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Lot
9908

1897-O S$1 MS65 PCGS....

2004 November Palm Beach, FL Signature Sale #358

 
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Auction Ended On: Nov 6, 2004
Item Activity: 6 Internet/mail/phone bidders Number of Bidders
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Description:
Remarkable Gem Brilliant Uncirculated 1897-O Dollar
1897-O $1 MS65 PCGS. As anyone who has attempted to assemble a set of Morgan Dollars knows, 1897-Os are difficult enough to locate in Mint State, any grade of Mint State. Only 50 dies were used to produce the 4 million Dollars struck in New Orleans this year. Apparently the dies were improperly basined, which partially explains the lackluster appearance usually seen on this issue. Also, for some reason excessive bagmarks can also be a problem on many Uncirculated 1897-O Dollars. All that having been said, one can begin to appreciate the remarkable, atypical condition of this present example.
The surfaces on this extraordinary representative have a sparkling, untoned appearance and are as close to fully struck as one could ever hope to find on a '97-O. The only mentionable surface defects are a tiny reeding mark on the cheek of Liberty and a few less consequential field marks on the reverse. We expect great interest in this elusive Gem from advanced collectors who know all too well how difficult it is to locate an 1897-O Morgan in such a superior state of preservation. Population: 5 in 65, 7 finer (10/04).(#7248) (Registry values: P7, N7079) (NGC ID# 2566, PCGS# 7248)

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Auction 1204, Lot 5320 Thursday, April 24, 2014 MS65 NGC $19,000.00
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