1889 $1 MS (PCGS# 7188)

2014 April 23 - 27 CSNS US Coin Signature Auction - Chicago #1204

  • Auctioneer:
    Heritage Auctions
  • Lot Number:
    5291
  • Grade:
    MS66
  • Price:
    $881.25
Lot Description
1889 $1 MS66 NGC. Millions of this issue were likely melted under terms of the Pittman Act, but it hardly made a dent in the record mintage of almost 22 million pieces. With the Mint operating full bore to produce as many dollars as possible, relatively few Gem-or-finer examples survive. This Premium Gem displays an understated elegance, perhaps from the vignette of golden toning at the margins that frames smooth, silver centers. A bold strike prevails on the devices. Remarkably, just 5 examples are graded numerically higher by the two services combined (3/14). From the M L Moser Collection, #1 NGC Morgan Dollar Registry Set.
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