The 1901 Philadelphia Morgan dollar is a CLASSIC condition rarity. Despite a mintage of over 6.9 million pieces, certified Mint State examples between PCGS and NGC COMBINED number fewer than 1,000 from MS60 to MS66. Clearly the vast majority of this date must have been held in storage at the Treasury as backing for Silver Certificates, and melted down in 1918 in accordance with the Pittman Act. This is a Brilliant Uncirculated example, not a slider that just made it into a holder. A fantastic glossy luster radiates all over the surfaces of this generally untoned example. The grade is limited by some traces of contact scattered throughout, but none are distracting enough to warrant singular mention. The eye appeal is excellent for the assigned grade and clearly worthy of its CAC approval. PCGS 234, NGC 318, CAC 20. The last PCGS/CAC example was a VAM-5 Hot 50 variety, and sold in August 2020 for $9,000, which likely had a variety premium figured in to the bidding. Before that, one sold in March 2020 for $5,280. The CAC CPG value is $5,310. The values increase dramatically with each grade level higher, making this CAC approved MS61 an exceptional coin for the collector. Cert. Number 43659307 PCGS # 7272