1893-S $1 MS (PCGS# 7226)

2004 September Long Beach Signature Sale #355

  • Auctioneer:
    Heritage Auctions
  • Lot Number:
    8777
  • Grade:
    MS62
  • Price:
    $110,400.00
Lot Description
1893-S $1 MS62 PCGS. The brief reduced mintage years for Morgan Dollars, from 1893 to 1895, are replete with issues from the four active mints that carry varying degrees of scarcity at the Uncirculated level. However, towering above the others and difficult at all grade levels is the 1893-S, a legendary issue that has been widely known to even the most casual coin collector for decades. Its value in circulated condition can be attributed to the immense popularity of the series, but any collector serious enough to consider an example in AU or better condition must not only have the means, but also the patience. Only a few dozen Mint State pieces are known to exist, and they are among the most prized Silver Dollars of any date and any type. Offered here is a shimmering Uncirculated '93-S that is essentially brilliant and has escaped from any meaningful abrasions. A few wispy slidemarks on the cheek of Liberty are not particularly detrimental to the appeal of this important Morgan Dollar, but do take several points away from its technical rating. Any opportunity to acquire a solid Mint State example of this rarity is an event of importance to the countless collectors of this widely saved series. Population: 6 in 62, 17 finer (8/04). From The Scottsville Collection of Morgan Dollars.
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