1896-O $1 MS (PCGS#7242)
November 2020 U.S. Coins Auction
- 拍卖行
- Stack's Bowers
- 批号
- 6370
- 等级
- MS66
- 价格
- 3,462,164
- 详细说明
- Phenomenal Premium Gem Mint State 1896-O Dollar
The Jack Lee II-Larry H. Miller Specimen
1896-O Morgan Silver Dollar. MS-66 (PCGS). CAC.
Here is an outstanding example of this challenging New Orleans Mint issue. The strike is superior for an 1896-O dollar, with bold to sharp definition to the hair curls over Liberty's ear and the eagle's breast feathers.The luster is also outstanding with a lovely, frosty texture that is as nice as the day the coin emerged from the dies. Brilliant apart from the faintest blush of champagne-gold iridescence, this gorgeous coin will be a highlight in any Morgan dollar set.
With a mintage of nearly 5 million pieces, many of which were released into commercial channels beginning in the late 19th century, examples of the 1896-O up through Choice About Uncirculated can be obtained with minimal effort and expenditure. In spite of the liberal production figure, however, relatively few pieces were retained in Treasury vaults after the mass meltings of the World War One era. Most survivors came out of hiding in the 1950s and early 1960s, but the quantity was small by Morgan dollar standards. Additionally, the majority of examples from government distributions were heavily abraded, accounting for the preponderance of MS-61 and MS-62 grades among certified coins. Choice Mint State pieces are relatively elusive, with true Gems remaining virtually unobtainable. The present MS-66 is one of the very finest known, tied for finest graded at PCGS and earning CAC approval. Its desirability is enhanced by an impressive provenance to the Jack Lee Collection.
Provenance: From the Larry H. Miller Collection. Earlier ex Jack Lee II Collection; Heritage's sale of the Jack Lee III Collection, November 2005 Dallas, TX Signature Auction, lot 2327
PCGS Population: 2; 0 finer in this category. There are no PL or DMPL examples certified finer than MS-62 at this service.
CAC Population: 1; 0.
PCGS# 7242. NGC ID: 2563.
Click here for certification details from PCGS.
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