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    Description

    Frosty MS66 1878-S Trade Dollar
    Last Year for Business Strikes

    1878-S T$1 MS66 PCGS. Representing the final year of business strike Trade dollar production, the 1878-S is a common date from a mintage that exceeded 4 million coins. Trade dollars did not circulate like most coin denominations, but were mostly exported to serve their purpose in international commerce. Many of those coins were sent to Oriental destinations, and often survivors are now seen with chopmarks. Only a few Trade dollars have survived in the finest quality, such as this piece. In fact, PCGS has only certified 64 pieces in MS66 or finer grade, and this population is for the entire series, not any single date. This Premium Gem has frosty luster visible beneath pale gold and lilac toning on the obverse and deeper lilac and steel color on the reverse. Population: 15 in 66, 6 finer (7/11).
    Ex: Long Beach Signature (Heritage, 2/2007), lot 3714, which brought $19,550.
    From The Oliver Collection.(Registry values: N7079)

    Coin Index Numbers: (NGC ID# 253G, PCGS# 7048)

    Weight: 27.22 grams

    Metal: 90% Silver, 10% Copper


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    View Certification Details from PCGS

    Auction Info

    Auction Dates
    August, 2011
    11th-14th Thursday-Sunday
    Bids + Registered Phone Bidders: 9
    Lot Tracking Activity: N/A
    Page Views: 410

    Buyer's Premium per Lot:
    15% of the successful bid (minimum $14) per lot.

    Sold on Aug 12, 2011 for: Sign-in or Join (free & quick)
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    Due completely to Heritage's thoroughly diligent and professional management and promotion of the collection, the faraday Collection stirred national attention among numismatists and the auction results brought a gross value greater than that last estimated by the experienced collector.
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