LOT #98622 |
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1874 T$1 PR66 PCGS. CAC....
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Sold on Oct 27, 2014 for:
$25,850.00
Bid Source: Internet bidder
Description
1874 Trade Dollar, PR66
None Finer at PCGS
1874 T$1 PR66 PCGS. CAC. This is an expectedly razor-sharp
Premium Gem proof with superior eye appeal. When examined at the
proper angle, each side displays violet-toned centers that turn to
cobalt- and ice-blue with glimpses of lemon-yellow at the rims. Two
small breaks in the toning occur over the eagle's head and left
wing (facing). A few minor, undistracting wispy marks appear
throughout.Variety: The Patched Letters variant. A small raised fragment shows in the D of UNITED, and two parallel die lines extend from the branch stem through the lowest arrow fletching. This variant is slightly more common than the Perfect Letters variety.
Population Data (7/14): In PR66, PCGS has certified three coins with none finer. NGC has seen seven examples in the same grade and only two finer. This is one of three PR66 at CAC.
Heritage Commentary: In its second year of issue, 700 Trade dollar specimens were struck. By year-end, a small inventory remained and as Bowers (1993) explains, "... on January 9, 1875, 175 unsold Proofs were released for face value and, presumably, went to coin dealers." Although not a rare issue in absolute terms, this high-end piece represents a rare opportunity for the advanced collector to acquire one of the finest examples at PCGS.
Provenance: Purchased from Legend Numismatics (8/2013).(Registry values: N4719)
Coin Index Numbers: (NGC ID# 27YK, PCGS# 7054, Greysheet# 7392)
Weight: 27.22 grams
Metal: 90% Silver, 10% Copper
Auction Info
2014 October 27 The Eugene H. Gardner Collection II US Coins Signature Auction - New York #1214 (go to Auction Home page)
Auction Dates
October, 2014
27th
Monday
Bids + Registered Phone Bidders: 17
Lot Tracking Activity: N/A
Page Views: 833
Buyer's Premium per Lot:
17.5% of the successful bid per lot.
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