Goldberg Coins and Collectibles



Sale 5

The Dr. Jon Kardatzke Coin Collection, Parts 2 and 3


Morgan Dollars
 
 
Lot Photo Description Realized
Lot 751
  1891-CC Morgan Dollars. A pair. EF-40. Two of these popular coins, one for your set, and another to trade., both in the same EF 40 grade. Lot of 2 coins.
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Realized
$144
Lot 752
  1891-O Morgan Dollar. MS-63. A fair number of tiny abrasions on satiny white surfaces. Hint of gold on edges. Importantly, this is a boldly struck example of a '91-O, which so often is seen somewhat softly impressed by the Mint.
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Realized
$242
Lot 753
  1891-S Morgan Dollar. MS-63 Prooflike. Lovely "dished cameo" effect on both sides, resulting from frosted devices set against mirrored fields.
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Realized
$63
Lot 754
  1892 Morgan Dollar. MS-60. A splendid coin that is graced with delicate gold toning around the periphery from residing in an album for years. One of the tough dates to find in nice condition.
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Realized
$190
Lot 755
  1892 Morgan Dollar. MS-60. Dipped a few times, therefore the luster is not complete, but this one has few marks and is nice looking.
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Realized
$98
Lot 756
  1891-CC Morgan Dollar. MS-63. Frosty white, a beauty! Hint of gold toning on edge. Only tiny abrasions. If you want a really nice, Choice example of this semi-key Carson City issue, check out this one!
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Realized
$1,208
Lot 757
  1892-CC Morgan Dollar. AU-53. Perfect for the date collector, the surfaces have light gold toning on both sides and remain very lustrous. Boldly impressed and rare in this grade. Full breast feathers on the eagle, and without the usual heavy bagmarks.
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Realized
$322
Lot 758
  1892-CC Morgan Dollar. EF-40. Lightly circulated, and now naturally toned and choice for the grade.
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Realized
$219
Lot 759
  1892-O Morgan Dollar. MS-62. A very flashy and handsomely original silvery white coin, with some edge toning in deep gold, but there are some album slide lines on the face. Nice strike for this issue.
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Realized
$196
Lot 760
  1892-O Morgan Dollar. MS-61. We're being conservative in our number grade because this piece, although lovely, is somewhat softly struck on Liberty's hair above the ear, as often seen on this issue.
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Realized
$253
Lot 761
  1892-O Morgan Dollar. MS-60. Frosty luster in the fields and mostly untoned. A touch weak at the centers.
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Realized
$75
Lot 762
  1892-O Morgan Dollar. MS-60. Light golden toning on both sides, a nice frosty coin. Minor weakness at the centers.
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Realized
$299
Lot 763
  1892-S Morgan Dollar. PCGS graded AU-58. Handsome, light golden magenta-blue iridescent toning covers slightly prooflike fields. Very few marks. About as nice as can be found in this grade. Or, "PQ" in the popular jargon.
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Realized
$5,520
Lot 764
  1893 Morgan Dollar. MS-63. A faint scuff on the cheek, one at the tip of the chin, and another in the field to the left of Liberty's face. But this is a special coin. Its luster is a truly lovely, smooth, stark white. Other than the abrasions noted, the surfaces are immaculate, with the look of an MS67 coin. Somebody should go crazy over this Morgan and stick up his hand until it's bought.
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Realized
$391
Lot 765
  1893 Morgan Dollar. AU-58. Minor hairlines from brief circulation, frosty luster and untoned. Scarce as a date, and always in demand by Morgan Dollar collectors.
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Realized
$196
Lot 766
  1893-CC Morgan Dollar. MS-63 Prooflike. An especially handsome and desirable specimen which appears to have been minted using the Proof dies. In fact, aside from its rims, it looks very much like a Proof, only it was coined at Carson City (or, if it is a Proof, at Philadelphia using a CC reverse die). Overall the strike is deep and all the devices, including lettering, stand out clearly against the semi-mirrored fields. But the rims are rounded and there are some tiny abrasions, the kind gotten from a coin having been in contact with others. One noticeable mark appears on the cheek below and in front of the ear. Liberty and the eagle are somewhat cameoed. The color is a lovely pale silvery gray with some golden hues, with the rims a bit darker. Lots of glitter here, on a key CC dollar. You decide what this extraordinary specimen is worth.
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Realized
$5,060
Lot 767
  1893-CC Morgan Dollar. AU-55. Some light rubbing lines in the fields, but all the look of a decent slider.
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Realized
$920
Lot 768
  1893-CC Morgan Dollar. VF-20. Silvery-white from a cleaning, but retoned today to a more natural color. One of the keys to the series, and seldom found in high grade. Forget the mintage on this date, most were melted and few are available for date collectors.
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Realized
$219
Lot 769
  1893-O Morgan Dollar. PCGS graded MS-64. With a mintage of just 300,000 pieces, the '93-O Morgan is a scarce coin in any grade. However, in Mint State-63 or higher, it becomes a somewhat elusive rarity within this popular series. In fact, PCGS reports a mere 5 pieces in MS65, and only 35 in MS64. Here's one of those. Its silvery "hard-white" luster has an undipped look to it, with a hint of gold iridescence. The abrasions are all tiny. Taken out of harsh light, the surfaces are vaguely reflective. If you're searching for a nice example of this Morgan rarity, examine this one and bid appropriately.
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Realized
$9,200
Lot 770
  1893-O Morgan Dollar. PCGS graded MS-62. Clashed dies, a hint of color, a small metal impurity at the tip of Liberty's neck, some small abrasions on the face, and a bit softly struck on the hair. Nonetheless this is a fairly choice, very brilliant example of this semi-key New Orleans dollar.
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Realized
$1,668
Lot 771
  1893-O Morgan Dollar. AU-55. Frosty in the fields with light tan color around the periphery. Always in demand as one of the key dates of the series, and important to every date collector. Although 300,000 were minted, a great many were melted under the 1918 Pittman Act which authorized melting of not over 350 million silver dollars, in the end 333,022,048 were melted, most of the silver was then sold to England a $1 per fine oz. and from there shipped to India. Hence, many dates are far more difficult to locate than mintages would indicate. Approximately one-half the Morgan Silver Dollars were melted from the total issued, and possibly 75% of the Peace Dollars were later melted.
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Realized
$920
Lot 772
  1893-O Morgan Dollar. VF-20. Lightly cleaned and starting to recover. Moderate handling marks and a scarce issue.
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Realized
$104
Lot 773
  1893-S Morgan Dollar. PCGS graded AU-55. Old-time amber-gold toning, mostly on the reverse, over steel-silver luster. Remarkably free from abrasions, showing just the slightest evidence of a gentle circulation back in the Gay Nineties--which were not so "gay" (meaning "happy" back then).

