1891-S $1, DMPL MS(PCGS#97211)

March 2018 Baltimore U.S. Coins Auction

拍卖行

Stack's Bowers

批号

2238

等级

MS65DMPL

价格

70,296

详细说明

Remarkable Strike and Condition Rarity 1891-S Dollar 1891-S Morgan Silver Dollar. MS-65 DMPL (PCGS). This is a bright and untoned Gem that belongs in the finest collection of Prooflike Morgan dollars. Fully impressed with razor sharp definition to even the most intricate design elements, the devices also possess a soft satin texture that contrasts nicely with reflective brilliance in the fields. Both the quality of strike and the level of surface preservation are outstanding for a survivor of this otherwise readily obtainable issue. The San Francisco Mint produced 5,296,000 silver dollars in 1891, a respectable total by the standards of the Morgan series, especially for an issue from the 1890s. Quantities of examples dribbled out of storage in the West Coast mint during the earliest decades of the 20th century, followed by a significant releases in the early 1940s. Few coins emerged thereafter, and there is no record of the 1891-S being represented in quantity during the Treasury Department releases of 1962 to 1964. The estate of LaVere Redfield did contain at least 5,000 examples, the quality almost universally poor due to the coins displaying numerous bagmarks. Thanks to the distributions of the 1940s and the Redfield Hoard, the 1891-S is readily available in lower Mint State grades. Gems are elusive, however, and 95% of the DMPL examples that have been certified by PCGS and NGC grade no finer than MS-64. Here, then, is a true condition rarity that is sure to see spirited bidding at auction. PCGS Population: 3; 2 finer in this category (both MS-65+ DMPL). PCGS# 97211. NGC ID: 255K. Click here for certification details from PCGS.