1878 8TF $1 PR(PCGS#7311)

August 2023 Global Showcase Auction U.S. Coins

拍卖行

Stack's Bowers

批号

5078

等级

PR66

价格

113,595

详细说明

Highly Elusive Proof 1878 8 Tailfeathers Dollar Exceptional Proof-66 Grade from PCGS 1878 Morgan Silver Dollar. 8 Tailfeathers. Proof-66 (PCGS). An enchanting specimen that offers exceptional quality and outstanding visual appeal for this key date Proof Morgan dollar issue. Both sides are richly toned in pearl-gray with an overlay of vivid olive, reddish-gold, powder blue and champagne-pink iridescence. There is strong reflectivity in the fields. Sharply struck, as befits the method of manufacture, with remarkably well preserved surfaces that border on pristine. Among Proof Morgan dollars, few pieces are as desired as that of 1878 with 8 Tailfeathers, representing the first style of the design, and thus very distinctive. The mintage is not known with certainty, but is usually estimated at 500 pieces, reasonable enough, as examples are elusive today. Although a production of 500 coins would indicate that specimens would come on the market with some frequency, this is simply not true. For some reason, examples are rarer than they should be, perhaps calling into question the estimate. Whatever the situation, today the Proof 1878 8 Tailfeathers is indeed rare, and examples, when seen, usually come on the market one at a time, and at widely spaced intervals. As an upper end Gem that is nearly in the Superb category, we unhesitatingly describe this specimen as both an absolute and condition rarity. It is also a beautiful coin, and will be just right for an advanced Proof type or date set. PCGS Population: 10; 4 finer in this category (Proof-67+ finest). PCGS# 7311. NGC ID: 2572. Click here for certification details from PCGS.