1896-O $1 MS(PCGS#7242)

1896-O $1 MS (PCGS#7242)

The Regency Auction 35

详细说明: The Morgan dollar series, as ubiquitous as a type as it may be, contains some major condition rarities; dates that are common in low grade, but are VERY RARE in Mint State. Among these Mint State stoppers is the 1896-O, which despite a 4.9 million mintage, fewer than three bags worth have thus far been graded in ALL Mint State grades between PCGS and NGC COMBINED! Clearly, the majority either disappeared into circulation, or into the furnace after the passage of the Pittman Act in 1918. This CHOICE example has lovely original toning on both sides, suggestive of long term album or envelope storage in some old time collection. The obverse center is a delicate peach-gold, which deepens to light teal and dappled gold. The reverse is haloed by a subtle, narrow band of rainbow toning. For the date, the devices are very well struck up, with nearly complete definition over Liberty's ear. Sure, there are the grade limiting traces of contact, most obscured by the toning, thus not affecting the excellent eye appeal. PCGS 28, NGC 3. VERY RARE any finer. This is the highest grade that most collectors will be able to afford, in MS64, the value is well into the $30,000+ range. By comparison, this MS63+ has a Collectors Universe value of $10,000 and in the last four years, just three other examples have sold in auction, bringing between $7,800 and $9,106. We think this one has a strong shot at bringing a strong price. Good luck! Cert. Number 38261722 PCGS # 007242