1873 Cent Pattern - J-1257

Coin Details

Auction Record

$46,000 MS63 07-27-2008 Stack's

Description

The 1873 Cent Pattern - J-1257 is a cent produced at the Philadelphia Mint as part of the Trade Dollar Era Patterns (1871-1873) series. The obverse features Liberty seated facing left, holding an olive branch extended to the viewer, with a sheaf of wheat behind and the reverse displays an eagle perched on a bale of goods, with an olive branch and three arrows. First year of the Trade Dollar, authorized under the Coinage Act of 1873 to compete with the Mexican peso in Asian silver markets. At 420 grains, it was deliberately heavier than the standard silver dollar. Struck at the original U.S. Mint facility, in continuous operation since 1792. Auction record: $46,000 MS63 07-27-2008 Stack's. Struck in other. Cataloged as PCGS #71542.

Rarity Notes

R-7 to R-8. Very rare, approximately 3-8 examples known.

Cross References

Judd-1257, Pollock-1396 (business strike)