LOT #3130 |
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1877-CC T$1 MS64 PCGS Secure....
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Sold on Sep 6, 2018 for:
$16,200.00
Bid Source: HA.com/Live bidder
Description
1877-CC Trade Dollar, MS64
Only Two Finer Coins at PCGS
1877-CC T$1 MS64 PCGS Secure. The 1877-CC Trade dollar
claims a small mintage of 534,000 pieces. All the coins were
intended for export, as the legal tender status of the Trade dollar
had been revoked on July 22, 1876. However, there was some demand
for the coins in the regional economy, as indicated in an article
published in the Virginia City Territorial Enterprise, June
29, 1877 edition, "Our people would not object to the big dollars
just now, yet if they could get plenty of half dollars they will
try to worry along." Some Trade dollars were released into
circulation in this country, as evidenced by the number of worn,
circulated examples that are available today. Most of the coins
were exported and melted, but some have been repatriated, often
with colorful chop marks from Chinese merchants. Today, the 1877-CC
is definitely a rare issue in MS64 condition, and finer coins are
virtually unobtainable.This impressive Choice specimen exhibits sharply detailed design elements and well-preserved surfaces, under shades of lavender-gray and pale gold toning. Satiny mint luster shines through the patina, adding to the considerable visual appeal. Population: 13 in 64 (1 in 64+), 2 finer (7/18).(Registry values: N4719)
Coin Index Numbers: (NGC ID# 253D, PCGS# 7045, Greysheet# 7381)
Weight: 27.22 grams
Metal: 90% Silver, 10% Copper
Auction Info
2018 September 6 - 9 Long Beach Expo US Coins Signature Auction - Long Beach #1279 (go to Auction Home page)
Auction Dates
September, 2018
6th-9th
Thursday-Sunday
Bids + Registered Phone Bidders: 13
Lot Tracking Activity: N/A
Page Views: 459
Buyer's Premium per Lot:
20% of the successful bid per lot.
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