Menu
Welcome Sign-In | Join Now
Sold for Sign-in or Join (free & quick) includes Buyer's Premium (BP) 

Description

Prized Choice Uncirculated 1893-S Morgan Dollar

1893-S $1 MS64 PCGS. The proof-only 1895 aside, this issue has long been recognized as the premier rarity in the Morgan Dollar series. The election of President Grover Cleveland and the financial panic caused by the hoarding of gold during this period marked a shift in government policy toward the minting of Silver Dollars. The repeal of the Sherman Act became law in the winter of 1893 and mintages were drastically reduced. Just 100,000 pieces were struck, a tiny figure by Morgan Dollar standards, and the vast majority were either extensively circulated or later melted. Today, even XF and AU examples can be very difficult and costly to locate and the occasional appearance of a Mint State piece never fails to capture a numismatic headline. There have never been any significant hoards of 1893-S Morgan Dollars located, and none were in the Treasury release of the 1960s. In The Morgan and Peace Dollar Text Book, author Wayne Miller mentioned a small hoard: "Many BU 1893-S dollars can be traced to a hoard of twenty pieces found in a BU bag of 1894-S dollars in Great Falls, Montana in the early 1950s. These dollars were dispersed over a twenty year period, one or two at a time."
This virtual Gem representative is accented in delicate golden hues and shows just a few slight blemishes on and in the vicinity of Liberty's chin. The strike is more than adequate for the issue and the luster is more satiny than cartwheel. The distinctive markers of genuine 1893-S Dollars, a tiny die chip located in the left base of R and a diagonal die line that severs the left arm of T, are clearly on display. Only a few dozen Mint State pieces are known to exist, and they are among the most prized Silver Dollars of any date and any type. Population: 4 in 64, 7 finer (11/04).
From The Lost Dutchman Collection.(#7226) (Registry values: P10, N10218) (NGC ID# 255U, PCGS# 7226)

View all of [The Lost Dutchman Collection ]

Service and Handling Description: Coin/Currency (view shipping information)

Sales Tax information  | PCGS Guarantee of Grade and Authenticity  |  Terms and Conditions

Bidding Guidelines and Bid Increments

Glossary of Terms

Auction Info

Auction Dates
January, 2005
12th-15th
Internet/Mail/Phone Bidders: 13
Members Tracking: N/A
Page Views: 664

Buyer's Premium per Lot:
15% of the successful bid (minimum $9) per lot.

Heritage membership

941,099
bidder-members
$883,430,746
sold in the last year

Join Now - It's Free

VIEW BENEFITS
  1. Past Auction Values (prices, photos, full descriptions, etc.)
  2. Bid online
  3. Free Collector newsletter
  4. Want List with instant e-mail notifications
  5. Reduced auction commissions when you resell your
    winnings 

Consignments wanted

Only 3 days left to consign to the 2015 September 16 - 21 US Coins Signature Auction - Long Beach!

Learn about consigning with us

I want to thank you and Heritage for the services provided above and beyond those one would expect from an auction house.
[ Entire Letter » ]
Larry A. Moody, Senior Internal Auditor, University of Alabama,
Tuscaloosa, AL
View More Testimonials

HA.com receives more traffic than any other auction house website. To compare for yourself, visit: compete.com

Video tutorial

Getting the most out of search

Recent auctions

2015 July 9 - 12 Summer FUN US Coins Signature Auction - Orlando Summer FUN
2015 July 9 - 12 Summer FUN US Coins Signature Auction - Orlando Summer FUN
REALIZED $8,308,723
2015 April 9 - 14 CICF World Coins & Ancient Coins Signature Auction - Chicago
2015 April 9 - 14 CICF World Coins & Ancient Coins Signature Auction - Chicago
REALIZED $6,503,481
2015 April 22 - 28 CSNS Currency Signature Auction - Chicago
2015 April 22 - 28 CSNS Currency Signature Auction - Chicago
REALIZED $10,592,191

© 2015 Heritage Auctions | All Rights Reserved