1875 T$1 PR(PCGS#7055)

1875 T$1 PR (PCGS#7055)

Spring 2022 U.S. Coins Auction

Auctioneer
Stack's Bowers
Lot Number
6181
Grade
PR65
Price
5,520
Lot Description
1875 Trade Dollar. Type I/I. Proof-65 (NGC). The obverse is moderately toned in sandy-tan and steel-blue hues, the reverse is bright and essentially untoned. a satiny specimen with frosty motifs that stand boldly out from deeply mirrored fields. The strike is soft on the reverse at the eagle's sinister claw; otherwise all the details of the design are bold and crisp. One of 700 Proofs produced, though some feel as many as 900 may have been struck. Regarding Proofs of the date with the rarer Type I reverse design, Dave Bowers notes in his Encyclopedia: "Proofs were made with the Type I as well as the Type II reverse, with the former being much the rarer of the two." A pleasing Gem in all regards. The Bowers Encyclopedianotes the following peculiarity regarding this date's actual mintage figures: "The output was sporadic. From January through March none were struck. In April 200 business strikes are reported to have been made (and are so considered in this text, but there is a strong possibility that these were Proofs; if so, the figures will have to be adjusted accordingly to a total mintage of 900 Proofs)." NGC Census: 6; 12 finer within the designation (Proof-67+ finest). PCGS# 7055. NGC ID: 27YL. Click here for certification details from NGC.
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