1894 $1 MS (PCGS# 7228)

2014 July 10 - 13 Summer FUN US Coins Signature Auction - Orlando #1207

  • Auctioneer:
    Heritage Auctions
  • Lot Number:
    4247
  • Grade:
    MS62
  • Price:
    $3,965.63
Lot Description
1894 $1 MS62 NGC. As a result of repealing the coining provisions of the Sherman Silver Purchase Act in 1893, Morgan dollar production fell to a paltry 110,000 coins in 1894, making pleasing Mint State survivors somewhat elusive, and Gem-quality pieces prohibitively rare. This piece displays soft, silvery-white luster and minimal abrasions for the grade. Some minor lightness of strike is seen on the eagle's talons and the hair above Liberty's ear, though the eye appeal is nonetheless pleasing.
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