1892-S $1 MS (PCGS# 7218)

The November 2011 Baltimore Auction

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Lot Description
1892-S Morgan Silver Dollar. MS-62 (PCGS). Largely brilliant and boldly lustrous with a whisper of pale golden toning at the rims. A great scarcity in AU, and downright rare in Mint State grades. Despite a mintage of&nbsp;1.2 million pieces, very few were evidently saved from the ravages of commerce; an EF example can be had for a few hundred dollars, but from AU up, the rarity increases as does the cost of acquisition. Even in ""just"" MS-62, as here, only&nbsp;a hefty bid will obtain an example. The present example is choice for the grade with no serious marks at the focal points; for instance, Liberty's cheek is remarkably ""clean"" and free of abrasions. A nice opportunity for a collector ready to take his or her Morgan dollar set to the next level.<br /> <br /> <strong>Numismatic Reflections by Q. David Bowers</strong><br /> I can readily imagine that this coin in Mint State is one of the top half dozen you still lack for your collection, if you have been specializing in the series. The present piece is quite attractive within the assigned grade and no doubt will see spirited competition, deservedly so.
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