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1876 T$1 Trade Dollar, Judd-1476, Pollock-1629, R.8, PR65+ Red Cameo PCGS. CAC....
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Description
1876 Trade Dollar in Copper
Judd-1476, PR65+ Red Cameo
Only Two Pieces Known
1876 T$1 Trade Dollar, Judd-1476, Pollock-1629, R.8, PR65+ Red
Cameo PCGS. CAC. Ex: Simpson. 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. In its last auction
appearance in 2009, this piece was in an NGC holder and it was
incorrectly labeled as Mint State. That has been corrected now.According to USPatterns.com, there are only 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 the Farouk coin was publicly offered. It is unplated but listed as a Gem proof, ex: Farouk-Bolender. Lot 1955 in the Farouk sale was a two-piece lot including this pattern along with an example of Judd-1464, and only the latter example was plated in that catalog. The Farouk coin is known to be in the Wyoming Collection today.
On this example the fiery orange surfaces on each side exhibit deeply mirrored fields, highly lustrous devices, and only slight mellowing over the high points of the design. An extraordinary example with pristine surfaces with stark contrast and extraordinary appeal.
With just two pieces known 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 had to wait 37 years for another chance when this piece was offered in 2009. The present-day specialist should learn from numismatic history and prepare in advance for a battle to win this piece when it is offered for sale.
Ex: Frank M. Stirling Collection / Long Beach Signature (Heritage, 5/2009), lot 1440.
Collecting Patterns – A Brief History and Commentary
Coin Index Numbers: (PCGS# 881798)
Learn more at the Newman Numismatic Portal at Washington University in St. Louis.
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