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Lot
1440

1876 T$1 Trade Dollar, Judd-1476, Pollock-1629, R.8, PR65 Red Cameo NGC....

2009 May Long Beach, CA Signature US Coin Auction #1125

 
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Auction Ended On: May 29, 2009
Item Activity: 17 Internet/mail/phone bidders
6,190 page views
Location:

Long Beach Convention Center
100 S. Pine Avenue
Long Beach, CA 90802

Description:
Fiery 1876 Judd-1476 Copper
Trade Dollar, PR65 Red Cameo
One of Only Two Pieces Known
1876 T$1 Trade Dollar, Judd-1476, Pollock-1629, R.8, PR65 Red Cameo NGC. The regular issue Type Two obverse and reverse design for the Trade dollar that first appeared in 1876. Struck in copper with a reeded edge. NGC incorrectly calls this Mint State, and as a result it does not appear in their Census Report. In fact, there is no example of Judd-1476 on either the NGC or PCGS reports.
According to USPatterns.com, there are two known examples of Judd-1476. They include this piece and the Farouk specimen that most recently appeared for sale in Paramount's 1972 ANA auction. That 1972 ANA auction (lot 1014) was the last time any example of Judd-1476 has appeared for public competition, and it is unplated there but listed as a Gem proof, Ex: Farouk-Bolender. Lot 1955 in the Farouk sale was a two-piece lot including this pattern variety along with an example of Judd-1464, and only the latter example was plated in that catalog.
The fiery orange surfaces on each side exhibit deeply mirrored fields, highly lustrous devices, and only slight mellowing on the design high points. An extraordinary example with pristine surfaces with good contrast and extraordinary appeal, leading to the NGC Star and Cameo designations that are assigned to this Gem.
There are just two pieces known. The present piece is undoubtedly the finest existing 1876 copper Trade dollar, an amazing, fiery red example. The collector of silver dollar or Trade dollar patterns should not miss such an opportunity, as there may never be another chance. The underbidder in the 1972 ANA auction has had to wait 37 years for another chance--if he or she is even still living. The present-day specialist should learn from numismatic history and prepare in advance for a long battle to win this piece at the upcoming Long Beach auction.
From The Frank M. Stirling Collection. (PCGS# 81798)

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