Lot 1869
1921 Morgan Dollar. Zerbe. PCGS graded Specimen 64 PQ. Well struck with light toning on both sides. Nice reflective surfaces. Has a few light hairlines and contact on the face, but razor-sharp as these scarce so-called "Zerbe Proofs" always tend to be, with just outstanding detail on Liberty's hair, her cap, the vegetable matter in her crown of cereals; for its part, the eagle was given a full, firm blow by the dies, thus imparting every element in microscopic detail. Always a popular item with Morgan Dollar Proof collectors. Auction appearances are widely spaced and only a few are sold each year. Pop 23; 21 finer (PCGS # 7341) .
This is perhaps the most confusing issue in the entire Proof Morgan Dollar series. The instigator of the 1921 Zerbe Proofs is one Farran Zerbe, perhaps the most influential member of the American Numismatic Association at that time. Zerbe had been requesting the release of the new Peace Dollar, but the Mint was unable to make this happen until the end of 1921 due to difficulties in making dies adequate to the task. In order to mollify Zerbe and his group, the Philadelphia Mint struck an unknown number of presentation Silver Dollars using the refined Morgan design of 1921. Estimates made vary, with Wayne Miller stating that an estimate of 20-200 pieces is among the most prevalent in numismatic circles.
Estimated Value $6,000 - 6,500.
The Cypress Estate.
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| Realized $4,830 |
