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    Description

    1875 Trade Dollar, Brilliant MS64
    Challenging Philadelphia Issue

    1875 T$1 Type Two Reverse MS64 PCGS. CAC. This splendid Choice Trade dollar displays a pale-gold tint over otherwise frosty, brilliant surfaces. Liberty's olive branch exhibits bold detail, while the head and stars are lightly impressed. Strike softness on the reverse is confined to the right (facing) claw. Shallow surface grazes in the field limit the grade but not the impeccable aesthetic appeal.

    Variety: Type Two Reverse. The reverse is missing the olive berry below the right claw. This new hub type designed by William Barber was introduced in 1875.

    Population Data (9/15): PCGS shows 24 near-Gems (two in MS64+) with four submissions finer, while NGC reports 18 Choice representatives and 11 finer. These figures are for all 1875 Trade dollar varieties.

    Heritage Commentary: This issue has the lowest mintage among all Philadelphia business strikes in the series, a reported production of 218,200 coins (the extra 200 coins minted in April are likely proofs that were misrepresented as circulation strikes). Dave Bowers (1993) suggests that most pieces circulated domestically rather than overseas, based on the lack of chopmarked examples. The low-mintage 1875 is scarcer than its Carson City counterpart, yet trades for less at the MS64 level.

    Provenance: Houston Signature (Heritage, 11/2009), lot 937; Fort Worth Signature (Heritage, 3/2010), lot 1248; purchased from David Lawrence Rare Coins (10/2011). (NGC ID# 2534, Variety PCGS# 40107, Base PCGS# 7037)

    Weight: 27.22 grams

    Metal: 90% Silver, 10% Copper


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

    Auction Info

    Auction Dates
    October, 2015
    28th Wednesday
    Bids + Registered Phone Bidders: 20
    Lot Tracking Activity: N/A
    Page Views: 714

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