver-gray surfaces offer lighter silver high points. Well-circulated – or perhaps a long-time pocket piece -- but only minimally marked with no dings or dents at the many-sided rims. For this particular issue Lesher got carried away with its proclamation to “give merchandise or cash at any bank.” When he learned that it would not pass legal muster, nearly all were melted. As for rarity, NGC has certified just three examples of the issue in all grades, including the present piece, with another at EF-40, and the final piece at AU-58. In fact, just 10 examples of Zerbe-4 are known, with three of those in museum collections. A grand opportunity for an advanced specialist!
NGC Census: 1; 2 finer (AU-58 finest). This type has the same reverse as Zerbe #3, but the obverse was changed to read “A Commodity Will Give Merchandise or Cash At Any Bank.” It is not known what kind of ‘Merchandise’ the banks were expected to give, and Lesher soon realized that this issue was inviting trouble and he abandoned the Bank Type project.


Grading Company: NGC VF30

Pedigree/Collection: From the William C. Henderson - Christopher Marchase Collection of Lesher Referendum Souvenir Medals. Previously from the Mann; Boyd; Manderscheid; Fitzgerald; H.A.-2012; Lowman Collections.