Lot 2753
1880 $1 Gold Indian. NGC graded MS-67 Prooflike. A frosty untoned prooflike coin. 1,600 pieces minted. Pop 7; 10 finer, 9 in 67 Star, 1 in 68 (PCGS # 7581) .
According to the Breen encyclopedia, "Despite limited mintage of the Broad Head dollars 1879-89, mint state survivors are plentiful. Most of the [1,600] of 1880 went to hoarders; during the 1950s and '60s, the holdings of Horace L. P. Brand, Charles E. Green, and others yielded hundreds of choice examples. Smaller hoards turned up of other dates in the period; all are available for a price. Worn survivors are very unusual, and apparently nonexistent for 1880, which almost always comes prooflike UNC. Type collectors have snapped up many of these, especially as the coins are attractive sharp strikings."
Of course, these have since been distributed into the marketplace, for multiple coin offerings are now almost unheard of.
Estimated Value $3,000 - 3,300.
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| Realized $4,025 |
