1893-O $1 MS(PCGS#7224)

August 2020 U.S. Coins Auction

拍卖行

Stack's Bowers

批号

1238

等级

MS64

价格

66,692

详细说明

Scarce Near-Gem 1893-O Morgan Dollar 1893-O Morgan Silver Dollar. MS-64 (NGC). Largely brilliant and pearlescent, the obverse is accented by subtle golden shades while deeper honey toning drifts across the reverse. Satiny and reflective in the fields but richly frosted across the design elements. The surfaces are handsomely smooth the assigned grade, rivaling a full Gem designation in many respects. Only 7 have been graded finer by NGC. At just 300,000 coins struck the 1893-O is the lowest mintage New Orleans Mint Morgan dollar. Apart from limited releases from the Cash Room of the Treasury Department Building from 1948 through 1955, this issue has never entered numismatic channels in quantity. By the late 1950s, in fact, the scarcity of the 1893-O in Mint State was already an established fast in the rare coin market, which conclusion was reinforced by the absence of this issue in the Treasury Department releases of 1962 to 1964. Poorly produced and preserved, as an issue, the collector who is fortunate enough to locate an Uncirculated example in today's market is apt to be viewing an aesthetically unappealing coin in the MS-60 to MS-63 range. With sharply struck Gems all but unknown, the few well struck, lustrous and overall smooth MS-64s known to PCGS and NGC represent the finest realistically obtainable for this issue as far as most Morgan dollar enthusiasts are concerned. This is just such a coin, and it is sure to see spirited bidding. NGC Census: 37; 7 finer. PCGS# 7224. NGC ID: 255T. Click here for certification details from NGC.