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Description

1871 Commercial Dollar, PR63
Judd-1154, Ex: Bass
Only Three Pieces Believed Known

1871 T$1 Commercial Dollar, Judd-1154, Pollock-1298, High R.7, PR63 PCGS. Ex: Harry Bass. Commercial dollar pattern that depicts Liberty seated on the obverse, conjoined flags behind, left hand resting on the globe, and right hand wrapped around a Liberty pole with Phrygian cap on top. The reverse has COMMERCIAL DOLLAR/420 Grs/900 FINE in the center, surrounded by an olive wreath with UNITED STATES OF AMERICA at the upper margin. Struck in silver with a reeded edge.
The Bass catalog points out this was the first Trade dollar but was called a Commercial dollar. It also mentions the distinctive GOD OUR TRUST motto on the reverse ribbon, a curious throwback considering the motto IN GOD WE TRUST was adopted in 1864 on the two cent piece. John Haseltine stated only three pieces were struck of this pattern, and that appears to be the case, as USPatterns.com only traces three separate examples.
The surfaces are essentially brilliant, but when closely examined just a bit of pale golden patina can be made out. A few light hairlines seem to account for the grade, but this is definitely upper-end for a PR63.
Ex: Colonel E.H.R. Green; Barney Bluestone (4/1943); New Netherlands 61st Sale (6/1970), lot 43; Bass I (Bowers and Merena, 5/1999), lot 1310.
From The McCoy Family Collection of U.S. Patterns.

Coin Index Numbers: (NGC ID# 2A5D, PCGS# 61416, Greysheet# 14075)


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Auction Info

Auction Dates
January, 2011
5th-9th Wednesday-Sunday
Bids + Registered Phone Bidders: 11
Lot Tracking Activity: N/A
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