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Heritage World Coin Auctions
FUN Signature US Coin Sale 1251  4-6 & 8-9 Jan 2017
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Lot 5717

Starting price: 1 USD
Price realized: 13 000 USD
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Trade Dollars
1877-S T$1 MS66 NGC. CAC. Ex: "Col." E.H.R. Green/ Eric P. Newman Collection. This is a beautiful MS66 NGC-certified example of the 1877-S Trade dollar, what was by far the highest-mintage issue in the series at more than 9.5 million pieces. The surfaces are semiprooflike on both sides. The obverse shows recutting on stars 6, 8, and 10 through 13, with a silver center yielding to golden-olive and bluish tones at the peripheral areas. The surfaces are fairly well-struck overall, despite some minor weakness. The reverse displays a deeper palette of grayish, amber, ochre, and olive tones with great eye appeal. Minor strike softness again appears, on the upper wing edges of the eagle and the immediate center of the breast. The surfaces show splendid preservation throughout both sides. Census: 6 in 66 (1 in 66 ), 1 finer. CAC: 2 in 66, 1 finer (10/16). PCGS has seen seven submissions in MS66 (one of which is in MS66+), also with 1 finer.
Ex: "Colonel" E.H.R. Green; Green Estate; Partnership of Eric P. Newman / B.G. Johnson d.b.a. St. Louis Stamp & Coin Co.; Eric P. Newman @ $4.00; Eric P. Newman Numismatic Education Society; Eric P. Newman Collection, Part II (Heritage, 11/2013), lot 33519.
From The Sounder Collection, Part II.
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