1888 $1, DM MS (PCGS# 97183)

2011 April Rosemont CSNS Signature & Platinum Night US Coin Auction #1154

  • Auctioneer:
    Heritage Auctions
  • Lot Number:
    5726
  • Grade:
    MS67
  • Price:
    $9,200.00
Lot Description
1888 $1 MS67 Deep Mirror Prooflike NGC. Ex: Binion Collection. This razor-sharp Superb Gem has flashy fields and only a hint of golden patina. Exceptionally devoid of marks, especially on the all-important cheek. The Binion pedigree is interesting. Gangster Benny Binion opened the Horseshoe Casino in Las Vegas in 1951, and it was inherited by his son, Ted Binion, who was murdered by the man he hired to build an underground vault for his silver dollar hoard. The 1888 is plentiful in Uncirculated condition, but is extremely rare at the MS67 level with deeply mirrored fields. In fact, NGC and PCGS combined have graded only four such pieces with none finer (3/11).
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