1891-O $1 MS(PCGS#7208)

The Regency Auction 31

拍卖行

Legend Rare Coin Auctions

批号

350

等级

MS66

价格

727,300

详细说明

Morgan dollar collectors take notice, Legend Rare Coin Auctions is honored to offer the SINGLE FINEST PCGS-graded 1891-O dollar. Exceptionally well struck for the date and boasting a bold, swirling mint luster that rolls along GEM quality surfaces. This is a remarkable survivor of the mintage of nearly 8 million pieces. The luster is intense and blinding on both sides. Blast white silver surfaces are totally untoned and scream with strong, original blinding brilliance. The sharply struck devices are fully frosted and really do stand out. This date has the distinction of being authorized by three different acts of Congress, and received bullion to strike these coins by the Bland Allison Act (1878), the Sherman Silver Purchase Act (1890), and the Trade Dollar Recoinage Act (1891). All told, the New Orleans mint churned out 7,954,529 Morgan dollars. Very little effort was made to ensure quality in striking, as the mint's task was to produce as many dollars as possible. As such, the 1891-O is noted as having really weak strikes, among the poorest quality dates in the entire series. This sharply struck and highly lustrous PQ GEM is the FINEST KNOWN to PCGS and sits alone as the POP TOP for the date. PCGS 1, NGC 3. If you are building the #1 set, you need this coin. The Coronet Collection, the all time #1 Morgan Dollar set, a hall of fame collection on the PCGS Registry that we sold in 2015 only had a 65+. The current Collector's Universe value is listed at $100,000 and as we have seen in recent sales of Morgan dollars, when truly spectacular examples appear in auction, they bring extremely strong prices. We anticipate a WORLD RECORD price for this MONSTER 1891-O dollar! Congratulations to the winning bidder, you have just elevated your set into a level unobtained before! Cert. Number 36577404 PCGS # 7208