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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 5721

Starting price: 1 USD
Price realized: 24 000 USD
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Proof Trade Dollars
1874 T$1 PR66 PCGS. CAC. In its second year of issue, 700 proof Trade dollars were struck. By year-end, a small inventory remained and as Bowers (1993) explains, "... on January 9, 1875, 175 unsold Proofs were released for face value and, presumably, went to coin dealers." Although not a rare issue in absolute terms, this high-end piece represents a rare opportunity for the advanced collector to acquire one of the finest examples at PCGS. This is an expectedly razor-sharp Premium Gem proof with superior eye appeal. When examined at the proper angle, each side displays violet-toned centers that turn to cobalt- and ice-blue with glimpses of lemon-yellow at the rims. Two small breaks in the toning occur over the eagle's head and left wing (facing). A few minor, undistracting wispy marks appear throughout. Population: 4 in 66, 0 finer. CAC: 3 in 66, 0 finer (11/16).
Ex: Purchased by Eugene Gardner from Legend Numismatics (8/2013); Eugene H. Gardner Collection, Part II (Heritage, 10/2014), lot 98622.
From The Sounder Collection, Part II.
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