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Lot
2355

1878 7/8TF $1 Strong MS66 Deep Mirror Prooflike NGC....

2008 April Rosemont, IL (CSNS) Signature Coin Auction #1104

 
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Auction Ended On: Apr 17, 2008
Item Activity: 5 Internet/mail/phone bidders
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Location: Rosemont, IL
Description:
Memorable 1878 7/8 Tailfeathers Morgan
MS66 DMPL, Single Finest Graded
1878 7/8TF $1 Strong MS66 Deep Mirror Prooflike NGC. This is a truly special and memorable coin in this auction, even among many other wonderful pieces. The Strong 1878 7/8 Tailfeathers has been long recognized as a rarity, one that is seldom seen with PL or DMPL surfaces in Mint State grades finer than MS64. But here is a miraculous Premium Gem piece that NGC has justly given its coveted Star designation to--and one that the legions of DMPL Morgan collectors will fly to like moths to a flame. Five tailfeathers (four prominent) are visible underneath the seven.
Among the more than 100 DMPL 1878 7/8 Tailfeathers Morgan dollars undesignated as to variety at NGC (including this coin), this piece is the only Star-designated piece, sharing the honors for finest graded with a single NGC MS66 DMPL non-Star piece.
This is a totally white coin that has dazzling, deeply mirrored fields. The devices are noticeably frosted and present a strong cameo contrast. An exceptional, high-grade example of this widely collected 1878 variant.(Registry values: P5) (NGC ID# 2TXZ, PCGS# 97079)

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