1892-S $1 MS (PCGS# 7218)

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

  • Auctioneer:
    Heritage Auctions
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Lot Description
1892-S $1 -- Cleaning -- PCGS Genuine. Unc. Details. The San Francisco mint produced just 1.2 million Morgan dollars in 1892, and it is believed that most of that total was paid out early into circulation; by the 1962 to 1964 Treasury releases, no bags of Mint State examples remained in government vaults. The rarity of Uncirculated pieces was not fully recognized, however, until years afterward, when collector demand suddenly increased at a rapid pace. This unworn representative exhibits a sharp strike and minimally abraded surfaces. Both sides show signs of old cleaning, but have since retoned a pale golden hue. A pleasing example of this sought-after issue.
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