Lot 1313
1902. NGC graded Proof 67. Gleaming bright silvery mirrorlike surfaces with a mild cameo appearance. Just five graded this high, and two better. Mintage of 777 pieces, thus just a "type coin," and of only scant interest in the current market, which is so focused on rarity. Yet 1902 was an interesting year, at the start of the last millennium. The Bureau of the Census was created, giving the nation a greater sense of what is was. The famous Sherman Anti-Trust Act passed into federal law, allowing the Feds to sue Morgan and his cronies to break up their railroad stronghold on the country--yet, interestingly, almost a hundred years later Congress is now relaxing its banking laws, which might swing us back to 1901 in terms of corporate collusion. The age of the Robber Barons was seemingly drawing to a close--but was it really? So, this coin holds a lot of history upon its face.
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