Goldberg Coins and Collectibles



Sale 32

Pre-Long Beach Coin and Currency Auction


Seated Liberty Dollars
 
 
Lot Photo Description Realized
Lot 1862
1860-O Liberty Seated Dollar. NGC graded MS-62. Well struck and mostly white; there were approximately one thousand 1860-O and 1859-O silver dollars distributed from a Treasury mint bag in the 1960s. These tend to have wonderful original satiny luster, sometimes prooflike, with scattered bagmarks on the surfaces (PCGS # 6950) .
Estimated Value $1,600 - 1,800.
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Realized
$1,380
Lot 1863
1864 Liberty Seated Dollar. NGC graded Proof 65. Light even toning on both sides. Pop 7; none higher. All Proof 1864 Silver Dollars were distributed as part of the year's Proof sets. Federal records indicate that only 470 specimens were delivered, a total that seems too small given the extant population of this issue. Among the survivors, the Gem Proof 65 grade level is typically the highest that collectors can hope to obtain. A conditionally rare Gem, this lovely Proof Silver Dollar has low NGC census and a high ranking in our unofficial "eye-appeal" poll of the office staff (PCGS # 7007) .
Estimated Value $8,000 - 9,000.
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Realized
$10,350
Lot 1864
1876-CC Trade Dollar. NGC graded MS-63. Irregular rainbow toning on both sides. Pop 7; 3 in 64; none higher. Struck with scientific exactness throughout the centers and main devices, which is fortunate for any prospective buyers since there is nothing to distract from the overall beauty of the design. Mint luster like brilliant frosted glass under the toning gives this coin much of its life and pizzazz. A scarce Carson City mint issue in this grade (PCGS # 7042) .
Estimated Value $12,000 - 15,000.
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Realized
$15,525
Lot 1865
1878 Trade Dollar. NGC graded Proof 65. Magnificently toned. A lustrous, outstanding specimen with a grand display of deep amber reds to golds, lavender, blue, and electric blue iridescence on both sides. Nicely struck, in fact fully so at the stars and two main devices so that its charm is enhanced immeasurably. Pop 74, 55 finer. (PCGS # 7058) .

Read what America's premier coin curmudgeon, Walter Breen, had to say about how Trade Dollars got foisted upon the naive public:

"The issue of this coin was an expensive mistake -- its motivation mere greed, its design a triumph of dullness, its domestic circulation and legal-tender status a disastrous provision of law leading only to ghastly abuses, its repudiation a source of hardship for Pennsylvania coal miners and other laborers held in virtual peonage by company stores, its recall a long overdue but very mixed blessing, and its collection a source of decades of frustration."

Of course, one may argue Breen's point about Trade Dollar design being a triumph of dullness. Compare its so-called dullness to today's lovely Susan B. Anthony and Ike Dollars. Does not such an opening paragraph whet your appetite to learn more about the Trade Dollar's remarkable story? We haven't the space to give more here, but if this has piqued your curiosity, why not pick up a copy of Breen's mammoth Encyclopedia of US and Colonial Coins and read it through. He has much more to say about these splendid coins.
Estimated Value $6,000 - 7,000.
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Realized
$7,475
Lot 1866
1879 Trade Dollar. PCGS graded Proof 66. Gorgeous toning. Pop 22; 8 in 67. Glittering with mirror brilliance, the surfaces display few noticeable hairlines and instead come nicely toned. The shades run from standard purple brown and blue to a lovely shade of sky blue (wholly iridescent) along the margin. What a gorgeous coin! And a Proof-only date in the late-issue Trade Dollar tradition (PCGS # 7059) .
Estimated Value $10,000 - 11,000.
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Realized
$11,500
Lot 1867
1879 Trade Dollar. PCGS graded Proof 66. Wonderful blue and gold toning. A satiny frosted and lustrous mirror-fresh gem with a bold accents of champagne gold and red deepening to wonderful purple with blue iridescence on both sides. The strike is utterly complete, and without a hint of soft detail seen at stars (which sometimes occur weak on the Proof-only semi-keys of 1879-83). Of the dress worn by Liberty, every fold and crease shows extensive detail. In other words, this is a first-rate coin for its grade and Type. Pop 22; 8 in 67 (PCGS # 7059) .
Estimated Value $10,000 - 11,000.
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Realized
$13,800
Lot 1868
1881 Trade Dollar. NGC graded Proof 65 Cameo. A white gem example. Pop 10; 19 finer. Mint luster on the devices like brilliant frosted glass gives this coin much of its life and pizzazz. Struck with scientific exactness throughout the main portaions of Liberty, the eagle, the stars and legends, it fully earns its coveted "Proof 65" grade (PCGS # 2833) .
Estimated Value $6,000 - 7,000.
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Realized
$7,475






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