1878 $1 J-1550b, RB PR(PCGS#11106)

The Regency Auction 30

拍卖行

Legend Rare Coin Auctions

批号

491

等级

PR64RB

价格

107,231

详细说明

An extremely popular pattern Morgan dollar, struck in copper. Morgan's classic Liberty head is used on the obverse, while the reverse has a slightly different reverse eagle than on the regular issue, the most obvious is the shape of the bottom of the wings; this variety shows the "fan" shaped wings, as opposed to having a notch at the bottom. This difference was incorporated into the Judd reference in 2003 with the 8th edition. You will note the PCGS slab designates this coin under the old number, J-1551 and PCGS # 71912. Listed as P-1724, considered R-6+ in Judd 10th Edition and R-7 in Pollock (13-20 minted). Deep, brick red color mellows with shades of violet, blue, magenta, and pale olive. The obverse fields show incredible reflection in contrast to the frosted and razor sharp struck definition of Liberty's portrait. The mirrors on the reverse are slightly more muted, clearly this coin sat for ages on a velvet or felt tray with that side on the fabric. The eagle is fully struck. Housed in a first generation PCGS holder, our consignor purchased this near-GEM in November 1988, and it is making its first auction appearance in at least a generation in our 30th Regency Auction. Pollock enumerates three examples: B&R, November 1974, lot 1038; Kagin's May 1978, lot 1288 T. Elder (September 1938)-Stack's December 1987, lot 1030-Queller/Lemus. PCGS 0, NGC 0. Because this coin was graded long before the Judd numbering system changed, this coin does not appear in the PCGS Population Report under J-1550B, but is one of the 3 listed under PCGS # 71912. The only PCGS graded example to ever sell in auction was the J-1550B/P-1726 ex Fairfield Collection, in the 2018 FUN auction for $18,000, graded PCGS PR65 RB. The Queller-Lemus coin, is the FINEST J-1550B known, sold as NGC PR67 RB for $23,000 a decade ago (since crossed over). A PCGS PR65 BN sold for $13,200 in March 2018. The current Collector's Universe value for the J-1551 in PR64 RB is $16,500. Once you sort out the numbering, what matters is that this old holdered near-GEM example is worthy of an AMAZING collection of Patterns. Cert. Number 7157225 PCGS # 11106