1884-S $1 MS (PCGS# 7156)

2010 December Houston Signature US Coin Auction #1147

  • Auctioneer:
    Heritage Auctions
  • Lot Number:
    3915
  • Grade:
    MS63
  • Price:
    $24,239.00
Lot Description
1884-S $1 MS63 NGC. Something unusual occurred in San Francisco in 1884: almost the entire mintage of 3.2 million silver dollars produced in that mint were dropped into circulation. With most Morgan dollar issues, large quantities of the original production run were bagged after minting and relegated to storage, many not seeing the light of day again until 1962-64. As a result, very few 1884-S dollars were set aside in Uncirculated condition and it is one of the "Big 5" Morgan dollars for the advanced collector. This is a shimmering, lustrous example that has lovely mint frost over each side. The devices are sharply defined, and the grade is derived from a milling mark that crosses Liberty's jawline and throat and a scrape between the eagle's head and WE in the motto above. These are certainly minor flaws on a coin that all too often seems to come "struck in AU." Census: 42 in 63, 14 finer (10/10).
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