1 Dollar    (sold for $1250.0)

1882. NGC graded Proof 58. A slightly circulated example of this proof only year. A total of 1,097 coins struck. By the later-1870s, it became clear to everyone except congressmen that America's Trade Dollar experiment was a failure. Many of these non-monetized coins remained at home instead of circulating abroad, as had been the primary intent. This caused untold grief to workers and small businessmen. Eventually, the wheels of congress began turning: after 1878, only Proofs were struck, exclusively for collectors. And finally, in 1887, our "Coconuts on the Hill" (as H. L. Mencken called these erstwhile DC. gentlemen) put an end to the Trade Dollar experiment. Estimated Value $900 - 1,000. Categories: Dollars
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Price
This coin has been sold for   $1250.0 / 2012-01-29

Transaction details: https://www.hobbyray.com/page-cache/586921d5e4d242e8bbd69c60a0cbf314.html
Posted by: anonymous
2015-03-02
Coin Group
 Denomination: 1 Dollar
 Metal: Copper
Silver
 State: USA (1776 - )
 Catalog reference:
  KM-108
 
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