LOT #2240 |
Sold on Aug 1, 2008 for: Sign-in
or Join (free & quick)
1894 $1 MS64 Deep Mirror Prooflike NGC....
Click the image to load the highest resolution version.
Sold on Aug 1, 2008 for:
$20,700.00
Bid Source: Internet bidder
Description
Conditionally Rare 1894 Morgan Dollar
MS64 Deep Mirror Prooflike
One of Two Finest-Known
1894 $1 MS64 Deep Mirror Prooflike NGC. This is a remarkable
specimen that is one of just two 1894 Morgan dollars certified as
MS64 Deep Mirror Prooflike: one coin at PCGS and this piece at NGC.
None are graded any higher, at either company, and a scant total of
five examples are certified as DMPL at the two services combined,
as of (6/08). Apparently, this issue is unusually rare with
Prooflike or Deep Mirror Prooflike reflectivity in the fields. In
his 1982 Morgan and Peace Dollar Textbook, Wayne Miller
said: "The author has seen only three fully prooflike 1894-P
dollars." He also noted that two of those three coins had "deep"
and "prominent" scrape marks on the eagle's breast area; a feature
that is not evident on the present example. Miller stated that the
third prooflike piece known to him had been sold in a 1979
Paramount auction for $36,000, and that: "It is by far the finest
known 1894-P prooflike dollar, with deep mirror surfaces, minimum
abrasions, and full strike. The coin is toned a mellow light
brown."Apparently, the present offering represents a coin that was unknown to Mr. Miller, since it is untoned and lacks a deep or prominent abrasion (or any blemish at all, for that matter) on the eagle's breast. The design elements are very sharply struck, and only the hair detail directly above Liberty's ear reveals a whisper of incompleteness. Surface marks are minimal for the grade, and there are just the faintest of hairlines in the fields and a handful of wispy slide marks across the cheek that keep this lovely piece from a Gem grade.
Any specialist in the series will be excited by the appearance of this conditionally rare example, especially those who seek to complete a set of Deep Mirror Prooflike Morgan dollars.
From the "A Gift of Undeserved Favor" Collection.(Registry values: P8, N7079)
Coin Index Numbers: (NGC ID# 255V, PCGS# 97229, GSID# 7688)
Metal: 90% Silver, 10% Copper
Weight: 26.73 grams
ASW: 0.77346oz
View all of ["A Gift of Undeserved Favor" Collection ]
Auction Info
2008 July-August Baltimore, MD (ANA) US Coin Signature Auction #1114 (go to Auction Home page)
Auction Dates
Jul-Aug, 2008
30th-3rd
Wednesday-Sunday
Bids + Registered Phone Bidders: 8
Lot Tracking Activity: N/A
Page Views: 1,708
Buyer's Premium per Lot:
15% of the successful bid per lot.
Shipping, Taxes, Terms and Bidding
Terms and Conditions | Bidding Guidelines and Bid Increments | Glossary of Terms | US & World Coin Grading Tutorial
Important information concerning Sales Tax and Resale Certificates. Learn More
Terms and Conditions | Bidding Guidelines and Bid Increments | Glossary of Terms | US & World Coin Grading Tutorial