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CSNS Signature US Coin Sale 1254  26-28 Apr 2017
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Lot 4425

Estimate: 1 USD
Price realized: 49 000 USD
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Patterns
(1876) Undated T$1 Trade Dollar, Judd-1475a, Pollock-1627, High R.7, PR66 Cameo NGC. This Trade dollar pattern is similar to the adopted design but with noticeable differences. It shows Liberty facing left, 13 stars around but an undated obverse. The reverse has a larger eagle than seen on the adopted reverse; otherwise, the legends are the same. Struck in silver with a reeded edge. How odd. It's been 30 years since we offered one of these patterns at public auction; now we have two in the same sale. As mentioned above, it was originally thought that these pieces were produced in 1873. But Walter Breen found a receipt paid to Anthony Paquet for $600 dated May 1876. That combined with the appearance of these pieces strongly suggests Paquet as the designer. What is unusual, though, is Paquet had been working in the private sector for more than a decade, as pointed out in the first Bass Sale. The final supporting point for the 1876 date was discovered in the Archives by Roger Burdette: "Pattern coin dies held by Coiner (Bosbyshell) on Dec 18, 1877: Trade Dollar dies -- without date made by Paquet, 1 obverse and 1 reverse." This is a nearly perfectly preserved dollar. The fields are deeply mirrored and serve to accent the frosted devices. Light golden-rose toning surrounds the peripheries on each side.
Ex: Harte Collection (Bowers and Merena, 3/1981), lot 650; Rogers Fred and Peter Ward Collections (Bowers and Merena, 11/1995), lot 2336.

HID02901242017
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