How many millions of dollars will it take for a buyer to walk away on Jan. 11, 2019, with an 1885 Trade dollar that will highlight Heritage Auctions’ Florida United Numismatists convention sale?
The firm notes that this PR66 coin had sold in a private-treaty transaction in 2006 for $3.3 million.
There are only five examples of this rarity known to collectors. Records are non-existant, but Heritage speculates it was probably struck between January and June 1885 before a crackdown occurred at the Mint on sales of patterns and restrikes.
No one knows whether this coin was struck legitimately or clandestinely. It is as rare as a 1913 Liberty Head nickel and as mysterious. It has a stellar pedigree, with previous owners including Louis E. Eliasberg Sr., the Baltimore banker who is the only person ever to have assembled a complete collection of U.S. coins.
Other highlights include Part I of The Alan V. Weinberg Collection.
For additional information, visit www.HA.com.
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