1874 T$1 MS (PCGS# 7034)

Baltimore ANA08 PN

  • Auctioneer:
    Heritage Auctions
  • Lot Number:
    1767
  • Grade:
    MS65
  • Price:
    $17,250.00
Lot Description
1874 T$1 MS65 PCGS. Ex: Legend. The 1874 had a large mintage of 987,100 pieces, and one would expect there to be a substantial number of Gems extant today. However, almost the entire mintage was shipped to the Orient, since this was the reason for the Trade dollar in the first place. As a result, large numbers of chopmarked 1874 Trade dollars can be located, but better quality Uncirculated pieces are seldom encountered. A few Gems did survive by chance, but probably no more than 10 pieces are known today. That is the total number certified in MS65 by both PCGS and NGC, and another three pieces are finer (6/08). This is a stunning Gem. The striking details are complete, including the head of Liberty and upper stars, a situation that is rarely encountered on the other high mintage issue in the series, the 1877. The mint luster is bright and displays intense mint frost, which is even more dazzling since the coin is brilliant. A wonderful opportunity for the Trade dollar specialist.
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