1894 $1 MS (PCGS# 7228)

2001 FUN Signature Sale #244

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    Heritage Auctions
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Lot Description
1894 $1 MS 66 PCGS. Morgan dollar production continued to fall at the Philadelphia Mint through 1894, and only 110,000 business strikes emerged from the presses this year. Although several bags of 1894 dollars were released from federal holding in the 1950s and 1960s, this issue's limited original mintage guarantees its status as the rarest P-mint Morgan dollar in Mint State after the 1901. The strike on the obverse of this Gem is above average, yet not bold, but the reverse is considerably sharper over the eagle's breast feathers. Both sides are fully satiny with a modest glow in the fields. Delicate silver-gray iridescence is noted throughout, and the surfaces are free of even the most trivial distraction. This coin shares the MS 66 grade level with only one other PCGS specimen, and neither service reports a single coin finer (7/00). From the Gregg Bingham NFL Collection.
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