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Description

1878-S Trade Dollar, MS66
Transitional Silver Dollar Issue

1878-S T$1 MS66 PCGS. The 1878-S Trade dollar mintage exceeding 4 million coins was among the highest of the series, as were the 1875-S, 1876-S, and 1877-S emissions that preceded it. The four issues taken together are the most common of the series, collectively comprising more than 23 million coins and totaling nearly two-thirds of all Trade dollars ever struck. To put such a figure in perspective, Bowers' silver dollar reference notes that the total $36 million in Trade dollars struck (all issues) was "an amount over four times greater than all of the silver dollars that had been coined from 1794 until the denomination was suspended in 1873."

Collectors today consider the large emission of 1878-S Trade dollars fortunate, as it enables the existence of many superlative high-grade examples such as the present piece. Both sides of this Premium Gem are mostly brilliant, showing just the faintest flecks of golden color on the obverse. The coin is fully struck throughout, with bright, frosted mint luster and premium eye appeal. The only singular mark is a milling mark between stars 3 and 4. Seldom seen finer, and a wonderful type coin. Population: 15 in 66 (2 in 66+), 3 finer (3/24).
Ex: Long Beach Signature (Heritage, 5/2009), lot 982.(Registry values: N7079)
From The Kestrel Collection.

Coin Index Numbers: (NGC ID# 253G, PCGS# 7048, Greysheet# 7387)

Weight: 27.22 grams

Metal: 90% Silver, 10% Copper


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Auction Info

Auction Dates
May, 2024
8th-12th Wednesday-Sunday
Bids + Registered Phone Bidders: 18
Lot Tracking Activity: N/A
Page Views: 312

Buyer's Premium per Lot:
20% of the successful bid per lot.

Sold on May 9, 2024 for: $14,400.00
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