1898-S $1 MS (PCGS# 7256)

PN Silver Dollar Session

  • Auctioneer:
    Heritage Auctions
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Lot Description
1898-S $1 MS68 PCGS. Ex: Jack Lee 2. Like the 1897-S Morgan, the 1898-S is relatively easy to find in all Mint State grades through Gem MS65. Even those that grade MS66 are rather plentiful. However, Superb Gem examples are extremely hard to find. Many surviving examples of this issue have moderate to heavy abrasions, and they are often quite softly struck. Quite a bit of searching is necessary to find a Gem Mint State piece that is also sharply struck. So here is a candidate for careful scrutiny. Dave Bowers writes: "It will pay you to be picky when buying one of this date." Alternatively, the fastidious connoisseur can simply outbid the competition at the present sale and acquire this amazing MS68 coin, the only one that PCGS has certified with none finer. Prior to the present 2009 FUN sale, dating back to the beginning of our archives in 1993, we have handled one MS67 PCGS example of this date, with no others finer than MS66. The price record for this issue seems to be $13,800 for an MS65 DMPL piece that we sold three years ago at the 2006 FUN auction. We expect to see a new record when this piece crosses the auction block. This sensational example has fully brilliant silver surfaces and faint traces of lilac toning. Both sides have fully reflective fields that create attractive contrast, and possibly deserving a prooflike designation. Although shy of a full strike, the existing design definition is far finer than normally encountered. Easily the quality that was once called "semi-prooflike." From The Sanderson Family Collection. See: Video Lot Description
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