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Lot
7368

1893 $1 PR67 Deep Cameo PCGS. CAC....

2011 August Chicago Signature US Coin & Platinum Night Auction #1158

 
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Auction Ended On: Aug 12, 2011
Item Activity: 10 Internet/mail/phone bidders
709 page views
Location: Marriott - Chicago O Hare
8535 W. Higgins Road
Chicago, IL 60631

Description:
1893 Morgan, PR67 Deep Cameo
Gorgeous Black-and-White Contrast
1893 $1 PR67 Deep Cameo PCGS. CAC. Between the business strike and proof Morgan dollars of 1893, the former are more infamous, with a low mintage brought on by the repeal of silver-purchase legislation. Yet the proofs of the same year offer their own challenges; while the mintage of 792 pieces is on par with most other Morgan dollar issues, finding an attractive example can prove difficult. Q. David Bowers notes the most glaring defect of the issue as a whole: "Indifferent striking as a result of poor workmanship -- the dies were spaced too far apart." After that, though, he praises the cameo effect found on most pieces and describes the proof 1893 Morgan dollar as "... a challenge, a sporting occasion."
For one bidder, the thrill of the hunt will end here. This astounding Superb Gem is untoned, with a glittering appearance over each side. This proof Morgan has exceptional cameo contrast; the fields are brilliant, deeply mirrored, and pitch-black, whereas the snow-white devices are heavily frosted. A whisper of a luster graze on the cheek may help to pedigree the coin, as might a minuscule planchet flake (as struck) below the S in PLURIBUS, but the surfaces are otherwise flawless. The strike is razor-sharp on the reverse, including the eagle's breast feathers, and substantially above-average on the obverse, where the hair over Liberty's ear is strongly defined; both of these areas are typically flat on proofs from 1888 to 1893. Fantastic all-around eye appeal. Population: 3 in 67 Deep Cameo, 2 finer (6/11).
From The Paul Taylor Collection of Proof Morgan Dollars.(Registry values: P2) (PCGS# 97328)

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