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 Replies: 38 / Views: 3,670 |
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Pillar of the Community
United States
4680 Posts |
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Pillar of the Community
 United States
4469 Posts |
The 1876 Trade dollar is one of the most difficult dates to determine between a proof and business strike. There were 6 combinations of dies used for the 1876 Trade dollar proofs. Two of the 1876 obverse proof dies were reused for business strikes. This coin is not a proof as the claw holding the arrows is poorly struck. On almost all reverse type 2 proofs, the claw has a strong strike with full details. I purchased the coin at Great Collections. The final price with shipping was $999. This example has both die polish lines and a wipe causing hairlines. When I made the purchase, I knew the coin had hairlines from the GC photos, but I am a sucker for cameo coins. The example has strong eye appeal much better than my photos show. The coin has gold highlights on the details that do not show on photos. This is the fourth Trade dollar that I have purchased for my Trade dollar date and mint set. The set is more difficult to complete than anticipated. The availability on many dates is limited in the lower grades as the coin was never issued for circulation. There are a lot of detail Trade dollars on the market, and the competition for quality straight grades is strong. I considered doing the set raw, but after analyzing the number of detail coins, counterfeits, limited resource material, cost, a raw set was not feasible. Do you think the coin would cross at grade into a PCGS holder?  |
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Bedrock of the Community
United States
12057 Posts |
I feel that is correctly graded by ANACS at MS61 and that there is a slight premium for the small OWH. I also feel that it would cross to a PCGS 61.
Member ANA - EAC - TNA - SSDC - CCT #890 "Most of the things worth doing in the world had been declared impossible before they were done." -- Louis D. Brandeis |
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Bedrock of the Community
United States
94367 Posts |
Blind squirrel needs help getting back to nest.
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Pillar of the Community
United States
1048 Posts |
 Geez I could have sworn this was a proof. Neurons misfiring. Uncommonly pristine surfaces for a business strike. |
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Pillar of the Community
United States
7621 Posts |
Tough to say on a crossover. Never hurts to ask, or try! Lots of undergraded coins have shown up in those old ANACS holders over the years.
Nice pick up! Congrats!
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Pillar of the Community
United States
3848 Posts |
Very interesting. I have not looked at enough proof Trade dollars to differentiate between a proof and business strike accurately. I do see the strike weakness on the reverse. Quote:
I considered doing the set raw, but after analyzing the number of detail coins, counterfeits, limited resource material, cost, a raw set was not feasible. That is a good idea to reduce the potential of purchasing a counterfeit. Quote:
Do you think the coin would cross at grade into a PCGS holder? I personally would not bet on it crossing. There is a chance it would get a detail grade if the hairlines are bad enough, and the grader is in a bad mood that day. I do like the soapbox holder, so I would keep it as is. Suffering from bust half fever. Want to learn how to attribute early half dollars by die variety? Click Here: http://goccf.com/t/434955Shoot me a PM if you are looking to sell bust halves. Edited by jacrispies
03/12/2022 3:02 pm
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Pillar of the Community
United States
1775 Posts |
That is the nicest 61 I have seen in a while.
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Pillar of the Community
United States
1694 Posts |
love the old ANACS Holders. There are some gems
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Pillar of the Community
United States
4692 Posts |
Probably best to leave in ANACS holder. TPGs are tough on Trade dollar grading. Here is my ICG MS-62 as a reference.    Edited by jimbucks
03/12/2022 7:24 pm
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Pillar of the Community
 United States
5191 Posts |
If not proof, would this Trade dollar be eligible for a PL designation? |
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Pillar of the Community
United States
4469 Posts |
Quote:If not proof, would this Trade dollar be eligible for a PL designation? Yes, but the mirrors on the OP example come up a little short to get the PL designation in today's grading standard. I would put the mirrors in the semi-prooflike category. In some of the older holders, Morgan PL examples can be found with mirrors less than 2" clarity, but the coin's would often have a strong cameo. PCGS has graded 3 Trade dollars as PL and NGC has graded 31 Trade dollars as PL. If you every want to get a PL or DMPL designation, send it to NGC. |
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Bedrock of the Community
United States
18681 Posts |
cant believe this is not a proof. fooled everyone here with that strike. I agree 61 is too low imo
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Pillar of the Community
United States
7621 Posts |
Quote:
fooled everyone here with that strike Not everyone, as a few of us here knew it was a business strike.  |
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Pillar of the Community
United States
735 Posts |
I dont know the series well enough but it looked like a proof to me..
I've been collecting for a couple years... Favorite Coin's are Standing Liberty quarters, Working on my type set | Coffee, Corvettes, Coins & the CCF what could be better? |
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Replies: 38 / Views: 3,670 |
First Page
Posted 03/12/2022 11:16 am
