Goldberg Coins and Collectibles



Sale 80

June Pre Long Beach Sale


Trade Dollars
 
 
Lot Photo Description Realized
Lot 939
1873. PCGS graded Proof 62. Nice even dusky gray toning on both sides. Only 865 minted. Smooth fields with residual mirror reflectivity and light horizontal hairlines on the surface but most requiring magnification to see. Regarding this first year of issue date, the clearest details are found throughout the peripheral areas but also encompassing the key central features of Liberty and eagle, which are bold.

In an attempt to obtain the best possible design for the new Trade Dollar, Mint Director Linderman used a provision of the new Coinage Act of 1873 to hire outside artists. There were several patterns made for the 1873 trade dollar, but in the end Linderman chose one by Chief Engraver William Barber. The adopted design had the familiar figure of a seated Liberty, but in a somewhat different pose from the regular coinage. There was a great deal of ceremony connected with the first trade dollar coinage, and circulation-coin mintage was heavy for quite some time. Pop 49; 86 finer (PCGS # 7053) .
Estimated Value $1,900 - 2,000.
Ex: Teich Family Collection.

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Realized
$2,056
Lot 940
1875-S. NGC graded MS-66. A nice frosty white coin. To see this coin is to fall in love with it! Even if you collect areas outside of Trade Dollars, spend a few minutes with it at auction lot viewing, and see what we mean.

This specimen is downright brilliant, with delicate satin surfaces, a minimum of bagmarks, and a maximum of Mint pizzazz in the luster. With an overall quality seldom seen, you might shake your head once or twice in disbelief. To be sure, there are some things here and there, including an area of the obverse where die roller lines and somewhat light striking occurs at Liberty’s head. But from a standpoint of aesthetic beauty, such can be overlooked in the scheme of things.

Two different hubs were utilized for both the obverse and reverse during production of the trade dollar. Issues of 1875 and 1876 are the transitional coins of this series. All 1875 trade dollars were struck from the Type I obverse hub with both reverse types in use. Among 1876 trade dollars, both obverse and reverse hub types were used. Pop 5; none finer at NGC .
Estimated Value $12,000 - 13,000.
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Realized
$14,100
Lot 941
1875-S Chop Mark On The Obverse. PCGS graded MS-61. Untoned. Pop 19; 63 finer, 39 in 62, 20 in 63, 4 in 64 for the "Chop Mark" designation (PCGS # 7039) .

The Trade Dollar was introduced to compete with the Mexican 8 reales and similar silver coinage in Europe and Asia. During the early production years, many were sent overseas where they found wide use in China. The local merchants would often note their acceptance of the coins with their unique stamp or signature. These merchant stamps of approval would be hammered into the coin with a punch mark, or chop, and have since become known as chop marks. Some individual coins show only one or two such marks; other, up to dozens of these chop marks, reflecting their days in commerce on the Asian continent.
Estimated Value $400 - 450.
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Realized
$564
Lot 942
1876 PCGS graded Genuine Unc Details. Cleaning (PCGS # 7041) .
Estimated Value $200 - 225.
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Realized
$329
Lot 943
1876-S. NGC graded MS-65. Light hint of gold tone with nice prooflike surfaces. Looks like a proof. Pop 18; 3 finer in 66.
Estimated Value $11,000 - 12,000.
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Realized
$11,456
Lot 944
1876-S. PCGS graded MS-63. Lovely blue and golden toning. The fields are prooflike. An original toned and lustrous MS63 Trade Dollar with a gradation of medium to deeper steel gray that includes some blue accents on both sides. The contact from the dies is decidedly complete, with sharp stars and Liberty and an equally impressive eagle. No weakness reported on the eagle, this being one of the more boldly made 1876 San Francisco Mint pieces, a Mint that consistently made high quality Trade Dollars in the 1870s (PCGS # 7043) .
Estimated Value $1,500 - 1,600.
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Realized
$1,469
Lot 945
1876-S. NGC graded AU-58. Untoned.
Estimated Value $300 - 350.
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Realized
$423
Lot 946
1876-S. PCGS graded AU-55. Mostly untoned, lustrous and attractive. The San Francisco mint was tasked with striking the preponderance of Trade Dollars in their brief career from 1873 until 1878 (on the circulation strikes). All Proofs, however, which were issued each year until 1883, were made at Philadelphia (PCGS # 7043) .
Estimated Value $260 - 280.
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Realized
$411
Lot 947
1877-S. PCGS grade Genuine, Scratch - UNC Details. A pleasing white coin, well struck on the main devices. Appealing to the eye as well as to the pocketbook (PCGS # 7046) .
Estimated Value $450 - 500.
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Unsold
Lot 948
1877-S. NGC graded AU-58. CAC Approved. Nicely toned and lustrous. The attractive medium gray to russet color suggests that this all original, uncleaned coin lay in some out of the way repository for most of its existence until some astute coin collector acquired it.
Estimated Value $425 - 450.
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Realized
$588
Lot 949
1877-S. PCGS graded EF-45. Lightly toned (PCGS # 7046) .
Estimated Value $200 - 220.
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Realized
$247
Lot 950
1878. NGC graded Proof 66. Only 900 minted. Lovely light blue toning. The gorgeous blue-toned Proof, with only a dozen others designated by NGC at this level should be viewed by everyone. Another magnificent coin from this consignor, light frosty devices against rolling mirror surfaces, with original color.

