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    1880-S Dollar, MS69 Prooflike, Ex: Bermuda
    The Finest Morgan Dollar Money Can Buy

    1880-S $1 MS69 Prooflike PCGS. Ex: Bermuda. A snapshot from the PCGS Population Report, October 2016: 3,052,628 pieces are certified as circulation-strike coins with neither Prooflike nor Deep Mirror Prooflike surfaces. The service has graded 85,957 coins as Prooflike and 41,960 examples as Deep Mirror Prooflike. Focus on a grade, an incredible and nigh-impossible grade, MS69, and check the numbers for normal, Prooflike, and Deep Mirror Prooflike populations. The results: eight, one, none -- nine coins across the entire Morgan dollar series, and only one Prooflike.

    With the sole exception of an 1896-S Morgan dollar, all of the MS69-graded pieces come from one of two dates: 1880-S or 1881-S, both popularly known as plentiful and well-produced targets of type collectors. The 1880-S is the dominant date as far as MS69 coins are concerned, stacking up six examples to two for the 1881-S. Yet even the 1880-S, with its mintage of 8.9 million pieces and five-figure tally of Prooflike coins in the PCGS Population Report, has only one coin blessed with both the reflective fields and amazing preservation needed for an MS69 Prooflike grade.

    Even NGC has never certified an MS69 Prooflike or Deep Prooflike Morgan dollar (10/16), making this coin, in the most literal sense, the finest Morgan dollar money can buy. Moderately reflective fields contrast well with distinctly frosted, sharply struck devices. Only the slightest hints of color catch the light: pale blues suggested in parts of the fields, a touch of rose glimpsed on the cheek. Only the tiniest luster breaks keep this coin from perfection; there is no flaw that could be called an "abrasion" in the ordinary sense. This is a coin that stands alone, impeccable and seemingly untouchable -- yet for the brief time it takes to sell an auction lot, it will be ownable. Seize the moment.
    Ex: FUN Signature (Heritage, 1/2006), lot 3283; Pittsburgh Signature (Heritage, 10/2011), lot 4105.(Registry values: P1, N2998)

    Coin Index Numbers: (NGC ID# 2544, PCGS# 7119)

    Weight: 26.73 grams

    Metal: 90% Silver, 10% Copper

    Learn more at the Newman Numismatic Portal at Washington University in St. Louis.

    Auction Info

    Auction Dates
    January, 2017
    4th-9th Wednesday-Monday
    Bids + Registered Phone Bidders: 23
    Lot Tracking Activity: N/A
    Page Views: 4,646

    Buyer's Premium per Lot:
    17.5% of the successful bid (minimum $19) per lot.

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