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FUN Signature US Coin Sale 1251 4-6 & 8-9 Jan 2017
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Trade Dollars
1873 T$1 MS65 PCGS. The Trade dollar was issued in 1873 for the purpose of circulating in the foreign trade, primarily in the Orient. The standard silver dollar bearing Christian Gobrecht's Seated Liberty design circulated little domestically since before the Civil War and was primarily exported for trade, but it was a trifle lighter than comparable silver coins of other countries and suffered proportionately in popularity among Oriental merchants. The Trade dollar was about half of a gram heavier than the Seated dollar, and its silver weight (420 grains) was inscribed on the reverse. Although successful to some extent in foreign trade, the new dollars created a problem in domestic circulation and were discontinued five years later.
This attractive Gem example of the inaugural Philadelphia issue is a major condition rarity. The design elements are sharply detailed, and the well-preserved surfaces show much prooflike reflectivity under vivid shades of greenish-gold, bluish-gray, and magenta toning. Population: 12 in 65 (1 in 65+), 5 finer (11/16).
1873 T$1 MS65 PCGS. The Trade dollar was issued in 1873 for the purpose of circulating in the foreign trade, primarily in the Orient. The standard silver dollar bearing Christian Gobrecht's Seated Liberty design circulated little domestically since before the Civil War and was primarily exported for trade, but it was a trifle lighter than comparable silver coins of other countries and suffered proportionately in popularity among Oriental merchants. The Trade dollar was about half of a gram heavier than the Seated dollar, and its silver weight (420 grains) was inscribed on the reverse. Although successful to some extent in foreign trade, the new dollars created a problem in domestic circulation and were discontinued five years later.
This attractive Gem example of the inaugural Philadelphia issue is a major condition rarity. The design elements are sharply detailed, and the well-preserved surfaces show much prooflike reflectivity under vivid shades of greenish-gold, bluish-gray, and magenta toning. Population: 12 in 65 (1 in 65+), 5 finer (11/16).