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5527

1878 7/8TF $1 Weak MS65 Deep Mirror Prooflike NGC. Even though 'Doubled Tail Feathers' is preferred by Dave Bowers for thi...

2005 September Long Beach Signature Auction #384

 
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Auction Ended On: Sep 24, 2005
Item Activity: 7 Internet/mail/phone bidders
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Location: Long Beach, CA
Description:
Rare Gem DPL 7/8 Feathers 1878 Dollar
1878 7/8TF $1 Weak MS65 Deep Mirror Prooflike NGC. Even though 'Doubled Tail Feathers' is preferred by Dave Bowers for this variety, the term '7 Over 8 Tail Feathers' has been in use for decades and is likely to remain in common parlance for the foreseeable future. This variety was long ago recognized as very scarce with any degree of reflectivity in the fields. In the mid-1970s this coin was worth $75 in Gem condition, and was considered very underrated at that price level. Over the past 30 years there has been a much greater appreciation of this variant and its absolute as well as condition rarity. This is a snow-white example that displays thick, frosted devices against deeply reflective fields. Intricately detailed, as seen both over the ear of Liberty and the eagle's breast. There are a few shallow luster grazes and minor marks present, but these have little effect on the overall desirability of this very rare DPL dollar. Population: 3 in MS65, none are finer (8/05).(#97071)(Registry values: P5) (PCGS# 97071)

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