1878 8TF $1, CAM PR(PCGS#87311)

August 2023 Global Showcase Auction U.S. Coins

Auctioneer

Stack's Bowers

Lot Number

5079

Grade

PR64+CAM

Price

14,400

Lot Description

Remarkable Second Proof 1878 8TF Morgan Dollar 1878 Morgan Silver Dollar. 8 Tailfeathers. Proof-64+ Cameo (PCGS). CAC. For an issue that is usually encountered on the open market only individually and at widely spaced intervals, this is truly a rare second offering in this sale. This Proof 1878 8TF dollar offers both bold cameo contrast to the finish and coveted CAC approval at the PCGS-certified grade. Field to device contrast is readily appreciable in the absence of all but the lightest iridescent gold peripheral toning. Frosty design elements are fully struck, and were it not for a few extremely faint handling marks on Liberty's cheek the otherwise smooth-looking surfaces would surely have secured a full Gem rating. Thoroughly PQ at the Choice Cameo Proof level, and sure to command a strong premium from the successful bidder. PCGS Population: 4; 6 finer in this category (Proof-67 Cameo finest). CAC Stickered Population: 7; 5. The former total includes coins certified both Proof-64 Cameo and Proof-64+ Cameo. PCGS# 87311. NGC ID: 2572. Click here for certification details from PCGS.