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Auction #Rich2 > Lot #1563 > Classic U.S. Coins > Trade Dollars (Proof) 1879 Trade$ NGC Proof 63 DLRC #: 94861  Track

Item Description:
A sparkling white coin that is untoned save for a hint of sunset gold around the rim. Well struck by the dies and attractive, with minimal signs of handling or hairlines. Identifiable by a tiny flaw right at the end of the arrow feathers on the reverse. As the flood of silver bullion from the Nevada Territory continued to deluge the Mint, drastic measures were taken. Laws were passed that required the bullion to be made into Morgan silver dollars, and the coining presses strained under the mightly load. Other silver denominations were ignored, and the Trade dollar was basically scraped aside from Proofs struck for collectors starting in 1879 until it peetered out entirely in 1885.
Sold For: $2,875.00

DLRC Auctions · Past Auction Records

Description Lot # / Auction Realized Date
1879 Trade$ NGC Proof 63 8934: Thursday - Internet Auction # 328 Login 1/30/09
1879 Trade$ PCGS Proof 63 1361: Monday - Internet Auction # 168 Login 8/14/07
1879 Trade$ NGC Proof 63 1563: Richmond Sale, Part II Login 11/30/04

Click here to view past auction records for all grades of this issue.

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