1898-O $1, DMPL MS(PCGS#97255)

1898-O $1, DMPL MS (PCGS#97255)

June 2018 Baltimore U.S. Coins Auction

详细说明: 1898-O Morgan Silver Dollar. MS-66 DPL (NGC). A snowy and brilliant example with just the faintest golden tinge at the borders. The fields are icy and deep, markedly contrasting the richly frosted design elements. Untroubled by blemishes and attractive in-hand. NGC has certified just 11 coins at the MS-66 DPL grade and only 2 finer in MS-67 DPL. The history of this issue is truly fascinating, for up to the early 1960s the 1898-O vied with the 1903-O and 1904-O as the rarest New Orleans Mint Morgan dollar in Mint State. Unbeknown to collectors of earlier generations, a large percentage of the 4,440,000 coins struck was tucked away deep in the vaults of the Philadelphia Mint, to where millions of New Orleans Mint Morgan dollars had been shipped in 1929. During the 1940s and 1950s only a few bags of this issue came out of storage through the Treasury Department in Washington, D.C., and most of those coins found their way into circulation. Beginning in October 1962, however, the rarity status of the 1898-O changed dramatically as hundreds, if not thousands of original bags came out of hiding in the Philadelphia Mint. The issue is now widely available in most Mint State grades, though heavily mirrored Gems like the present example are incredibly elusive. PCGS# 97255. NGC ID: 4T2G. Click here for certification details from NGC.