1896-S $1 MS(PCGS#7244)

1896-S $1 MS (PCGS#7244)

The Regency Auction 56

详细说明: A VERY RARE date in this lofty state of preservation, there are only a handful graded higher at PCGS. Despite a mintage of 5 million, no government hoards ever surfaced. It is quite likely that the majority of the mintage was stored in Treasury Department vaults as backing to circulating Silver Certificates and were melted under the auspices of the 1918 Pittman Act. The precious few coins in Mint State grades become fewer still in GEM grade. Incredible silver luster swirls boldly on both sides, especially on the obverse, highlighting PQ GEM surfaces. The fields have a rich satiny brilliance and cartwheel glow that accents a frosty texture on the devices. The reverse is lightly toned with a dappled champagne and some splashes of coppery-gold. A tiny planchet flaw, as made is noted near the arrowheads and this is the only "flaw" worthy of mention on either side. The eye appeal is very pleasing! PCGS 9, NGC 1. The last one to sell was the CAC-approved example we sold back in 2016. The current PCGS Price Guide value is listed at $27,500. There are only five examples graded higher. It has been over a decade since any PCGS MS66 has sold in auction, and today would likely sell in the $75,000-$85,000 range; the finest graded is an incredible MS69 that brought $720,000 two years ago. For the high ranking Registry Set collector who does not want to break the bank, this is an ideal GEM for their set. Good luck. Cert. Number 45540806 PCGS # 7244