Lot 1669
1892-S. NGC graded UNC Details. Improperly cleaned. Needle sharp within fully defined breast feathers. Light antique toning rests about the borders on both sides. A light mark appears before the ear and some faint hairlines appear under strong magnification under a light source.
Only 1.2 million Morgan Silver Dollars were made at the San Francisco Mint in 1892, and nearly all of these went into circulation. The mintage itself makes for a curious tale, since each and every month of the year saw exactly 100,000 coins minted. One can only guess why. Occasional Mint State would be found with other dates, but apparently not even a single bag of Mint State 1892-S dollars have been discovered since the late 1920s, when a bag (or possibly more) was paid out at the San Francisco Mint according to rumors. Few cared back then. Now it would make nationwide headlines in the mainstream press (PCGS # 7218) Estimated Value $5,000-UP
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| Realized $7,188 |
