King Kalakaua Silver Dollar
$8,800.00
Hawaii
Choice Brilliant Uncirculated
Created by Charles E. Barber, the coinage was based on designs by California sugar baron Claus Spreckels who financed the production of the coins. Originally, 500,000 coins were struck in San Francisco, but because gold currency was the preferred medium of exchange for settling debts in both the U.S. and Hawaii, some members of the business community refused to accept these coins, resulting in the melting of 450,000 of the silver dollars. This, combined with the Chinatown fires of 1887 and 1900, leave the question open how many exist today especially in mint state?
This is a rare opportunity to acquire a piece of history.