Heritage World Coin Auctions
FUN Signature US Coin Sale 1251 4-6 & 8-9 Jan 2017
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Proof Trade Dollars
1877 T$1 PR66 PCGS. CAC. Breen-5808. Heavy Date, appearing slightly doubled, particularly on the 1 and 8. This variety occurs on just a small number of proofs. Effects of the sluggish economy clearly influenced Mint production totals in 1877; no three cent or Shield nickel business strikes were issued, and only 852,500 Indian Head cents were struck (and possibly far fewer, due to "recoinage"). However, the Philadelphia facility did produce a generous number of Trade dollars to be exported for commercial trade (more than 3 million coins), plus 510 proofs (a figure disputed by Bowers to be underreported by roughly 200 specimens). Proofs surviving as fine as this one, however, are conditionally rare. Dusky violet and blue toning blankets carefully preserved surfaces. The design elements are boldly defined, as expected for a proof, with sharp detail on the stars, leaves, and feathers. Overall, this Premium Gem proof demonstrates splendid eye appeal. Population: 6 in 66, 2 finer. CAC: 3 in 66, 0 finer (11/16).
Ex: Joel O. Cheek Collection (Stack's, 5/2002), lot 383; Eugene H. Gardner Collection, Part II (Heritage, 10/2014), lot 98623.
From The Sounder Collection, Part II.
1877 T$1 PR66 PCGS. CAC. Breen-5808. Heavy Date, appearing slightly doubled, particularly on the 1 and 8. This variety occurs on just a small number of proofs. Effects of the sluggish economy clearly influenced Mint production totals in 1877; no three cent or Shield nickel business strikes were issued, and only 852,500 Indian Head cents were struck (and possibly far fewer, due to "recoinage"). However, the Philadelphia facility did produce a generous number of Trade dollars to be exported for commercial trade (more than 3 million coins), plus 510 proofs (a figure disputed by Bowers to be underreported by roughly 200 specimens). Proofs surviving as fine as this one, however, are conditionally rare. Dusky violet and blue toning blankets carefully preserved surfaces. The design elements are boldly defined, as expected for a proof, with sharp detail on the stars, leaves, and feathers. Overall, this Premium Gem proof demonstrates splendid eye appeal. Population: 6 in 66, 2 finer. CAC: 3 in 66, 0 finer (11/16).
Ex: Joel O. Cheek Collection (Stack's, 5/2002), lot 383; Eugene H. Gardner Collection, Part II (Heritage, 10/2014), lot 98623.
From The Sounder Collection, Part II.