The 1890s was a decade of economic shrinkage, culminating in the Panic of 1893, the year this rare coin was made Out West. Wall Street had speculated in overseas investments, and the Panic was sparked by the dual failures of a railroad and a corporation which had been paying out fraudulent dividends. In the background, the Democrats in power had inflated the currency by valuing silver too high against the gold that backed our circulating paper money. When the gullible public got caught up in these shenanigans, the resulting panic decimated 172 state banks, 177 private banking companies, 47 S&Ls, and a variety of mortgage businesses. The bank panic created a massive drain on the U.S. Treasury's gold reserves, effectively (but of course not in fact) bankrupting the government. What followed was a liquidation of assets, hitting the New York banks worst of all. It indirectly caused silver and gold coin mintage for 1893 to be smaller than was customary, creating some wonderful rarities for today's collectors. The 1893-S Morgan dollar is one of the most-sought of these issues. This one "got loose" for a short time, adding in a way to its historical appeal.
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Realized
$11,500
Lot 774
  1894 Morgan Dollar. PCGS graded Proof 66. Always popular as a low-mintage Philly date, even though the Proof issue was normal at 972 coins. This beauty has a cameoed portrait of Liberty as well as the eagle motif. Pale shades of lilac and gold enhance the eye appeal but do not detract from the glitter of the mirrors. Lovely indeed, technically Superb, and one of the best to be graded and slabbed.
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Realized
$5,060
Lot 775
  1894 Morgan Dollar. PCGS graded Proof 64. 972 Proofs minted this year, following the disastrous Panic of '93 (see our commentary on a previous lot). This wonderful example was stored for many years in an album, and today it shows the "album color" gained by its association with its storage. The surfaces are glittering mirrors coated by a beautiful, russet gold and light blue iridescence which is delicate enough to be seen through. Some wispy hairlines exist, but these are so faint we feel this virtual Gem Proof is worthy of a first-rate collection.
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Realized
$2,185
Lot 776
  1894 Morgan Dollar. AU-53. Subdued luster and mostly untoned, with just a whisper of color starting to form on both sides. Mintage of only 110,000 for circulation, most of which were melted in 1918 under the Pittman Act. This one would fit nicely in a mint state set.
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Realized
$518
Lot 777
  1894 Morgan Dollar. Proof 50. A proof which has been mishandled by being spent and cleaned. The color is now a dull yellow with smoky gray tones. Still a scarce date, and only 972 struck in Proof. Inspection recommended.
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Realized
$575
Lot 778
  1894 Morgan Dollar. AU-50. Frosty and choice for the grade, very little wear and one of the expensive rarities that's hard to find without problems. Light toning just starting to form.
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Realized
$506
Lot 779
  1894-O Morgan Dollar. PCGS graded MS-64 Premium Quality. A beautiful hard-white dollar with very few marks. Usual strike on the hair above Liberty's ear (actually this "softness" was mostly caused by the die used at New Orleans).
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Realized
$4,715
Lot 780
  1894-O Morgan Dollar. AU-50. Light hairlines in the fields and on Liberty's cheek, possibly from circulation. Toned around the extreme edge.
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Realized
$98
Lot 781
  1894-O Morgan Dollar. Sharpness of EF-40 but cleaned. A bit too bright, only light wear though. Scarce as a date.
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Realized
$14
Lot 782
  1894-S Morgan Dollar. MS-64 Semi-Prooflike. Hard-white luster with a hint of golden iridescent color around the edge.
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Realized
$891
Lot 783
  1895 Morgan Dollar. PCGS graded Proof 58. Nobody's ever found one of the reputed twelve thousand business strikes (evidently an error in the Mint's ledger), so collectors of Morgan dollars need to buy one of the meager 880 Proofs struck, in order to possess an 1895 dollar minted at Philadelphia. Lightly hairlined. Bright "gray steel" color with the letters and devices handsomely outlined. A nice coin for the grade, worth a good bid!
