1874 T$1 PR(PCGS#7054)

August 2021 ANA U.S. Coins Auction

Auctioneer

Stack's Bowers

Lot Number

3415

Grade

PR63

Price

2,400

Lot Description

1874 Trade Dollar. Proof-63 (PCGS). OGH. Dusky sandy-silver patina blankets both sides of this sharply struck and handsome specimen. The Philadelphia Mint produced 700 Proof trade dollars in 1874, the second year in what would prove to be a brief series. Although it was customary for the Mint to wholesale remaining Proofs from earlier years to New York and Philadelphia-based dealers early in the new year, the Mint released 175 unsold Proof trade dollars at face value on January 9, 1875. Most of these coins were probably dated 1874 and, while some may have been acquired by contemporary dealers, others likely ended up in commerce and were lost to future numismatists. Today, the 1874 is among the scarcer Proof trade dollars, the present offering sure to appeal to astute bidders. PCGS# 7054. NGC ID: 27YK. Click here for certification details from PCGS.