1877-S-Trade-dollar-Sold-for-$17,625

1877-S Trade dollar Sold for $17,625

14 Feb 2018  Wed

The top bid at Regency XXV Auction by Legend Rare Coin Auctions on 25th January was for a 1920 Saint-Gaudens gold $20 double eagle, graded PCGS MS 65 which sold for $188,000. A Proof 1852 Seated Liberty dollar, graded PCGS Proof 65 with a green CAC ticker was the next in line which sold for $129,250. Legend’s Regency XXVI auction will take place on 17th May in New Orleans while Regency XXVII sale will be held on 26th July in Las Vegas.

An 1877-S Trade dollar, graded MS 66 was sold for $17,625 on 25th January. The coin had a mintage limit of 9,519,000 which is the highest for Trade dollar denomination. Collectors look for different types as the mintage limit is high.

It features considerable cartwheel luster on both sides, unlike other 1880-S Morgan dollars. The radiance is consistent without any breaks in the frost. It has minor contact marks. The coin features burnt orange, aqua, and olive-slate toning. It is one of the six pieces which is graded PCGS MS-66+. Only one piece is graded MS-67,