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Description

1873 Trade Dollar, MS65+
Brilliant First-Year Gem

1873 T$1 MS65+ PCGS. The Coinage Act of February 12, 1873, commonly known as "The Crime of '73," abolished the Seated dollar and introduced a Trade dollar composed of .900 silver and weighing 420 grains. The new coins were intended to circulate in Asia, though they were legal tender domestically and circulated until the price of silver dropped below face value. Depositors could exchange bullion for Trade dollars at will but could only receive subsidiary silver coins had the bullion been been obtained as a by-product of gold mining.

The Philadelphia Mint produced a 396,635 dollars in 1873 (nearly all of which were shipped to China) and the issue remains moderately available today. Nevertheless, PCGS has seen only 10 examples in MS65 (1 in MS65+) and five finer (7/14). Frosty mint luster abounds over the brilliant surfaces of this carefully preserved Gem. The devices are sharply detail on each side and only a few insignificant ticks prevent an even higher grade. The eye appeal is enviable.(Registry values: N4719)

Coin Index Numbers: (NGC ID# 252W, PCGS# 7031, GSID# 7349)

Metal: 90% Silver, 10% Copper
Weight: 27.22 grams
ASW: 0.78764oz
Mintage: 396,600


View Certification Details from PCGS

Auction Info

Auction Dates
August, 2014
5th-9th Tuesday-Saturday
Bids + Registered Phone Bidders: 12
Lot Tracking Activity: N/A
Page Views: 810

Buyer's Premium per Lot:
17.5% of the successful bid per lot.

Sold on Aug 7, 2014 for: $11,750.00
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