3016

Nebraska. Holdrege. 1901 Imprint Type. J.E. Nelson & Co. Jos. Lesher’s Referendum Silver Souvenir Me

Currency:USD Category:Coins & Paper Money Start Price:15,000.00 USD Estimated At:30,000.00 - 40,000.00 USD
Nebraska. Holdrege. 1901 Imprint Type. J.E. Nelson & Co. Jos. Lesher’s Referendum Silver Souvenir Me
SOLD
13,000.00USD+ (2,600.00) buyer's premium + applicable fees & taxes.
This item SOLD at 2020 Feb 28 @ 19:44UTC-5 : EST/CDT
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Nebraska. Holdrege. 1901 Imprint Type. J.E. Nelson & Co. Jos. Lesher’s Referendum Silver Souvenir Medal or Dollar. Zerbe-13, HK-1018. Rarity-8. AU-55 NGC. Serial No. 5.

Dies as illustrated. Warm steel-gray with a blush of pale golden iridescence throughout. This specimen carries the lowest-known serial number for this rare merchant type. Another rare prize among Zerbe varieties. In fact, the presently offered Zerbe-13 is the finest certified example recognized thus far by NGC ; two other grading events exist for the variety, with both of those called VF by the firm. This specimen bears the lowest serial number among the handful of known survivors. A spectacular opportunity awaits the fortunate high bidder on this lot, as fewer than 10 examples of this out-of-state merchant and Lesher medal subscriber are thought to exist!
This unusual specimen was struck with a rotated reverse die alignment. The all-seeing eye at the top of the reverse Arms points to the side of the octagon one click shy of the usual 12 o’clock or medal turn position that the vast majority of Lesher medals exhibit.
NGC Census: 1; none finer. This variety is the same as Zerbe #5 except stamped “J.E. Nelson & Co. Holdrege, Neb.”
John E. Nelson owned a clothing company, located at 4th and Hayden (the Trammel Building) in Holdrege Nebraska. Nelson was the only merchant who used Lesher Dollars outside of Colorado. He may have distributed them to everyone who assisted with his Grand Opening, Oct. 22, 1903.
There are only 8 known Nelson Lesher Dollars. With the known examples numbered from 5 to 41, it is presumed that 50 medals were ordered. The pieces are serially numbered.


Grading Company: NGC AU55

Pedigree/Collection: From the William C. Henderson - Christopher Marchase Collection of Lesher Referendum Souvenir Medals.