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Lot
1818

1871 T$1 Commercial Dollar, Judd-1156, Pollock-1300, High R.7, PR66 Red NGC....

2009 January Orlando, FL FUN Auction #1121

 
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Auction Ended On: Jan 7, 2009
Item Activity: 8 Internet/mail/phone bidders
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Location:

Orange County Convention Center
North/South Building
9400 Universal Blvd.
Orlando, FL 32819

Description:
Sensational 1871 Commercial Dollar in Copper
Judd-1156, PR66 Red
1871 T$1 Commercial Dollar, Judd-1156, Pollock-1300, High R.7, PR66 Red NGC.
Design.
The obverse features Longacre's Indian Princess design with 22 stars on the flag behind Liberty and 13 stars about the obverse periphery. Probably implemented by William Barber, since Longacre died in 1869. The reverse, used for the Judd-1154 through 1160 varieties, exhibits the legends UNITED STATES OF AMERICA /COMMERCIAL /DOLLAR /420 GRS /900 FINE along with a wreath and cornucopia. GOD OUR TRUST is displayed on a scroll above the wreath ribbon. Struck in copper with a reeded edge.

Commentary.
As a rare copper pattern featuring the popular Indian Princess obverse with the Commercial dollar reverse--the forerunner of the Trade dollar--this example and its siblings are sought after by collectors from several different but interrelated collecting disciplines.

Physical Description.
An absolutely stunning Premium Gem proof with brilliant orange surfaces, this pattern Trade dollar has a moderately deep mirrored obverse, with a fully and deeply mirrored reverse. Only faint mellowing of the mint color and splashes of darker toning are evident on either side, insufficient to prevent the Red designation. NGC Census: Two coins total -- this piece and one grading PR63 Brown. PCGS Population: 1 in PR63 Brown, no others in any grade (12/08).

Census.
According to Saul Teichman at USPatterns.com, there are exactly four examples of Judd-1156 currently known:
1. J.C. Mitchelson; Connecticut State Library. Proof. The specific grade is unknown.
2. Auction '87 (Rarcoa, 8/1987), lot 1327; David Queller Family Collection. The present piece.
3. Goldberg Coins (1/2004); Heritage (8/2004), lot 8003. PR63 Brown PCGS.
4. Rarcoa (1/1973), lot 643; Wyoming Collection. Proof. The specific grade is unknown. At the time, it was described as a "Superb Proof with deep rich chocolate brown color and a magnificent rainbow of iridescent sea-green, blue and violet toning."
Other Appearances.
A. Lot 1874 in the February 1954 sale of the King Farouk Collection included an example of this pattern. That four-piece lot contained one each of Judd-1154, 1155, 1156, and 1157. The Farouk specimen is now untraced but could be any of the above, except the first.
From The Lemus Collection, Queller Family Collection Part Two. (PCGS# 81418)

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