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Lot
1443

1895-O $1 MS63 PCGS....

2008 October Dallas, TX Signature US Coin Auction #1117

 
Sold for: $57,500.00 (includes BP )
Bid Source: Internet bidder
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Auction Ended On: Oct 24, 2008
Item Activity: 6 Internet/mail/phone bidders
1,061 page views
Description:
Important Select Mint State 1895-O Dollar
1895-O $1 MS63 PCGS. In his 1993 reference Silver Dollars and Trade Dollars of the United States, Q. David Bowers gave a brief history of the market for the 1895-O Morgan dollar issue through that time. After a burst of early interest, perhaps spurred by the low mintages for the 1894 and 1895 Morgan issues from all Mints, demand subsided, particularly for high-end examples; as noted by Bowers, "Even the most famous collections were apt to contain worn pieces."
Despite its rarity in true Mint State, the 1895-O had continued to languish through the early 1990s, gaining little publicity. Since then, however, the advent of Registry collecting has inspired a new emphasis on the Morgan dollar series in high grades, and this change has spurred dramatic growth in the demand for this issue, demand that the tiny pool of Select and better survivors, each a condition rarity, cannot hope to satisfy. Advice by Bowers from the 21st century, in his Guide Book of Morgan Silver Dollars, suggests that the collector wanting even a "decent" Mint State survivor should "... look at the MS-63 grade, at least, and be prepared to spend a lot of money."
While the 1895-O Morgan dollars were generally poorly produced, a point expounded upon at length by Bowers, this Select coin offers appreciably above-average eye appeal. The strike, though not crisp at the highest points of the design, is solid elsewhere, and the fields offer soft cartwheel luster beneath subdued gold-gray and sage shadings. Modestly abraded, yet highly appealing with an aesthetic built on subtlety, not flashiness. Population: 19 in 63, 17 finer (9/08).(Registry values: P9, N7079) (#7236)

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Service and Handling Description: Coins & Currency (view shipping information)

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Guides and Pricing Information:

Previous Prices from Heritage Auctions
Lot Date Grade Service Realized
Auction 1166, Lot 3361 Sunday, January 8, 2012 63 PCGS $46,000.00
Auction 1159, Lot 3741 Sunday, September 11, 2011 63 PCGS $38,812.50
Auction 1116, Lot 2925 Sunday, September 21, 2008 63 ANACS $37,375.00
Auction 334, Lot 8640 Friday, November 7, 2003 63 NGC $19,550.00
Auction 267, Lot 6741 Wednesday, August 8, 2001 63 NGC $17,250.00
View prices realized from this item in other grades (you must be signed in)
PLEASE NOTE: All prices realized reflect the final hammer price PLUS the buyer's premium in auctions that charge a buyer's premium. Each item has a notation at the top of the listing indicating whether that lot included a buyer's premium. All information listed is intended to be as accurate as possible, but errors are possible. Please use this guide carefully and inform us of any inaccuracies.
Previous Prices Reported By Other Auction Firms (Not Verified By Heritage)
Source Date Grade Service Realized
Unconfirmed Tuesday, November 13, 2007 63 PCGS $66,125.00
Unconfirmed Monday, July 25, 2005 63 PCGS $46,000.00
Unconfirmed Monday, November 29, 2004 63 NGC $54,625.00
PLEASE NOTE: Heritage has not verified this data, which represents the sale or auction of an item from a third party (and includes the Buyer’s Premium where applicable). All information listed is intended to be as accurate as possible, but it has been taken from sources that may or may not be reliable and errors are possible. Please use this guide carefully and inform us of any inaccuracies.
Price Guide*
Grade Coin World
(Coin Values)
Numismedia
Retail
Numismedia
Wholesale
Numismedia
NGC (nmn)
Numismedia
PCGS (nmp)
PCGS
Price Guide
PCGS+
62 $32,000 $27,190 $21,750 $20,000 $20,250 $24,500 $29,000
63 $53,000 $50,000 $40,000 $35,500 $36,500 $51,000 $57,500
64 $100,000 $84,380 $67,500 $60,000 $62,500 $85,000 $99,000
*All information listed is intended to be as accurate as possible, but errors are possible. No item may be returned or refused based on this information which is provided as a service to our customers. You should contact each pricing source directly to determine the accuracy of this information.
Population Guide
Service Grade Population in this Grade Population of Higher Grade Population in All Grades + Mintage Engraver
PCGS Not available from PCGS 450,000 George T. Morgan
NGC 63 14 16 3,954 -
CAC 63 1 1 131 -
*This information is provided and owned by PCGS. Its display and use are subject to the licensed agreement between PCGS and Heritage Auctions.
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Morgan Dollars, 1895-O $1 MS63 PCGS....

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