1893-S $1 MS (PCGS# 7226)

The March 2012 Baltimore Auction

  • Auctioneer:
    Stack's/Bowers
  • Lot Number:
    4145
  • Grade:
    AU55
  • Price:
    $36,225.00
Lot Description
Brilliant white with enough luster in the fields to please the eye and an incredible condition rarity and rarest date of the entire Morgan silver dollar series. One must consider that in <em>all mint state grades </em>PCGS has records 34 grading events, with possible duplication in that tiny number. Unlike many other rare in Mint State but common in circulated coins--even in AU grades this date is prohibitively rare. Available for a price in EF and lower grades, but in AU-55 the 1893-S is truly a rare and desirable coin. Mintage of 100,000 pieces and all but a small fraction of these were melted. Survivors had enough years in commerce to wear down and those known today are eagerly sought after by date collectors. As the surfaces are fully brilliant, with a fair amount of luster remaining, this is a coin that would grace any Mint State collection of these famed pieces and not stand out in terms of wear or toning with a brilliant set. A few shallow scuffs and nicks are present, but few indeed, keeping the eye appeal high for the date collector. A glistening silver-white jewel that is certain to be one of the focal points in an advanced collection.
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