Lot 1142
1875. NGC graded MS-62. A nice white coin with prooflike fields. Only 36,910 struck. Much scarcer than the S-mint 1875 issue. Although the Western silver producers were selling large amounts of silver to the mints at a decent price in the early 1870s, due to the acquiescence of the Mint Director, Linderman, it never seemed quite enough. Nevada Senator Jones attempted to improve the situation by introducing legislation for a twenty-cent piece, producing the absurd claim that storekeepers in the West were shortchanging customers on the grounds that no five-cent pieces were on hand. There were plenty of half dimes yet in circulation in that area, but no one bothered to mention that fact.
At any rate, Congress did authorize the new coins, but they were the "original" Susan B. Anthony dollars and about as popular as the later model due to easy confusion with the almost identical Liberty Seated quarters. Authority to coin them was revoked in 1878 and they were quickly forgotten, except by numismatists.
Estimated Value $800 - 900.
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| Realized $978 |
