1895 $1 PR(PCGS#7330)

August 2018 ANA U.S. Coins Auction Philadelphia, PA

拍卖行

Stack's Bowers

批号

1223

等级

PR67

价格

903,068

详细说明

Superb Gem Proof 1895 Morgan Dollar The King of the Morgan Dollars Just 1 Certified Finer by PCGS 1895 Morgan Silver Dollar. Proof-67 (PCGS). CAC. OGH. This is a magnificent opportunity for the Morgan dollar collector, not only as a representative of the most coveted issue in the series but also as one of the finest survivors of that issue. Undeniably original, the centers are dusted in a apricot patina and cradled by deeper violet and sapphire iridescence at the borders. These colors are backlit by considerable reflectivity that sparkles throughout the fields and glows under a light source. The devices contrast this flashy complexion with a heavily frosted texture and showcase untouched surfaces even atop the highest points. It is tied with just 4 other examples at the Proof-67 grade and only 1 coin ranks finer in this category at Proof-68. As the pinnacle if both the issue and the overall series, the desirability of this piece is undeniable. As the sole Proof-only issue in the popular Morgan silver dollar series of 1878 to 1921, the 1895 has long enjoyed near-legendary status. Early generations of collectors were puzzled by an entry in Mint records that showed a circulation strike delivery of 12,000 coins for this year, and many theories arose to explain why the only 1895-dated examples were of the 880-piece Proof issue. Some said the circulation strikes were never released and were subsequently melted as part of the 270,232,722 silver dollars destroyed under the terms of the 1918 Pittman Act. Others believed these coins were never struck at all and the 12,000-piece figure represented nothing more than a bookkeeping error on the part of Mint personnel. Modern numismatic scholarship, however, suggests that the 12,000-coin mintage reported for 1895 represents a bookkeeping adjustment by the Mint to account for a final delivery of 1894-dated silver dollars. In any event, every collector seeking to assemble complete a date and mint set of Morgan dollars must acquire a Proof for the 1895. Only the most advanced collectors, however, will recognize the opportunity offered in this example. Provenance: From the Anne Kate Collection. PCGS Population: 5; just 1 finer in Proof-68. PCGS# 7330. NGC ID: 27ZR. Click here for certification details from PCGS.