1895 $1 PR64 PCGS....

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Sold on Mar 7, 2008 for:

$44,562.50 Bid Source: Live: Floor bidder

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The 1895 King of Morgan Dollars, PR64

1895 $1 PR64 PCGS. 1895 $1 PR64 PCGS. When Morgan dollar collectors gather to discuss their favorite coinage series, talk eventually lands on the 1895 proof, sometimes sooner, and sometimes later. These collectors might verbally compare specimens, or perhaps they will ponder the missing 12,000 circulation strikes. What happened to those coins, if they ever existed, remains a numismatic mystery. Others might debate the necessity of owning such an example as this, comparing the relative merits of business strikes and proofs. The most advanced specialists understand that a collection of Morgan silver dollars cannot be complete without an example of the 1895 proof. This issue is often called "The King of Morgan Dollars" for just that reason. It is absolutely necessary to obtain this date as part of a complete set.
This example is a splendid near-Gem with deeply mirrored fields and frosty, lustrous devices. Most of the design elements are sharply detailed, although the hair above Liberty's ear is flat. The surfaces are somewhat subdued by gold, lilac-gray, and iridescent toning. Many of these coins have been dipped or otherwise "enhanced" over the years, but this example is a glorious, originally toned specimen that cannot be criticized in any way. Just 880 proof Morgan dollars were struck in 1895. A large number of those coins have survived over the years, although mostly in lower grades, and/or cleaned or impaired. Few near-Gem or Gem examples are known. Population: 56 in 64, 37 finer (1/08).(Registry values: N7079)

Coin Index Numbers: (NGC ID# 27ZR, PCGS# 7330, GSID# 7841)

Metal: 90% Silver, 10% Copper
Weight: 26.73 grams
ASW: 0.77346oz
Mintage: 880

View Certification Details from PCGS