Lot 1434
1873 Pattern Trade Dollar. Silver, reeded edge. . J-1276. . P-1418. NGC graded Proof 64 Rarity 4. Light blue and lilac toning. Popular Barber design in an old holder. A gorgeous near-gem of the finest order for its Proof 64 designation. The highly lustrous, mirror-flash surfaces exhibit mingled toning hues as described. Boldly struck as well, in fact fully so, it deserves special mention here. Those who take the time to scan the photographs of these will see that our consignor had a consistent eye for quality, beauty, and marvelous toning in his choice of Pattern Trade dollars. Avail yourselves of his good judgment by buying one or more of these! Pop 3; 6 in 65 (PCGS # 61561) .
Historic Note: In this year Dr. Henry R. Linderman was appointed Director of the Mint and Assay offices of the United States by President Grant. He had largely been responsible for writing and securing the passage of the Coinage Act of 1873, which abolished the old silver dollar, half dime and three-cent silver piece and authorized the trade dollar. Dr. Linderman had projected the "trade dollar" as a means of finding a market in the oriental countries for our great surplus of silver. Hence, it is not surprising that a large number of trade dollar Patterns appeared at this time.
Estimated Value $5,000 - 6,000.
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| Realized $6,038 |
