Legend Rare Coin Auctions is honored to offer this magnificent example of the KING OF MORGAN DOLLARS! FRESH and totally 100% original from an old time collection, making its first auction appearance in the modern era. Richly toned in shades of blue, gold, tangerine, and rose, which really pop in the light as the reflective mirrored fields are rotated. Clearly this GEM was lovingly cared for over the 120+ years before it was submitted for certification. This is a marvelous looking coin, worthy of a fantastic collection of Morgan dollars! While mint records show 12,000 circulation strikes were produced, in the last 126 years not a single example has ever turned up, and it is thought that if they were indeed struck, they were melted as part of the mass destruction of Morgan dollars held in storage per the requirements of the 1918 Pittman Act. All that is left for collectors is one of the 880 Proofs struck. The undisputed KEY to the series, the inclusion of an 1895 dollar in any Morgan dollar set, let alone a GEM, is the stuff of numismatic dreams for most collectors. Only 880 Proofs were struck. PCGS 16, NGC 31, CAC 5. No PCGS PR65 CAC has ever sold in auction. There are two records for NGC/CAC PR65s having sold, one in September 2018 for $87,000 and one in the 2014 FUN auction for over $100,000! The CAC CPG value is $91,100 and the Collectors Universe value is $82,500. Needless to say, this is a coin that will see extremely active bidding when it opens, and we would not be shocked if our estimates proved conservative when the hammer finally falls. Congratulations in advance to the winning bidder! Cert. Number 25616679 PCGS # 7330