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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 5718

Starting price: 1 USD
Price realized: 11 000 USD
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Trade Dollars
1878-CC T$1 MS61 PCGS. The 1878-CC is arguably the rarest Trade dollar issue in Mint State. The circulation-strike series was discontinued in this year, being replaced by the Morgan dollar under the new Bland-Allison Act legislation. The Philadelphia Mint produced only Morgan dollars for circulation in 1878, although the Western branches in California and Nevada each struck quantities of Trade dollars early in the year before dies for the new standard silver dollar issue arrived. The 1878-CC Trade dollar boasts a series-low circulation strike mintage of 97,000 pieces and is proportionately rare in Mint State. This example glows with satiny luster beneath warm golden-gray and lavender toning. There are no singular abrasions, although light contact over the high points of the design elements precludes a finer numeric designation. The coin is well-struck, and the eye appeal exceeds expectations for the grade. Population: 9 in 61, 22 finer (11/16).
From The Sounder Collection, Part II.
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