1884-S $1 MS (PCGS# 7156)

2014 January 8 - 12 FUN US Coin Signature Auction - Orlando #1201

  • Auctioneer:
    Heritage Auctions
  • Lot Number:
    5751
  • Grade:
    MS62
  • Price:
    $10,575.00
Lot Description
1884-S $1 MS62 NGC. The 1884-S Morgan dollar saw a mintage of 3.2 million pieces. Unlike most other contemporary issues where large quantities were bagged and relegated to storage until the great Treasury releases of the 1960s, most 1884-S Morgans went into circulation in the 19th century. Others were likely melted under terms of the 1918 Pittman Act. The 1884-S is therefore very difficult to locate in Mint State grades, all levels of which are considered keys in the series. Gorgeously toned, this MS62 example displays largely yellow and gold centers, with areas of orange, red, and green-blue at the outer edges. Scattered marks are present, accounting for the grade, but they are not as readily apparent due to the rich toning. From the collection of Donald E. Bently, sold for the benefit of the Bently Foundation.
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