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Realized
$16,100
Lot 784
  1895-O Morgan Dollar. PCGS graded AU-53. A choice coin for the grade, both sides have splendid gold to tan toning and mint-fresh luster is quite present beneath. Certainly a coin with the appearance of mint state, at a tenth the cost! As with many of the coins offered in this broad collectors collection, there is something for everyone. An opportunity to purchase a really rare date in very choice About Uncirculated condition.
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Realized
$1,380
Lot 785
  1895-O Morgan Dollar. EF-40. Untoned and well struck for the date. Scarce and always in demand by collectors. Light handling marks from circulation.
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Realized
$604
Lot 786
  1895-S Morgan Dollar. MS-62. A frosted, original white example of this Morgan dollar rarity. We're tempted to call it Choice, and it may end up in an MS63 case at some point, but the tiny abrasions seem enough to be a little conservative here. Only 400,000 struck, partly as a lingering effect of the Panic of 1893. Rare since the day it was made!
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Realized
$3,220
Lot 787
  1895-S Morgan Dollar. VF-25. Lightly cleaned some time ago, and now evenly toned. Always in demand as a rare date.
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Realized
$173
Lot 788
  1896 Morgan Dollar. MS-65. Superb surfaces and lovely silvery rose color. A rim nick at 11 o'clock reverse keeps it from a higher grade.
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Unsold
Lot 789
  1896 Morgan Dollar. Mint Error. MS-61. The upper right reverse was struck through something which left a long straight indentation from the rim above OF AME, affecting the outer three feather tips of the eagle's wing. The obverse is weakly struck on the opposing stars. Morgan silver dollar errors are rare, and always popular with collectors.
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Realized
$14
Lot 790
  1896 Morgan Dollars. A partial roll of 17. About Uncirculated to Brilliant Uncirculated. A partial roll of 17 coins. Some have light toning, others are bright and frosty. A common date, but fun to break up and make a profit on. Lot of 17 pieces.
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Realized
$242
Lot 791
  1896-O Morgan Dollar. MS-61. Light scuffs and some bagmarks on the obverse, but the silver is a pleasing original pearl white in color. A decent BU!
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Realized
$719
Lot 792
  1896-S Morgan Dollar. MS-63. Decidedly a Choice dollar with nice white luster and a minimum of marks. Very desirable as a rarity in this widely collected series.
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Realized
$978
Lot 793
  1897 and 1897-S Morgan Dollars. Both grade Mint State 60 to 63. Each has nice surfaces and delicate peripheral toning. Lot of 2 coins.
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Realized
$69
Lot 794
  1897-O Morgan Dollar. AU-58. Lightly toned, and another coin that "just misses" mint state.
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Realized
$207
Lot 795
  1897-O Morgan Dollar. AU-58. Milky white, from being dipped a few times, and showing just a hint of wear. The marks are all small. A long pin scratch in front of Liberty's face is nearly invisible.
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Realized
$173
Lot 796
  1897-O Morgan Dollar. AU-55. Frosty and original, with very little wear, even on the high points.
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Realized
$121
Lot 797
  1897-S Morgan Dollar. MS-61. Nice luster and clean surfaces except for some light lines on the obverse and an old cut on the reverse at 3 o'clock near the border.
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Realized
$35
Lot 798
  1898-O to 1904-O Morgan Dollars. This group grades Mint State 60 or better and most are toned. Perfect for the date collector. Lot of 8 coins.
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Realized
$184
Lot 799
  1898-S Morgan Dollar. MS-60. Brilliant and better looking than it sounds.
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Realized
$132
Lot 800
  1899-O to 1904-O Morgan Dollars. All MS 60 or better. Lot of 6 coins.
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Realized
$161



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