Lot 3127
1881 Trade Dollar. NGC graded Proof 66 Cameo. Well struck and mostly white with some light golden toning around the edges. A Beauty! Only 960 proofs issued for this proof only year. Pop 10; 12 finer. Lustrous with dominant snow white frostiness on the devices and appealing warm golden brown peripheries. What a sensational trade dollar! Additionally, this date is easier said than done to find fully struck since often the stars or a portion of the eagle is weak. The centers pack full detail into the design from a decidedly precision strike as do the stars and legends.
Reflecting the dwindling fad for obtaining Proofs, mintage of 1881 trade dollars (all Proofs) was once again nearly equal to the number of silver Proof sets minted (960 trade dollars very scarce. 975 of other silver denominations). As before, during 1881 the influx of earlier-dated trade dollars from foreign countries, primarily London, continued. With speculation no longer a factor, by 1881, production of Proof trade dollars reverted to its normal level. Monthly figures are as follows: January: none; February: 300; March: 175; April: 85; May: 40; June: 70; July: none; August: 10; September: 25; October: 51; November: 38; and December: 166. The total for the year came to 960.
Estimated Value $10,000 - 11,000.
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| Realized $13,225 |
