1896-S $1 MS (PCGS# 7244)

FUN05 Platinum Night

  • Auctioneer:
    Heritage Auctions
  • Lot Number:
    30342
  • Grade:
    MS66
  • Price:
    $34,500.00
Lot Description
1896-S $1 MS66 NGC. Heavy circulation and widespread melting seem to explain the dichotomy that characterizes the 1896-S Morgan Dollar. Worn examples are easily obtainable through the VF grade level, but XF and AU representatives are scarce. In Mint State, this issue becomes a rarity, and the certified population drops off rapidly as one approaches the Gem Mint State threshold. However, as an MS66 example, this coin aspires to the uppermost echelon. This untoned specimen is expectantly abrasion-free for the grade. The luster is bright and frosty, and the strike is well above average by the standards of the date and series. An interesting area of satiny luster is seen on Liberty's cheek. With impressive technical quality and eye appeal for this often aesthetically challenged issue, there is no doubt in our minds that this coin will elicit significant bidder competition. Population: 4 in 66, 1 finer (12/04). From The Dr. Hoffnagle Collection of Morgan Dollars.
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