LOT #98793 |
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1877 T$1 MS65 PCGS. CAC....
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Sold on Oct 28, 2015 for:
$12,925.00
Bid Source: Internet bidder
Description
1877 Trade Dollar, MS65
Major Rarity in Gem Condition
1877 T$1 MS65 PCGS. CAC. Dusky violet and steel-gray patina
covers both sides of this Gem Trade dollar. The obverse shows
softness on the stars and only minor weakness on Liberty's head
(highly unusual for this issue). Conversely, the reverse is much
better-defined, showing strong wing detail and minor incompleteness
on the right claw. A thin die crack connects most of the reverse
legends.Population Data (9/15): PCGS reports 10 submissions in MS65 and two MS66 finer. NGC accounts for 11 in MS65 and one MS66 finer. This piece is among nine in this grade with the CAC green approval.
Heritage Commentary: Bowers' Silver Dollars and Trade Dollars of the United States: A Complete Encyclopedia remarks: "Despite its record high mintage for a Philadelphia coin of this denomination, the 1877 trade dollar is a major rarity in MS-65 grade." Examples are almost universally weakly struck on the obverse, though coins can occasionally be found with sharp reverse strikes, as is the case with this magnificent Gem.
Provenance: Purchased from Legend Numismatics (6/2012).(Registry values: N4719)
Coin Index Numbers: (NGC ID# 253C, PCGS# 7044, Greysheet# 7357)
Weight: 27.22 grams
Metal: 90% Silver, 10% Copper
Auction Info
2015 October 28 Gardner Collection IV US Coins Signature Auction - New York #1229 (go to Auction Home page)
Auction Dates
October, 2015
28th
Wednesday
Bids + Registered Phone Bidders: 15
Lot Tracking Activity: N/A
Page Views: 926
Buyer's Premium per Lot:
17.5% of the successful bid per lot.
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