1896-S $1 MS (PCGS# 7244)

The June 2013 Baltimore Auction

  • Auctioneer:
    Stack's Bowers
  • Lot Number:
  • Grade:
  • Price:
Lot Description
1896-S Morgan Silver Dollar. MS-65 (NGC). Although 5,000,000 silver dollars were struck at the San Francisco mint in 1896, very few were saved at the time of issue, and many were likely sent to the furnace in 1918, as provided by the Pittman Act. There are precious few that survive in high mint state grades, in fact, NGC has only graded 15 in MS-65 and only five finer (these numbers do not account for the likelihood of resubmissions of the same coin trying for a higher grade). Lustrous and untoned on both sides, with well struck devices, this example has some minor marks that prevent a higher grade designation.
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