1881 $1 MS (PCGS# 7124)

2004 November Palm Beach, FL Signature Sale #358

  • Auctioneer:
    Heritage Auctions
  • Lot Number:
    9382
  • Grade:
    MS67
  • Price:
    $11,500.00
Lot Description
1881 $1 MS67 NGC. Since this issue is readily available in lower Mint State grades, it seems likely that the Philadelphia Mint stored the vast majority of 1881 Silver Dollars at the time of production. Mint employees undoubtedly moved these bags at various times while taking inventory, with the result that most Mint State 1881 Dollars on today's market are moderately to heavily abraded. This spectacular Gem is one of only four of the finest certified examples currently available to Morgan Dollar collectors (9/04). We can see no mentionable abrasions, and the rich endowment of mint frost cartwheels boldly around both sides in the absence of toning. One small, dark brown toning spot is mentioned at the center of the obverse, this being the sole identifier of this exceptional coin. Pinpoint striking definition is noted throughout.
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