1895-O $1 MS (PCGS# 7236)

2012 April 18-22 US Coins & Platinum Night CSNS Signature Auction- Schaumburg #1169

  • Auctioneer:
    Heritage Auctions
  • Lot Number:
    5183
  • Grade:
    MS62
  • Price:
    $17,250.00
Lot Description
1895-O $1 MS62 PCGS. The recorded mintage for the 1895-O Morgan dollar was an anemic 450,000 pieces. Though most were stored away, perhaps 100,000 pieces were released into circulation at the time of issue. Coins continued to be released sporadically over the years, until the supply was gone. Apparently, there were no 1895-O coins left in storage by the time of the Treasury releases in the 1960s. Q. David Bowers has stated, "The rarity and importance of the 1895-O in Mint State cannot be overemphasized." The present coin has a better-than-average strike for this issue, with much detail discernible on Liberty's hair and the eagle's breast. The luster is subdued, as usually seen on this date. Mottled gray and lilac toning accents the fields, and handling marks are consistent with the grade. This offering is an important opportunity to acquire this historic coin in Mint State. Population: 47 in 62, 35 finer (3/12).
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