1878 represents the first of an interesting string of Proof-only dates. Coins this year come on the market with some frequency in average grade, but few match this combination of high grade, sharp strike quality, and superb eye appeal, the last features being more important in our opinion. When a coin has everything, including high grade number, perhaps an ideal situation is reached. Pop 13; 4 finer in 67.
Estimated Value $10,000 - 12,000.
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Realized
$12,925
Lot 951
1879. PCGS graded Proof 65. Only 1,541 minted. Lovely blue toning on both sides. This originally preserved Trade Dollar is coated with Nature’s own toning. Vivid and colorful, the toning rests on fields that are smoothly reflective. A sharp strike confirms the Proof 65 designation, with near pristine surfaces of this desirable Proof-only date struck near then end of the series. Once the Mints stopped striking circulation pieces in 1878, the Trade Dollar’s fate was sealed. The end came after the Proof 1883s were made and sold. Pop 36; 25 finer, 20 in 66, 5 in 67 (PCGS # 7059) .
Estimated Value $5,500 - 6,000.
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Realized
$7,344
Lot 952
1880. NGC graded Proof 64 Cameo. Fully white. Only 1,987 minted. A satiny silver cameo Trade Dollar, this having richer mint frost on the devices than the similar Proof 64 from the same consignor. Both were clearly hand-selected for their strikes and overall eye appeal. with faint golden zephyr-like wisps of iridescence on both sides. Nicely struck for the date, certainly much finer than the plate coin in the Lange reference and worthy of strong bidder consideration. Pop 58; 80 finer .
Estimated Value $4,000 - 4,250.
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Unsold
Lot 953
1880. NGC graded Proof 64. Fully white. Only 1,987 minted. Explosive mirror deep field luster graces delicate satin-finished devices and lively silvery color. The coin has a beautiful moon-light iridescence. An attractive Choice Proof 64 that wears its bold strike proudly.
Estimated Value $3,000 - 3,200.
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Realized
$3,643
Lot 954
1883. NGC graded Proof 65. Lovely shades of blue and lilac tones. Only 979 struck. The quality control supervisor in charge of Proof production at the Philadelphia Mint in 1883 must have been a perfectionist for detail because in few other years was the mirror depth more beautiful on Trade Dollars. The detail displayed on this lovely toned Proof 65 Gem is typically bold and only a few wispy hairlines separate the stunning surface from an even loftier rating. Pop 55; 44 finer at NGC.
Estimated Value $6,000 - 6,500.
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Realized
$7,050
Lot 955
1883 NGC graded Proof AU Details. Harshly cleaned. Only 979 minted. Proof only date. Untoned example.
Estimated Value $500 - 550.
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Realized
$1,087






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