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Lot
1450

1893-S $1 AU53 PCGS....

2009 March Baltimore, MD Signature US Coin Auction #1126

 
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Auction Ended On: Mar 29, 2009
Item Activity: 10 Internet/mail/phone bidders
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Location:

Sheraton Inner Harbor
300 S. Charles Street
Baltimore, MD 21201
(410) 962-8300
Auction Room: Meeting Room "Severn 1"

Description:
Popular Key-Date 1893-S Dollar, AU53
1893-S $1 AU53 PCGS. Lincoln cent collectors have their 1909-S VDB anchor coin, Mercury dime enthusiasts revel at the mere mention of a 1916-D ten cent piece, and Morgan dollar specialists covet the 1893-S issue. Demand for these special date/mintmark combinations is incessant as they are pursued not only by collectors of the series, but also by investors, general hobbyists, hoarders, and even non-collectors who remember learning of a certain key-date coin many years ago and now have the money to purchase an example.
The current offering is in the grade range most heavily sought by the majority of those seeking an 1893-S dollar; the cost of lesser examples provides an incentive to wait for a finer piece, yet the price tag for high grade specimens increases dramatically and quickly reaches the six-figure mark. This picture-perfect AU53 piece displays ample luster and is free of distractions requiring mention here.(Registry values: P10, N4719) (NGC ID# 255U, PCGS# 7226)

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