1892-S $1 MS (PCGS# 7218)

The March 2012 Baltimore Auction

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Lot Description
1892-S Morgan Silver Dollar. AU-58 (PCGS). Brilliant surfaces are near fully lustrous with a satin to softly frosted texture to the finish. Minimally worn as well, the strike remains sharp to complete in virtually all areas. None of the scattered abrasions are significant for a lightly circulated survivor of this conditionally challenging key date Morgan dollar issue from the San Francisco Mint. Despite a mintage of 1.2 million pieces, the 1892-S Morgan dollar becomes a serious key date at Choice AU, as here, and an important rarity within the series in MS-60 or finer. Most of the mintage for the date was eaten up by commercial routines; well-circulated examples are the norm for the date, while anything even remotely approaching Mint State is an immediate drawing card for savvy Morgan dollar specialists. Choice for the grade with a touch of prooflike reflectivity in the fields.
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