LOT #5714 |
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1877-CC T$1 MS64 PCGS. CAC....
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Sold on Jan 5, 2017 for:
$22,325.00
Bid Source: Internet bidder
Description
1877-CC Trade Dollar, MS64
Delicately Toned
1877-CC T$1 MS64 PCGS. CAC. By 1877, the Trade dollar had
gone from lauded to loathed. With bullion prices in freefall,
depositors could exchange 90 cents' worth of silver for a coin
inscribed ONE DOLLAR and pocket the difference, despite the
government's move to revoke the denomination's legal tender status
in July 1876. Western merchants were vocal in expressing their
objections to the circulation of Trade dollars and before long, in
1879, the production of business strikes would cease
altogether.From a mintage of 534,000 coins, this piece is one of the few high-end representatives remaining. Splashes of blue, orange, and magenta occur over surfaces that are otherwise silver-gold. Planchet roughness and die erosion tend to be the rule for this issue; fortunately, this near-Gem is free of such characteristics. Well-struck with minor shallowness over the typical areas, this coin retains vibrant luster and spectacular visual appeal.
Ex: Purchased by Eugene Gardner from Legend Numismatics (4/2007); Eugene H. Gardner Collection, Part II (Heritage, 10/2014), lot 98620.
From The Sounder Collection, Part II.(Registry values: N4719)
Coin Index Numbers: (NGC ID# 253D, PCGS# 7045, Greysheet# 7381)
Weight: 27.22 grams
Metal: 90% Silver, 10% Copper
View all of [The Sounder Collection, Part II ]
The Confident Carson City Coin Collector
by Rusty Goe
The Carson City Mint’s celebrated legacy — replete with landmark achievements, setbacks, mysteries and tall tales — is covered in exacting detail in Goe’s three-volume set.
by Rusty Goe
The Carson City Mint’s celebrated legacy — replete with landmark achievements, setbacks, mysteries and tall tales — is covered in exacting detail in Goe’s three-volume set.
Auction Info
2017 January 4 - 9 FUN US Coins Signature Auction - Fort Lauderdale #1251 (go to Auction Home page)
Auction Dates
January, 2017
4th-9th
Wednesday-Monday
Bids + Registered Phone Bidders: 8
Lot Tracking Activity: N/A
Page Views: 772
Buyer's Premium per Lot:
17.5% of the successful bid per lot.
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