Lot 1298
1895 Morgan Dollar. PCGS graded Proof 67. CAC. PQ. The key date to the Morgan Dollars. Wonderful rainbow toning on both sides that comes from many years of careful storage and appears on a coin that has been placed in just the right environment. The surfaces are virtually perfect, as expected for the superb gem grade. Liberty's broad cheek is essentially flawless, as are the delicate surrounding fields. For the reverse the radiant hues of toning continue, with deeper portions around the rims and brighter at the center. The eagle's breast is free from handling as are the other design elements. The 1895 Morgan dollar has long been regarded as the "King of the Morgans", this remarkable title has been earned through countless collectors seeking an examples, with only a modest number succeeding in finding even one that they could place in their collections. Although mint records record 12,000 pieces minted, these have been determined to have been dated 1894, thus no circulation strikes exist of this date and mint. Thus the only Philadelphia Mint Morgan dollars were struck as proofs, a mere 880 pieces that year. That doesn't leave many coins to go around to the countless collections being formed. This particular example is not at all average, for it is one of the finest seen, climbing high above the many at the superb grade level, and furthermore blessed by the folks at PCGS and CAC for its regal beuty and memorable quality. Needless to say you may have to wait for many years to find a specimen that even approaches the beauty, quality and desirablility of this magnificent gem. Cert #36887197. Only 880 struck. Pop 5; 18 finer at PCGS. (PCGS # 7330) Estimate Value $100,000 - UP
Sale is not final. This lot will be offered again with the other 5 pieces of the 1895 proof set.
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| Realized $138,000 |
