Will this coin CAC? 1874-S Trade $1 (ANA Coin #1) **RESULT POSTED 3/15/25**

_result posted in comment _
Another coin show, another CAC submission, another poll. Vote below the photos; all comments welcome.
Nothing is as expensive as free money.
Will this coin CAC? 1874-S Trade $1 (ANA Coin #1) **RESULT POSTED 3/15/25**
This is a public poll: others will see what you voted for.
0
Comments
I have no experience with CAC, but know a little about Trade $'s. The coin looks accurately graded but I'm not seeing much luster, but like the overall look of this coin. I don't know what JA looks for so I'm not voting, but it looks like a nice original coin to me. Good Luck.
I will defer to more expert graders and numismatists on almost every topic but, I would wager that I have more experience submitting chopmarked T$s to CAC than anyone since Bruce Morelan sold his set. I was looking at the pop reports yesterday and I am responsible for something like 15-20% of the total population of stickered chopped trade dollars.
That coin absolutely has the look of a CAC chopped T$. The surfaces are all there. The only variable is if it is a solid 58. Looking at it closely, there may be a touch too much wear for a solid 58. That being said, I still vote yes.
chopmarkedtradedollars.com
I don’t have quite as much experience as you in submitting chopmarked T$’s, as I’m responsible for exactly 0% of the total population. 😉
I voted “No”, due to what appears to be muted luster and my thought that the coin looks more like a 55 (or perhaps a just make it 58). Either way, it’s still a nice looking example.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
I'm 50/50, but think it might due to originality and the fact I think the luster may be enough from the images. It's a liner from what I can tell, and if it fails I believe it'll be just because it is not a strong enough as a 58. I like the coin, quite a lot.
“We are only their care-takers,” he posed, “if we take good care of them, then centuries from now they may still be here … ”
Todd - BHNC #242
I would not buy it as an AU-58 because it's too dull. CAC has given beans to pieces I would not buy, but generally I think that they want an AU-58 with more eye appeal.
There are few threads that will fit my niche more perfectly than this one
As mentioned, the grade is my only concern. I would bet a lot of money on a pass if it was in a 55 holder.
I have a handful of uber-original coins like this that appear to have muted luster but come to life under a lamp. They routinely pass BUT as 50-53s. These are all stickered coins,
(This one is a 58)

chopmarkedtradedollars.com
I agree with the grade but not attractive enough for a sticker. Now I'll read the thread.
Now I see why you posted that the OP's coin may not be a 58. Your coins have much less wear and more luster. Oops, I went back for a look to ask you a question and then post a challenge and see that I was wrong -again. They all looked AU-58 to me with less wear than the OP coin but only one of yours was graded AU-58.
Challenge: See PM
I see too much wear and not enough luster.
Too much wear for sure and lacks luster. Also, take a look at her right arm. I don’t think it would sticker as a 55.
It has the look of a 58 that also appears undisturbed. Nice example, although I don’t know much about Trade dollars.
The luster does bother me a little, but with good lighting may appear better than the pics (which are still good, btw). Hard to know, but I’m pulling for the OP.
“The thrill of the hunt never gets old”
PCGS Registry: Screaming Eagles
Copperindian
Retired sets: Soaring Eagles
Copperindian
Nickelodeon
I voted no. That being said….. it is nice as a XF-45 to AU-53.
A cursory look….. did not see the chopmark(s) . Oh, I found it on the reverse only.
XF45 and AU50 should be out of consideration.
Here’s a picture of each:
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
Toning doesn't look original. Also, I see no underlying luster.
Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍
My Full Walker Registry Set (1916-1947):
https://www.ngccoin.com/registry/competitive-sets/16292/
PCGS charges 3% for conservation and that includes a grade guarantee.
Not at 58. I bet it would at 53 and maybe 55. I like the look but the luster & eye appeal aren't quite what CAC would need to see at 58. As always ymmv.
It will be close as I feel it has enough meat for a 58
Mike
My Indians
Danco Set
Unlike @lermish, I am not number 1 in submitting chopmarked Trade Dollars to PCGS, but I bet I am in the top 10! What I have learned over the years is that grading chopmarked Trade Dollars can be a crapshoot. That said, the coin in question has a bit too much wear for my tastes to be a 58. But I could be wrong.
Complete Set of Chopmarked Trade Dollars
Carson City Silver Dollars Complete 1870-1893http://www.pcgs.com/setregistry/showcase.aspx?sc=2722"
Just CAC submissions, you've got me at PCGS I think
The real PCGS submission leaders are the people buying from the Chinese excavators though, I've seen some pretty massive runs of sequential cert numbers!
chopmarkedtradedollars.com
Those coins would be corroded from the ground though, right?
The better question would be whether one prefers a coin with surfaces like this... with the chopmarks or a CAC sticker?
I will choose this or one with these characteristics more often over a CAC sticker.
Nice coin and I would not lose sleep over the CAC question with this coin. It is a keeper.
Experience the World through Numismatics...it's more than you can imagine.
The final forum tally:

Result: ✅ Yes, Green CAC
The forum majority (60%) was skeptical of this one, but she returned home with a bean.
I bought this coin because I've never owned a chopped Trade, and thought it was cool with superb originality, and I believed it had a strong shot at earning CAC approval, as my Trade type coin has a similar look.
After seeing some of the comments here, I felt a bit less confident as I can understand the reasoning for a 55 grade, but CAC seems to really like the surfaces like this and I'm glad she made the cut. @lermish nailed it IMO.
This is now a stickered Pop 2 for the chopped 74-S in AU58, with 7 coins higher.

Vote on the other coins in this submission here:
1870 Seated $1 (ANA Coin #2)
1924 Peace $1 (ANA Coin #3)
1875 20c (ANA Coin #4)
Nothing is as expensive as free money.
I didn't want to respond while the voting was ongoing (so as not to sway the voting one way or the other), but the disturbances on Liberty's arm are a consequence being on the opposite side of the chop mark.
Nothing is as expensive as free money.
Excellent
Experience the World through Numismatics...it's more than you can imagine.
Congrats! I'm pleased for you but not surprised with the result.
Here is my previous 74-S (formerly AU55 CAC; now CACG AU55, the first CACG holdered chopped T$) and current 74-S (MS63 CAC)
chopmarkedtradedollars.com