Lot 1467
1892-S Morgan Dollar. PCGS graded MS-65. Remarkably, this is the only MS-65 coin of this date graded by PCGS! There are 10 pieces which have been graded higher, and a few in lower mint state grades. No bags of mint state coins of this date turned up. While overshadowed by the 1893-S, the 1892-S deserves significant attention too. In particular, most of the mintage was melted, as happened to the 1893-S in the disastrous Pittman Act of 1918. Forget the mintage of 1,200,000, after the massive meltings it appears that less than one percent survive, perhaps far less than that. This coin boasts a light golden glaze of toning over very lustrous surfaces. The strike is sharp, with full hair over Liberty's ear, and excellent details on even the central breast feathers on the eagle. An exceptional opportunity to purchase one of the great rarities of the Morgan silver dollar series in full gem grade is not to be taken lightly. Once again, this collection offers many of the dates in extremely high grades, including the key dates, so bid wisely and well.
Estimated Value $50,000 - 70,000.
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