Lot 1767
1893. PCGS graded MS-62. Frosty and choice.
The year 1893 was a stressful one in America with a business depression gripping the nation. We have this informative anecdote from Denver, Colorado: By September 1893, the Colorado Bureau of Labor Statistics reported that 377 businesses had failed, 435 mines had closed, and 45,000 people were out of work. Because of the city's inability to take care of the jobless, some railroad companies began offering reduced or free fares for people wanting to travel from Denver. One railroad, for instance, lowered fares to $6 on the Denver to Missouri River route. This effort contributed to the exodus from the city, and Denver's population dropped from 106,000 in 1890 to 90,000 in 1895 (PCGS # 8725) .
Estimated Value $850 - 900.
The William H & Beuelaress K. Helem Collection.
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| Realized $949 |
