LOT Heritage Rare Coin Galleries  /  2007 Jan (FUN) Heritage Signature Coin #422  / 

5272

1879 T$1 PR66 PCGS. By 1879 the fate of the Trade doll

Currency:USD Category:Coins & Paper Money / US Coins Start Price:11,000.00 USD Estimated At:1.00 - 2.00 USD
1879 T$1 PR66 PCGS. By 1879 the fate of the Trade doll
<B>1879 T$1 PR66 PCGS.</B></I> By 1879 the fate of the Trade dollar as a denomination had been sealed, but production of proofs for the benefit of collectors trudged on for another seven years, culminating with one of the great rarities in American numismatics, the 1885. The initial demand for these specimens appears to have been relatively strong, as evidenced by the highest recorded proof mintages for the type in 1879 and 1880. Broad distribution of these special strikings helps explain their difficulty in Gem and better condition, as many were cleaned, mishandled, or even spent before the Trade dollar was demonetized in 1887. Perhaps less than 10 percent of the 1,541 pieces issued received the meticulous care of this richly toned Premium Gem. Deep layers of violet, golden-rose, and cobalt-blue toning are intertwined over impeccable mirrored surfaces. Population: 22 in 66, 7 finer (11/06).<BR><BR><b>Shipping:</b> Coin/Currency (<a target="_blank" href="http://www.heritageauctions.com/common/shipping.php">view shipping information</a>)
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