Lot 764
1893-S. NGC graded MS-60. This is the key date Morgan dollar in any mint state grade. Despite a reasonable mintage of 100,000 pieces there simply were no hoards saved in mint state. This is quite unusual as most other Morgan dollars are known to have survived in bag quantities, but not so the 1893-S! For the collector who demands mint state quality, this is the ultimate issue to find. Precious few have been certified as mint state over the years by either grading service, fewer than 100 in all Hence, if you desire a complete mint state set, then here is a coin to strongly consider. Opportunities for another mint state 1893-S may be few and far between.
While the 1895 Morgan dollar (known only in Proof condition) is called the King of the Morgans, the 1893-S in mint state can certainly be called the Queen of this series! So few are known, and whenever a mint state coin is offered on the auction block, all eyes and ears are focused on the action, for the winning bidder will finally be able to say they now have a complete mint state collection of this challenging series. While certainly a formidable price is required to capture this prize, it is within the dreams and desires of so many collectors that whatever it brings will certainly seem worthwhile.
The obverse and reverse are well struck, frosty and light toning around the edges. Unlike so many similar coins the surfaces have not been cleaned up to any degree, and the eye appeal and luster are intact. Housed in an Old Style Holder. Only 100,000 struck. Pop 1; 27 finer at NGC. (PCGS # 7224) Estimate Value $80,000 - 90,000
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| Realized $123,375 |
