May 28, 2001, The Fairchild Family Trust Collection, Sale 10

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Hawaii Coins and Tokens

Lot 839
5 piece Hawaiian coin set. The set grades VF to AU. We note that the 1847 cent grades EF-45, and the 1883 dollar grades VF-30. Lot of 5 coins.
Estimated Value $800-900.

Choice Proof 1883 "Hapawalu" Rarity

Lot 840 Click on photo for enlarged version Click on photo for enlarged version
1883 Hawaiian Eighth Dollar. PCGS graded Proof 63. This is an extremely rare example of the Hapawalu, or Eighth Dollar (one "bit", or half a quarter = 12 ½¢). Only 20 were struck as pattern issues for the Hawaiian Government from a single pair of dies prepared at the Philadelphia Mint. Curiously, the other pattern issues for Hawaiian coinage were prepared and coins struck at the San Francisco Mint. These dies were prepared by Charles E. Barber and or George T. Morgan. Claus Sprekels, the sugar king, used his influence to have the coins made for the Hawaiian Government.
We note faint hairlines in the fields, accounting for the grade, and the devices are all sharply struck. Toned a bit with hazy gold around the edge, and with a minor streak in the left obverse field, with a tiny mint made flaw within the streak below the first A of KALAKAUA near the King's neck. Apparently struck in silver (as well as other metals) with a reeded edge, which is visible in the PCGS holder. Long known as a classic rarity, and certain to be the highlight of any specialized Hawaiian collection.
Soon after the dies were prepared, and a few coins struck, the Hawaiian Government decided to change the denomination from a 12 ½¢ coin to a dime, sealing the fate of this curious issue. The original dies were defaced and now reside in the Hawaiian state archives. Few auction records are recorded for these, they simply don't turn up often with so few minted. The last one we noted was offered in Superior's February 1999 auction, lot 1509, but it was only PCGS PR-61.
A recent PCGS Population Report notes only 3 graded as such, with 2 coins graded higher, both PR-66 (same coin submitted twice?), and a few graded lower than PR-63.
Estimated Value $20,000-UP.

Lot 841 Click on photo for enlarged version Click on photo for enlarged version
1891 Hawaiian Pattern Silver Dollar, Queen Liliuokalani Gould-90. Proof 65. This silver medal was made to order by a wealthy London collector named Reginald Huth, and produced by Messrs. Pinches & Co., die sinkers and medallists of London. Note the tiny date 18 93 on the two surrounding stars by the denomination on the reverse. The portrait of Queen Liliuokalani, the sister of King Kalakaua, is quite becoming. Only 50 were struck in silver, and one in gold using a different reverse. This is clearly one of the finest to exist, with superb surfaces and even more magnificent deep blue toning than words can describe. Make sure to view this beauty before the sale to see the stunning surfaces and color. The only signs of handling we found were minor light hairlines in the mirror fields.
Estimated Value $2,500-UP.
Purchased from Abner Kreisberg many years ago for $950.

Lot 842
1883 Hawaiian coinage group. This lot includes the 1883 Hawaiian dollar; half dollar; quarter and dime (3 pieces). Grades range from Good to Very Fine. Most have been cleaned, but good for distribution on ebay! Lot of 6 coins.
Estimated Value $250-300.

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