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Description

1871 Commercial Dollar Struck in Copper
Judd-1156, PR66 Red, Finest Certified
Longacre's Indian Princess Design

1871 T$1 Commercial Dollar, Judd-1156, Pollock-1300, R.7-8, PR66 Red NGC. The obverse features James B. Longacre's Indian Princess design with 22 stars on the flag behind Liberty and 13 stars about the obverse periphery. The dies were probably executed 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.
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.
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 has certified two coins, this piece and one grading PR63 Brown, while there is one PR63 Brown at PCGS.

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; Lemus Collection, Queller Family Collection Part Two (Heritage, 1/2009), lot 1818, which realized $40,250. 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.

This piece should see spirited bidding, as an example that is certainly the finest obtainable in the marketplace.
From The McCoy Family Collection of U.S. Patterns. (NGC ID# 2A5F, PCGS# 81418)

View all of [The McCoy Family Collection of U.S. Patterns ]

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Auction Info

Auction Dates
January, 2011
5th-9th
Internet/Mail/Phone Bidders: 12
Members Tracking: N/A
Page Views: 969

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