LOT #5582 |
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1878 T$1 PR66 PCGS. CAC....
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Sold on Sep 8, 2016 for:
$9,987.50
Bid Source: Mail/Fax bidder
Description
1878 Trade Dollar, PR66
Spectacularly Toned Proof-Only Issue
1878 T$1 PR66 PCGS. CAC. The Trade dollar was a commercially
unpopular issue by 1878, a watershed year for the once-useful trade
coin, which was overshadowed by the debut of the Morgan dollar that
year. The Philadelphia Mint only struck 900 examples in Proof
format in 1878, to satisfy collector demand. A number of
business-strike examples were produced at Carson City and San
Francisco in 1878, but the denomination was clearly on borrowed
time and no more regular-issue coins were ever struck.This delightful Premium Gem exhibits sharply detailed design elements in most areas, but some incompleteness in the eagle's feathers is evident, due to lapping. The impeccably preserved surfaces are blanketed in spectacular shades of sea-green and cerulean-blue toning, with deeply mirrored fields underneath. Population: 10 in 66, 1 finer. CAC: 3 in 66, 0 finer (8/16).(Registry values: N4719)
Coin Index Numbers: (NGC ID# 27YP, PCGS# 7058, Greysheet# 7404)
Weight: 27.22 grams
Metal: 90% Silver, 10% Copper
Auction Info
2016 September 7 - 11 Long Beach Expo US Coins Signature Auction - Long Beach #1239 (go to Auction Home page)
Auction Dates
September, 2016
7th-11th
Wednesday-Sunday
Bids + Registered Phone Bidders: 19
Lot Tracking Activity: N/A
Page Views: 704
Buyer's Premium per Lot:
17.5% of the successful bid per lot.
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