1874 T$1 PR (PCGS#7054)
August 2019 ANA U.S. Coins Auction Rosemont, IL
- 拍卖行
- Stack's Bowers
- 批号
- 3209
- 等级
- PR62
- 价格
- 11,011
- 详细说明
- 1874 Trade Dollar. Proof-62 (NGC).
A pleasing and original example of this scarce Proof issue. A medley of bronze and steel blue iridescence paints the surfaces, backlit by considerable reflectivity in the fields on each side. The devices are sharp and richly frosted, remarkably so on the obverse.
The 1874 is the second issue in the Proof trade dollar series, produced to the extent of 700 pieces. As was typical for the era that, at the turn of the year, several unsold Proofs from the preceding year's delivery were still on hand at the Philadelphia Mint. While these coins were usually wholesaled to Philadelphia and New York coin dealers at face value, on January 9, 1875, the Mint made the curious move of releasing some 175 unsold Proof trade dollars into circulation. While some of these coins may have found their way into the stocks of contemporary dealers, many Proof 1874 trade dollars were lost. This example remains an important and desirable survivor of this mintage.
PCGS# 7054. NGC ID: 27YK.
Click here for certification details from NGC.
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