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CSNS Signature US Coin Sale 1254  26-28 Apr 2017
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Lot 4129

Estimate: 1 USD
Price realized: 19 000 USD
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Proof Trade Dollars
1874 T$1 PR66 PCGS. CAC. Period after FINE. The Trade dollar was a relatively new phenomenon in 1874. Proofs were coined for collectors, although there was no increase in demand for the new type over that which the old Seated design already enjoyed. Proof examples of both types were struck to the extent of 600 pieces in 1873, but in 1874, only the Trade dollar was available for collectors filling out date sets. The Mint struck 700 proof 1874 Trade dollars. There is little evidence that many were properly stored after reaching their owners, and today the 1874 proof is a great rarity in high grade. PCGS has seen only a handful of Premium Gems and none finer. This representative displays an intricate strike on the obverse but with weakness on the reverse on the eagle's right (facing) talons. Both sides showcase beautiful original toning in concentric shades of champagne, mint-green, ocean-blue, violet, and amber. The central devices offer modest cameo contrast despite the patina. Population: 4 in 66 (1 in 66+), 0 finer (3/17).
From The Siegel Collection.

HID02901242017
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