Lot 2691
1901. NGC graded AU-58. Just a hairs-breath away from full mint state. Lightly toned. The paucity of high grade and Mint State business strikes has always put significant pressure on the tiny supply of AU 1901 Morgan silver dollars. No one is quite sure why so few exit in Mint condition. Possibly many were melted in 1918 (Pittman Act, in which more than two hundred million silver dollars were melted and sold to Great Britain at a time of silver panic in its colony in India) (PCGS # 7272) .
Estimated Value $1,000 - 1,250.
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