Lot 3109
1877 Trade Dollar. PCGS graded Proof 65 Deep Cameo. Fully white and well struck.A glowing icy freshness is emitted from undisturbed original surfaces on this immensely beautiful Gem Proof 1877 trade dollar. Judged merely from an aesthetic standpoint, and not counting the rarity, the coin is also possessed of a much finer strike than is typically found for one of these, with splendid surfaces as well.
While monthly reports of Mint production figures for Proofs suggest a total mintage of 510, some (including Walter H. Breen and Q. David Bowers) have questioned this figure. Based upon the number of known specimens, and the 200 made in February (before any major deliveries of business strikes), "a figure of 710 seems more likely," suggests Bowers in his silver dollar encyclopedia. Proofs, though rare in the overall context of numismatics, are not among the rarities of the 1873-1883 Proof series. But the specialist will want to take care not to overlook this relatively low population Gem Proof 65 with its cameo devices. Pop 2; none higher at PCGS in DCAM. Only 6 graded at PCGS in DCAM for this date. (PCGS # 97057) .
Estimated Value $9,000 - 11,000.
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