1874 Trade Dollar. MS-64 (PCGS). CAC.

1874 Trade Dollar. MS-64 (PCGS). CAC.，This fully lustrous, satiny beauty has a virtually full strike on both sides. Lovely brilliant silver surfaces display some wisps of pale golden iridescence. The Philadelphia Mints second trade dollar, the 1874 (mintage: 987,100 circulation strikes) was produced at a time when coins of this denomination were shipped to the Orient in large numbers while at the same time they circulated in the United States as legal tender (a provision ended by the Act of July 22, 1876). In fact, this issue is the most common Philadelphia Mint trade dollar with chopmarks, indicating widespread commercial use in China. On the other hand, with few coins preserved in the United States the 1874 is a notable rarity in Mint State. An important bidding opportunity for advanced collectors of this series.，From the A.J. Vanderbilt Collection. Earlier from Paramounts session of Auction 83, July 1983, lot 260; via Stacks. Lot tag included.，