1878 Trade Dollar. Proof-65 (PCGS). CAC.
An absolutely superior example of this transitional issue, struck in the same year that the first Morgan dollars were released for circulation. A warm glow of olive-russet and pewter dominates the obverse, while rich shades of sandy-mauve and smoky-gray adorn the reverse. Reflective fields frame the satiny devices, which remain fully untouched across the highest points. Very delightful to examine and undoubtedly among the finest known. The 1878 trade dollar is a Proof-only issue with a mintage of just 900 pieces. The entire issue was produced as an accommodation for the numismatic community, and while much of this original mintage has survived, few remain as pristine as the present offering. Just a hair's breadth away from upper end Gem quality, and confirmed as such by CAC. It is obvious that this impressive rarity is a significant coin with few peers at the assigned grade level.
PCGS# 7058. NGC ID: 27YP.
PCGS Population: 16; 15 finer in this category (Proof-68 finest). CAC Population: 9; 6.
From the Collection of James Allaire Millholland, 1842-1911.

Estimate: $6500