Lot 1103
1898-S Morgan Dollar. PCGS graded MS-66. Lovely multifaceted toning on both sides. Unlike the 1898-O, the 1898-S is a real challenge that shows above the MS65 grade level. The rarity of the current issue stems from the fact it was distributed not to collectors in the early 1960s as with some other dates, but instead the San Francisco Mint disposed of most, if not all of its production during the early 20th century. They circulated. Few were saved for future numismatists. It is true that the Redfield Hoard had some bags of '98-S, but most of the Redfields were baggy. The origin of the present Gem 66 is unknown, but it has to be one of the more impressive ones extant. The surfaces radiate satiny brilliance under the color that accents the crisp strike. Both sides are smooth with a decided lack of abrasions. Pop 68; 3 finer, 2 in 67, 1 in 68 (PCGS # 7256) .
Estimated Value $4,500 - 5,000.
Ex: Mike Casper II Collection.
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