1878-P trade dollar (yeah, right...)?

Discussion in 'US Coins Forum' started by -jeffB, May 11, 2013.

  1. C-B-D

    C-B-D Well-Known Member

    It's me! It's me! Good luck with it. We'll send our coins out in a couple weeks. Such a fascinating piece!
     
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  3. ksparrow

    ksparrow Coin Hoarder Supporter

    I agree, a coin that raises more questions than it answers. ((What was special about that Thanksgiving? When was it engraved? And why all the mistreatment since then? )) I think it's great that it won't be melted down, which may have happened if its current owner had not stumbled upon it.
     
  4. -jeffB

    -jeffB Greshams LEO Supporter

    Yeah, and it had interesting company. Like I said, I spend many, many hours scanning eBay in hopes that I'll find another lot like the one this came from. :)
     
  5. ksparrow

    ksparrow Coin Hoarder Supporter

    Good luck, look forward to your future cool finds!
     
  6. JPeace$

    JPeace$ Coinaholic

    Please update this thread once you hear back from PCGS on its authenticity/grade.
     
    rzage likes this.
  7. -jeffB

    -jeffB Greshams LEO Supporter

    Hey, if anybody's looking for an already-certified, problem-free example of this coin, one came up on eBay:

    1878 Trade Dollar Proof PCGS PR63

    It can be yours for $3765, which, if nothing else, certainly defines a ceiling for the value of mine. :rolleyes: Let's see, start from $3765, deduct some for the drop from 63 to 35 or so, some more for the hole, some more for the engraving... well, I hope I can at least get melt + the grading fee back out of it...
     
  8. C-B-D

    C-B-D Well-Known Member

    Someone will want it... it's eBay after all.
     
  9. -jeffB

    -jeffB Greshams LEO Supporter

    Okay -- drum roll, please, for C-B-D's images of the coin in its new retirement home:

    1878-trade-slabbed-obverse.JPG 1878-trade-slabbed-reverse.JPG

    I've never been less disappointed (or less surprised) to receive a details grade. :)
     
  10. Mainebill

    Mainebill Bethany Danielle

    Glad it came back real that was my opinion too
     
  11. Numismat

    Numismat World coin enthusiast

    Congrats on it being confirmed as a genuine proof :)
     
    Last edited: Jun 30, 2014
  12. rzage

    rzage What Goes Around Comes Around .

    Quite a few of us thought it genuine , and are happy it's preserved .
     
  13. C-B-D

    C-B-D Well-Known Member

    Love it! A rescued, long lost proof has been found!
     
  14. Lord Geoff

    Lord Geoff Active Member

    This is great!

    Seems to me most likely Buffington is the family name as opposed to a location name. I would think there would be more celebrations of the "Smith Thanksgiving" type than the "Palookaville Thanksgiving" type.
     
  15. Lord Geoff

    Lord Geoff Active Member

  16. ksparrow

    ksparrow Coin Hoarder Supporter

    Very happy it is genuine. It also drips with history.
     
    rzage likes this.
  17. d.t.menace

    d.t.menace Member

    Glad to hear of your positive results. Neat story.
     
  18. Treashunt

    Treashunt The Other Frank

    Congrats!

    Great find
     
  19. Treashunt

    Treashunt The Other Frank


    That is a silly statement.

    Check pop reports on any 1800's proofs and you'll see only a fraction of the total mintages listed.

    In fact, it was common to release in the wild proofs that did not sell.
     
    frostyluster, non_cents and rzage like this.
  20. ldhair

    ldhair Clean Supporter

    Great news. The history behind it has to be really cool.

    Looks like most thought it had a good chance at being real.
    At the same time that's not the normal here. It seems like folks here are really tough on Trade Dollars and start calling them fake a bit early. Trade dollars are tough because there have been fakes probably all the way back to the first year they were made.

    I always wanted to see some of the really early fakes but I guess it's almost impossible to point them out. Fun stuff.
     
    C-B-D likes this.
  21. Morgandude11

    Morgandude11 As long as it's Silver, I'm listening

    Glad it was real--that makes it an interesting coin. Since about 90% of the raw trade dollars are not real (not my percentage, but that of a major grading service), it is a very pleasant surprise. :)
     
    C-B-D likes this.
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