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    1879 Trade Dollar, PR68 Ultra Cameo
    Spectacular Contrast and Toning
    Finest Certified at NGC or PCGS

    1879 T$1 PR68 Ultra Cameo NGC. Speculation in proof Trade dollars became quite popular in late 1879, resulting in a large mintage of 1,541 pieces. Many examples were saved from that time period, but it is doubtful that any other survivor can match the appeal of the coin offered here. While a small number of coins have been certified by the leading grading services in different designations at the PR68 level, this coin is the only PR68 to be awarded the Ultra Cameo designation (3/11).
    The dies must have clashed at some point late in the year because the reverse shows signs of extensive lapping. Some areas in the lower part of the eagle's legs and belly have been erased by the lapping, leaving gaps in the feathers that can be detected easily with the naked eye. Among the high-grade coins Heritage has handled in recent years, this reverse is extremely uncommon. In his 1993 reference on silver dollars and Trade dollars, Q. David Bowers commented that he had not seen an example of this die marriage, which he called the third variety. However, Walter Breen was familiar with this reverse in 1977, and indicated there was no great difference in rarity between the varieties. Further study is needed to determine the true rarity of this die marriage.
    The present coin is a magnificent PR68 specimen, with profound cameo contrast between the razor-sharp, frosty devices and the deeply mirrored fields. Both sides are ringed by spectacular bands of golden-brown and violet toning, creating a fantastic play of colors when the coin is angled in the light. This coin is an unimprovable combination of high technical grade and tremendous eye appeal and should be the centerpiece of one of the finest collections of Trade dollars. Census: 1 in 68 Ultra Cameo, 0 finer (3/11).
    Ex: The Pevehouse and Davis Collections (American Numismatic Rarities, 10/2004), lot 676, realized $34,500.
    From The Slotkin Family Trust Collection.(Registry values: P1)

    Coin Index Numbers: (NGC ID# 27YR, PCGS# 97059)

    Weight: 27.22 grams

    Metal: 90% Silver, 10% Copper

    Learn more at the Newman Numismatic Portal at Washington University in St. Louis.

    View all of [The Slotkin Family Trust Collection ]

    View Certification Details from NGC

    Auction Info

    Auction Dates
    Apr-May, 2011
    27th-1st Wednesday-Sunday
    Bids + Registered Phone Bidders: 12
    Lot Tracking Activity: N/A
    Page Views: 2,040

    Buyer's Premium per Lot:
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    I wish to extend our appreciation to you for over $925,000.00 realized from the above subject auction. This amount realized was approximately $110,000.00 more than we anticipated.
    Federal Deposit Insurance Corporation,
    Newport Beach, CA
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