1 Dollar (sold for $1250.0)
-TtMKbzbitJ8AAAFLedijltlR.jpg "1 Dollar USA (1776 - ) Copper/Silver")
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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Posted by:
anonymous 2015-03-02 |
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Coin variations:
114 instance(s)
Prices:
105 instance(s)
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