Lot 1470
1893-S Morgan Dollar. PCGS graded MS-64. The rarest and most desired date in the entire Morgan Dollar series, save for the proof only 1895. No bags of mint state coins were found, and the few mint state coins survived simply by a matter of chance. PCGS has graded a total of just 25 in various mint state grades! Even in About Uncirculated grades this date is surprisingly rare. When one considers the countless date sets being assembled by collectors throughout the world, it doesn't take long to see that this is always going to be "the" classic date to own in as high a grade as one can afford. In a near gem grade as offered, PCGS has graded just 3 coins as MS-64, with 6 graded higher. This particular specimen has excellent flash and a hint of gold toning on both sides. The fields are slightly prooflike, and the coin dances with the familiar "spin" peculiar to Morgan silver dollars. At first glance, one would expect this to be another gem example of a common date, but when the magnitude of 1893-S settles in, one must look on this coin with the reverence that a great rarity deserves. Close examination confirms that the die line is present at the top of the T in LIBERTY, and apparently only a single obverse die was used to coin these, despite 10 obverses shipped to San Francisco that year. Most of the mint state examples turned up in a bag of 1894-S dollars, and these were discovered about 1952 in Great Falls, Montana. Here at the Goldberg's, we are always proud to offer our clients the finest rarities for their collections, and with this fantastic example of the classic 1893-S Morgan dollar, this tradition continues. After all, this is the great rarity of the most popular series in American numismatics.
Estimated Value $75,000-UP.
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| Realized $161,000 |
