1872 T$1 J-1216, RB PR(PCGS#71487)

1872 T$1 J-1216, RB PR (PCGS#71487)

The March 2012 Baltimore Auction

Lot Description: 1872 Pattern Commercial Dollar. Judd-1216, Pollock-1357. Rarity-7-. Copper. Reeded Edge. Proof-64 RB (PCGS). CAC. Obverse is that of William Barber's adaptation of James B. Longacre's Indian Princess design, seated facing left with globe inscribed LIBERTY, flags behind and right arm supporting a pole with cap. Stars surround with date below. Reverse with an open laurel wreath, UNITED STATES OF AMERICA above, centers with COMMERCIAL / crossed small cornucopias / DOLLAR / 420 GRS. / 900 FINE and below on the ribbon binding the wreath is GOD OUR TRUST.<br />      The obverse boasts handsome reddish-tan copper with minimal fading and no carbon spots. The reverse shows a trifle more fading in the original color, but relegated to the wreath and surrounding lettering where greenish-iridescence is noted which blends well into the copper-rose surface. Boldly struck throughout, with no softness on any of the devices or lettering. The quality of the surfaces is a testament to careful storage and amazing luck.<br />      PCGS has seen at most five examples of this Pattern issue in their Red and Brown category, NGC has not certified any in this color, nor has either service seen one in full Red. Thus arguably tied with three others (at most) as the second finest seen of this rarity, with the total known likely in the 9 to 12 range. Highly appealing, and the only example at this grade level with CAC approval.