1873 Proof Dollar Pattern - J-1277

Coin Details

Auction Record

$8,050 PR63 09-22-2010 Heritage Auctions

Description

The 1873 Proof Dollar Pattern - J-1277 is a proof dollar struck at the Philadelphia Mint, 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. As a proof issue, this coin was struck multiple times on specially prepared polished planchets using polished dies, producing mirror-like fields and frosted design elements prized by collectors. Struck at the original U.S. Mint facility, in continuous operation since 1792. Auction record: $8,050 PR63 09-22-2010 Heritage Auctions. Struck in other. Cataloged as PCGS #61562.

Rarity Notes

R-7. Extremely rare, estimated 4-12 examples known.

Cross References

Judd-1277, Pollock-1416