LOT Old Heritage Auctions  /  2007 Summer F.U.N. Sig. Coin Auction #442  / 

1236

1878 7TF $1 Reverse of 1879 MS66 NGC.

Currency:USD Category:Coins & Paper Money Start Price:4,375.00 USD Estimated At:1.00 - 1,000,000.00 USD
1878 7TF $1 Reverse of 1879 MS66 NGC.
<B>1878 7TF $1 Reverse of 1879 MS66 NGC.</B></I> The 1878 7 Tail Feathers dollar with the Reverse of 1879 is distinguished by a convex breast on the eagle (versus the flat, or concave breast on the Reverse of 1878), and by the slanting top arrow feather. In the Second Edition (2005) of his <I>A Guide Book of Morgan Dollars: A Complete History and Price Guide</B></I>, David Bowers estimates the circulation strike mintage of the Reverse of 1879 variety to be 1,500,000 pieces, compared to an estimate of 7,850,000 coins for the Reverse of 1878 variety, which logically helps to account for the greater scarcity of the former issue.<BR> Potent luster enlivens both obverse and reverse of this Premium Gem specimen, and a well executed strike has left its mark in the form of sharply defined motifs, including the hair above Liberty's ear and the eagle's breast feathers. A few minor, unobtrusive marks prevent this lovely piece from attaining MS67. Census: 12 in 66, 0 finer (6/07).<BR><I>From the Reuben Reinstein Collection.</B></I><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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