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Lot
3369

1885 $1 PR67 NGC....

2012 January 4-8 US Coins & Platinum Night FUN Signature Auction- Orlando #1166

 
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Auction Ended On: Jan 4, 2012
Item Activity: 7 Internet/mail/phone bidders
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Location: Orange County Convention Center
North/South Building
9899 Universal Blvd.
Hall SB - South Building
Orlando, FL 32819

Description:
1885 Morgan Dollar, PR67
Magnificently Toned, Deeply Mirrored
1885 $1 PR67 NGC. Awarded the coveted Star designation by NGC for superior eye appeal, and well deserving of the same, this piece sports captivating light patina on each side in shades of light green, pastel rose, lilac, ice-blue, and orange. Although the colors are of moderate intensity, they fail to dampen the fields' deep mirrors, which radiates from beneath the palette of color. The strike is just as bold and beautiful as the toning, with nearly full hair over the ear, full venation on the leaves of the wreath, and full plumage on the eagle. Scrutiny with a loupe reveals only a single tiny contact mark over the ear, one that is all but undetectable. Finally, to sum up this piece, that most elusive and hard-to-quantify characteristic of the nicest coins, eye appeal, suffice it to say that this coin has it in spades.
The proof mintage of the 1885 Morgan dollar amounted to 930 pieces, of which likely 300 or so exist today, according to the population data and including resubmissions, crossovers, and other "grading events," as Bowers calls it. Most of the extant pieces, however, average a grade around PR64 or thereabouts. There are about two dozen Gems at both services, and proofs of a higher grade are rare. While there are, amazingly, a couple of pieces that have achieved higher numerical grades, it is doubtful that they could be any more lovely or aesthetically pleasing. Census: 1 in 67 , four finer (10/11).(Registry values: N4719) (NGC ID# 27ZE, PCGS# 7320)

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