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Infrequent addition to my trade dollar set
crypto79
Posts: 8,623 ✭
My Set (Seen here), is pretty comprehensive to the point where I don't get to add coins very often. I have undertook several other sets but every once in a while I get to add one of these and it reminds me why I love the series so much.
The 1873-s is an enigma of sorts, not only is the date interesting because it was a transition year as the mints went from seated dollars to the new Trade Units but records show that all 3 mints (P,S,CC) made batches of both types. However no examples are known of the 73-s Seated Dollar and further more the 73-s Trade is by far the rarest of the normally common S mint Trades and actually one of the rarer date/mm overall despite its mid-pack mintage totals of just over 700k. The date was one of the harder ones for me to track down owing to its low pops even compared to the "keys" and was the last one I needed for my date/mm set years ago. Even though I had a nice 55 I know I had to jump of this example of this underrated first year issue. Enjoy
The 1873-s is an enigma of sorts, not only is the date interesting because it was a transition year as the mints went from seated dollars to the new Trade Units but records show that all 3 mints (P,S,CC) made batches of both types. However no examples are known of the 73-s Seated Dollar and further more the 73-s Trade is by far the rarest of the normally common S mint Trades and actually one of the rarer date/mm overall despite its mid-pack mintage totals of just over 700k. The date was one of the harder ones for me to track down owing to its low pops even compared to the "keys" and was the last one I needed for my date/mm set years ago. Even though I had a nice 55 I know I had to jump of this example of this underrated first year issue. Enjoy
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Joseph J. Singleton - First Superintendent of the U.S. Branch Mint in Dahlonega Georgia
Findley Ridge Collection
About Findley Ridge
Any reason....beyond the normal, "things go up, things go down" theory?
<< <i>After my 7 or 8 year hiatus from collecting, one of the things I noticed was a rise in interest in Trade Dollars.....at least on these forums.
Any reason....beyond the normal, "things go up, things go down" theory? >>
My thinking is the collector base was minuscule to begin with, so it's not hard to "go up" as you say. Still not a heavily collected series, so there's much potential to find some pretty rare stuff for pennies on the dollar of other more collected series.
Crypto, the 73-S is such a frustrating coin. Even though the 73-CC had about 1/6th the mintage, I've seen more 73-CC offered for sale than 73-S by probably 2 to 1. My guess would be that many more 73-S were sent overseas, as evidenced by the many chopmarked examples and the higher likelihood of S mint coins being shipped out than CC or Philly due to proximity to the SF bay and shipping routes.
BTW, while not as tough as the 73-S, the 74-S is also under-appreciated.
Crypto79 - nice coin.
EVP
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<< <i>Dan - while I think overseas bullion payments is a good explanation, I think another reason is that CC coins are over-appreciated while the 73-S suffers from the curse of being associated with the other S-mint TD's. Thus, the CC coins are fully priced while the 73-S is not. (Yes, the 73-CC TD is a honest-to-God better date but the price structure for it relative to overall series performance offers little opportunity for bargains.)
BTW, while not as tough as the 73-S, the 74-S is also under-appreciated.
Crypto79 - nice coin.
EVP >>
Best explanation I have heard to date, people just assume they are out there because of the 75-78s coins which comprises 4/5 of total Mintage of the series
<< <i>Very nice coin. I really like it. >>
Thanks, the toning is solid meatllic and the fields are very clean for a 62 with only the shallow bag mark at behind liberty under star 8 being grade limiting. I have never minded finger prints as its all part of the history and besides they blend in while in hand. It's slighly PL and is quite flashy although not a luster bomb chartwheel. It looks like a higher grade while being correctly graded, just how I like them.
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CoinsAreFun Toned Silver Eagle Proof Album
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Gallery Mint Museum, Ron Landis& Joe Rust, The beginnings of the Golden Dollar
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More CoinsAreFun Pictorials NGC FOR SALE
Great look --thanks for sharing.
"Look up, old boy, and see what you get." -William Bonney.
Great pickup crypto...................
Finger prints seem to add to this cool coin....well sorta!
<< <i>Extremely nice collection! What's next, a chopped date run? >>
you mean something like this
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My Full Walker Registry Set (1916-1947):
https://www.ngccoin.com/registry/competitive-sets/16292/
``https://ebay.us/m/KxolR5
<< <i>Looks like a nice coin, with creamy, smooth luster. Why only a 62? >>
it starts off as a 64 for technical quality -1 for the bag mark on obv and -1 slightly below avg (for the series not the issue) luster.
It is interesting that out of the 700k original Mintage, our host recalls that 1,000 specimens overall remain and even less into the MS grade level
Great date!!
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And to follow up on Dan and others' comments, all of the 73 Trade Dollars, P, CC or S, are tough to find compared to their mintages relative to other date/mms. I am not sure why that is. I assume it is because they were melted at some point, but I am not sure why the 73s were more likely to be melted than other dates.
As for chopmarked examples, the 73-CC and 73-S are very difficult, but not impossible, to find chopped. The 73-P is nearly impossible.
Complete Set of Chopmarked Trade Dollars
Carson City Silver Dollars Complete 1870-1893http://www.pcgs.com/setregistry/showcase.aspx?sc=2722"
<< <i>Nice coin, Crypto!
And to follow up on Dan and others' comments, all of the 73 Trade Dollars, P, CC or S, are tough to find compared to their mintages relative to other date/mms. I am not sure why that is. I assume it is because they were melted at some point, but I am not sure why the 73s were more likely to be melted than other dates.
As for chopmarked examples, the 73-CC and 73-S are very difficult, but not impossible, to find chopped. The 73-P is nearly impossible. >>
The pops play out (number graded) that the 73cc is the most common (most likely due to the incentive to get key dates slabbed) but the rarest in UNC and there are more 73p in cir grades than 73s but there are more 73s in unc than the 73p. Also skewing the rarity perception is the 73p & 73cc are all but unknown chopped marked by there are a few 73s out there.
I think the fact that the rarity of the 73s being over looked really can be chalked up to:
1- being associated with the rest of the s mint coins
2- from the longest time there was enough UNCs to satiate collectors as not many people cared about cir coins so no one noticed they were not there
3- people compound the chop and unchopped pops even though there are really not interchangeable for collectors
MJ
Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......