United States, 1878 AD., fake or replica of a US Goloid Dollar pattern, produced ca. 1980-2010, probably in China.

United States, fake or replica of a US Goloid Dollar, dated 1878 AD., pattern by Chief Engraver William Barber, produced ca. 1980-2010, probably in China.
1 Dollar fake or replica (ø 38 mm / 17,19 g), magnetic alloy, axes coin alignment ↑↓ (180°), reeded edge, - for official patterns of that era: 14.25 g. theor. mint weight,
Obv.: UNITED STATES OF AMERICA / GOLO1D. / 1 - G. / 16.1 - S / 1.9 - C. / GRAMS 14.25 / 100 CENTS, around and within circle of 38 stars.
Rev.: E PLURIBUS UNUM / LIBERTY / 1887 , Liberty faces left, with cap adorned with wheat ears, cotton leaves and bolls, eponymously inscribed in incuse letters. There are 13 stars ringing the rim, 7 stars to left of head and 6 to right, with the Latin motto "E Pluribus Unum" above and date below, Liberty written on head band of head, wheat in hair.
for genuine patterns cf. Judd 1563 ; - Pollock 1754 .

Year / Mintage
1878 / ?

Goloid, patented by Dr. Wheeler W. Hubbell in 1877, is a mixture containing 90 percent gold and silver, with each of the two metals in parts with equal intrinsic value, to which 10 percent copper was added to strengthen the alloy. Goloid is an alloy of silver, gold and copper patented by Dr. William Wheeler Hubbell on May 22, 1877. The alloy, in varying proportions (sometimes slightly out of these specifications), was used by the United States Mint to strike pattern dollars, sometimes called 'metric dollars' (some were marked with 'metric' in the coin design, while all had metal proportions and total coin weight as design features) from 1878 to 1880. Patterns of the same design were struck in other metals, including aluminum, copper, normal coin silver, lead, and white metal.
The goloid patterns were in response to legislation introduced in Congress in 1877 to provide for goloid to be used as an alloy for legal tender issues, with the pieces struck based on the metric system. However, the system was never adapted for circulation.
In the end, goloid was rejected as a coinage metal because it could not be distinguished from the normal U.S. 90% silver coin alloy without chemical analysis, thus inviting counterfeiters to use silver-copper alloys alone to make lower-value copies.'