Press release from Numismatic Guaranty Corporation:
Numismatic Guaranty Corporation has certified an extremely rare
Great Britain 1897-B Gold Trade Dollar. Graded NGC Proof-61, it is one
of only a handful of examples believed to exist and is the only
specimen certified by NGC.
The prominent United Kingdom auction house Baldwin’s will offer this
coin as lot 1068 in its 58th Hong Kong Auction held April 2.
“Baldwin’s chose to use NGC because of their international
reputation for professionalism,” says Seth Freeman, Director, A. H.
Baldwin & Sons Ltd. “We were extremely pleased with the quality of
the service we received and the speed of turnaround; this is
especially important for our auction business where deadlines need to
be adhered to. We will certainly be using NGC again.”
British Trade Dollars were issued in silver from 1895 to 1935 for
trade in East Asia. The obverse depicts an allegorical figure,
Britannia, while the reverse features the denomination—“One Dollar”—in
Chinese and Malay along with an ornamental design.
They were struck primarily at the mint in Bombay, India (identified
by the “B” mintmark), but three issues were struck in Calcutta, India
(“C” mintmark), and two issues were minted in London, England (no mintmark).
Extremely limited numbers of gold Trade Dollars dated 1895 through
1902 were struck by the Bombay Mint. Although no precise mintage
figures exist for these gold presentation pieces, it is thought that
fewer than 10 examples of each date have survived.
“This is the first 1897-dated British Gold Trade Dollar that we have
seen so it was very exciting to have the opportunity to grade it,”
says Jay Turner, NGC Finalizer. “It is an impressive example of an
interesting and elusive issue.”
For more information on this 1897-B British Gold Trade dollar, NGC
Proof-61, and to bid, visit the Baldwin’s website.
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