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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 5719

Starting price: 1 USD
Price realized: 19 000 USD
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Trade Dollars
1878-S T$1 MS66 PCGS. CAC. There is minor die doubling on most of the reverse lettering, most noticeable on 420 GRAINS and on TRADE, but the doubled reverse appears to match neither of the Cherrypickers' varieties in that reference.
This marvelous Premium Gem 1878-S Trade dollar is fully struck and intensely lustrous, both sides displaying a pleasing mix of sea-green, gold, and rose coloration. The surfaces are well-preserved, with two or three minor marks on the obverse and a nearly blemish-free reverse. The 1878-S Trade dollar is known as a common date, even in Mint State grades, but this is a relative term as far as the series is concerned, since most business strikes were still being exported to China. Thus, there are hundreds of Uncirculated survivors, but that is from an original mintage exceeding 4.1 million pieces. This example offers inherent and aesthetic advantages that make it an exceptional type coin.
Ex: FUN Signature (Heritage, 1/2008), lot 2966; Eugene H. Gardner Collection, Part III (Heritage, 5/2015), lot 98591; Summer FUN Signature (Heritage, 7/2010), lot 3936.
From The Sounder Collection, Part II.
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