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1895-O $1 MS63 PCGS....

Lot: 1427, Auction: 2008 February Long Beach, CA Signature Coin Auction #460

Sold for: $57,500.00 (includes BP )
Bid Source: Internet
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Ended: Feb 14, 2008
Item Activity: 8 Internet/mail bidders
1,253 page views

Description:

Gorgeous 1895-O Morgan Dollar, MS63

1895-O $1 MS63 PCGS. 1895 is perhaps the most legendary year in the entire Morgan dollar series. Of course, much of this publicity is due to the mystery that surrounds silver dollar production at the Philadelphia Mint this year. However, students of this series also recognize that the low mintage 1895-O and 1895-S are key issues that raise eyebrows in all Mint State grades. The New Orleans Mint production was limited to only 450,000 pieces, a low mintage by the standards of any late 19th and 20th century silver series. The distribution of this issue is not unlike that of other O-mint issues from this era. A small number of coins, probably on the order of 100,000 pieces, were released into circulation in the South. The remainder of this mintage went into storage. The Pittman Act of 1918 must have taken an unusually high toll on this issue, as few Mint State examples emerged from Treasury holdings later in the century. Due to the limited original mintage, it is likely that most of the 1895-O dollars went to the melting pot under the terms of this act. Circulated examples are scarce on today's market, and Mint State representatives are deservedly rare.
The few Mint State survivors of this issue include a large percentage of poorly struck, lackluster, and/or heavily abraded coins. Quite well defined over the highpoints with appreciable satiny luster, this Select specimen is attractive in all regards. Delicate golden-rose and dove-gray iridescence lightly blankets both sides. There are a few wispy abrasions on the obverse, none of which are inconsistent with the MS63 grade. An important, high quality example of an issue that is difficult to find nicer. Population: 19 in 63, 17 finer (12/07).
From The Jimmy G. PCGS Registry Collection of Morgan Dollars with Varieties.(Registry values: P9, N7079) (#7236)

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Guides and Pricing Information:


Previous Prices from Heritage Auctions

Lot Date Grade Service Realized
Auction 1128, Lot 1177 Sunday, August 2, 2009 63 PCGS $43,125.00
Auction 1117, Lot 1443 Saturday, October 25, 2008 63 PCGS $57,500.00
Auction 1116, Lot 2925 Sunday, September 21, 2008 63 ANACS $37,375.00
Auction 372, Lot 9313 Saturday, May 7, 2005 63 PCGS $51,750.00
Auction 366, Lot 10474 Saturday, February 26, 2005 63 PCGS $35,650.00
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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.

Price Guide*

Grade Coin World
(Coin Values)
Numismedia
Retail
Numismedia
Wholesale
Numismedia
NGC (nmn)
Numismedia
PCGS (nmp)
PCGS
Price Guide
62 $32,250 $39,380 $31,500 $28,000 $28,500 $30,000
63 $60,000 $55,630 $44,500 $40,000 $41,000 $57,500
64 $100,000 $84,380 $67,500 $60,000 $62,500 $85,000
*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 63 19* 17* 3,639 450,000 George T. Morgan
NGC 63 14 15 3,181
*This information is provided and owned by PCGS. Its display and use are subject to the licensed agreement between PCGS and Heritage Auction Galleries.

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Morgan Dollars, 1895-O $1 MS63 PCGS....


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Morgan Dollars, 1895-O $1 MS63 PCGS....


Morgan Dollars, 1895-O $1 MS63 PCGS....

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