1891-O $1 MS(PCGS#7208)

Spring 2023 U.S. Coins Auction

拍卖行

Stack's Bowers

批号

3160

等级

MS66

价格

656,796

详细说明

Beautifully Toned Premium Gem 1891-O Dollar Extraordinary Condition Rarity 1891-O Morgan Silver Dollar. MS-66 (PCGS). A strike and condition par excellence for this extremely challenging New Orleans Mint Morgan dollar issue. Crisply impressed, we note sharp to full definition that even extends to the troublesome central high points. Both sides are richly toned, the obverse a bit more vividly so than the reverse, and their surfaces are equally well preserved and approach numismatic perfection. Highly lustrous, as well, with a smooth satin texture. One of the most interesting Morgan dollars from the standpoint of coinage history, the 1891-O is the only issue in this series struck under three different authorizations: the Bland-Allison Act of 1878, the Sherman Silver Purchase Act of 1890, and the Trade Dollar Recoinage Act of 1891. The New Orleans Mint used bullion supplied by all three of these pieces of legislation to strike 7,954,529 coins. As a whole the coiners at the Louisiana branch mint did a very poor job with this issue, the typical example so bluntly struck over the central high points as to be aesthetically unappealing. Indeed, the 1891-O is a strong contender for the title of poorest struck Morgan dollar, Q. David Bowers (1993) stating that, "Many are nearly as flat as the proverbial pancake." Due to this feature the 1891-O is often overlooked in today's market, the issue holding little appeal for type purposes and considered somewhat of a necessary evil by date collectors. Most numismatists in the latter category opt for a lustrous and overall smooth MS-64, accepting a more or less soft strike as par for the course. Since an above average to full strike is an important requirement at the Gem grade level, PCGS and NGC have certified only a handful of 1891-O dollars in MS-65 and MS-65+. The present example, with exceptionally full detail and outstanding surface preservation, is one of only two MS-66s certified by PCGS. It is a breathtakingly beautiful coin that would serve as a focal point in the finest Morgan dollar cabinet. PCGS Population: 2; 0 finer. PCGS# 7208. NGC ID: 255J. Click here for certification details from PCGS. Image with the PCGS TrueView logo is obtained from and is subject to a license agreement with Collectors Universe, Inc. and its divisions PCGS and PSA.