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CSNS Signature US Coin Sale 1254  26-28 Apr 2017
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Lot 4127

Estimate: 1 USD
Price realized: 7500 USD
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Trade Dollars
1876-S T$1 Type One Obverse, Type One Reverse, MS65 NGC. Large S Mintmark. The lion's share of San Francisco's 5.2 million-piece mintage was destined for the Orient, although enough coins circulated domestically to make the 1876-S an available issue through the lower Mint State grades. Choice coins are scarce but available, but at that point any pretense of availability comes to an abrupt end. Fully Gem coins are rare, with a survival estimated at no more than 20 to 40 coins. The combined grading events at PCGS and NGC show the number of MS65 or finer coins barely exceeds the lower end of the survival estimate.
This no-questions Gem coin is silky-smooth with satinlike silver luster that radiates from both sides. A glass can ferret out two or three tiny ticks, but the surfaces are otherwise without signs of contact. Wisps of ivory-gold toning exist in brief glances across the essentially brilliant-white surfaces. Faint roller marks of Mint origin are seen under magnification on some of the raised elements. Census: 19 in 65, 3 finer (3/17).
From The Siegel Collection.

HID02901242017
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