1874 Gold Dollar. MS-63 (PCGS). CAC.,Handsome deep gold surfaces support a sharp strike and a full quota of soft satin luster. This issues generous mintage of 198,800 pieces is an anomaly in an era when the Philadelphia Mints yearly output of circulation strike gold dollars usually amounted to fewer than 5,000 coins. It was anticipated at the time that gold coins and Legal Tender notes would achieve parity in the market (this did not happen until December 17, 1878), and pieces were struck to fill the expected demand. The benefit for todays collectors is that the 1874 ranks as one of the most available gold dollars in Mint State, and is an ideal issue for type purposes.,From the A.J. Vanderbilt Collection.,
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