Lot 1627
1875 Trade Dollar. PCGS graded Proof 64 Cameo PQ. Nice shades of light gold and blue toning. This is a shimmering, golden-colored Proof with eyes on the Proof 65 category, and why not, since it is so richly endowed. The bold strike is impressive for the series and both sides are typically sleek and problem-free for the grade. A real charmer! Like the 1874 issue, a mere 700 Proofs were struck in 1875. Pop 9; 4 finer; 2 in 65; 2 in 66. (PCGS # 87055) .
In 1875, the nation reeled at the exposure of yet another public scandal when the Whiskey Ring was uncovered and brought to public attention. An association of distillers and Federal officials had been defrauding the Government of a large slice of the tax revenue, part of which was used to bribe other public officials and finance lobbying activity. A number of President Grant's appointees were indicted, including the President's secretary.
Estimated Value $4,000 - 4,500.
Ex Dr. Hesselgesser.
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