LOT Old Heritage Auctions  /  2008 Jan. FUN Signature Coin Auction #454  / 

2963

1875-S/CC T$1 MS64 PCGS

Currency:USD Category:Coins & Paper Money / US Coins Start Price:18,000.00 USD Estimated At:1.00 - 1,000,000.00 USD
1875-S/CC T$1 MS64 PCGS
<B>1875-S/CC T$1 MS64 PCGS.</B></I> FS-501, formerly FS-012.5. Type One Reverse. According to a December 1963 lot description in a New Netherlands Coin Company auction catalog, credit for the discovery of this popular variety goes to Bob Medlar of Texas. Since coming to the attention of the numismatic community in the early 1960s, at least a few hundred examples of the 1875-S/CC Trade dollar have surfaced. Dave Bowers is of the opinion that less than 500 pieces are extant in all grades, per his 2006 reference on the subject, and other specialists agree. Any increase to the population will be negligible at best, considering that this variety has long been documented in popular coin collecting references and price guides. A study of past editions of the <I>Guide Book </B></I>reveals an interesting timeline in the history of this variety, which first appeared in the 1966 edition. It remained unpriced until the release of the 1973 <I>Guide Book</B></I>, where it was listed at five times the value of the common type. In general terms, the ratio is approximately the same today, but the sky is the limit when dealing with a coin that has exceptional eye appeal such as the example in this lot. <BR> Powerful luster is ablaze on this high grade specimen, with delicate golden toning being evenly dispersed on both sides; testimony of its originality. An amazing coin that is certainly one of the finest known 1875-S/CC dollars. Population: 4 in 64, 1 finer (12/07).<BR><I>From The Rare Coins of New Hampshire Collector Set.</B></I><BR><BR><B>Coin Engraver:</B> William Barber<BR><BR><b>Shipping:</b> Coins & Currency (<a target="_blank" href="http://www.heritageauctions.com/common/shipping.php">view shipping information</a>)
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