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1884-S $1 MS63 PCGS....

Lot: 2514, Auction: 2008 May Long Beach, CA Signature Auction #1108

Sold for: Sign-in or Join (free & quick)
Ended: May 29, 2008
Item Activity: 6 Internet/mail bidders
1,547 page views

Description:

Memorable 1884-S Morgan Dollar, MS63

1884-S $1 MS63 PCGS. The 1884-S is the first truly elusive S-mint Morgan dollar one encounters in the series from 1878-S forward. While the 1878-S through 1882-S pieces are extremely common, the 1883-S is merely scarce--but the 1884-S is truly rare in Mint State. For example, as a point of comparison, while according to its online Population Report PCGS has certified 2,316 examples of the 1883-S in Mint State, that service has certified only 237 specimens of the 1884-S in all Uncirculated grades--essentially one-tenth as many coins, assuming there is an equal factor for resubmissions.
In MS63, this piece is one of 38 coins so certified at PCGS, with 16 examples finer--the highest an incredible MS68! At first glance (and second), this coin gives the impression of a finer grade. The surfaces are silver-white, with abundant cartwheel luster and a relative lack of mentionable distractions. A couple of small luster grazes appear in the left obverse field, and a small tick near Liberty's nose is visible without a loupe. With the aid of a magnifier, a patch of reeding marks appears underneath Liberty's eye, confirming the grade. Nonetheless, there are precious few distractions, large or small, in other areas of the coin, save for a single slanting nick on the eagle's breast. The strike is typical for the issue, with moderate softness on the hair over Liberty's ear and the eagle's breast. However, this technical description underestimates the tremendous appeal of the clean, silver-white surfaces and ebullient luster, which more than compensate for tiny distractions of strike or contact.
This piece would make a wonderful acquisition for a fine Registry Set of Morgan dollars--or for the collector who just desires a single memorable example of the series.(Registry values: P9, N7079) (#7156)

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Previous Prices from Heritage Auctions

Lot Date Grade Service Realized
Auction 1136, Lot 2618 Sunday, January 10, 2010 63 PCGS $34,500.00
Auction 1121, Lot 4970 Sunday, January 11, 2009 63 PCGS $46,000.00
Auction 1114, Lot 1778 Sunday, August 3, 2008 63 PCGS $46,000.00
Auction 370, Lot 61115 Friday, November 30, 2007 63 NGC $26,450.00
Auction 450, Lot 42 Tuesday, April 10, 2007 63 PCGS $31,625.00
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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 from Heritage Auctions

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Heritage delivers Value - $673,960,269 sold at auction and in private treaty sales over the past 12 months.

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