1882-O/S $1 Strong MS65 PCGS Secure. O/S Recessed, VAM-4....

Click the image to load the highest resolution version.

Sold on Aug 3, 2012 for:

$42,593.75 Bid Source: Live: Floor bidder

Get one of these:

Share this lot

Track Item Printable Auction Results

Sell One of These

Description

Auction Info

Guides & Info

Description

Elite 1882-O/S Morgan Dollar, MS65
Recessed Overmintmark, VAM-4

1882-O/S $1 Strong MS65 PCGS Secure. O/S Recessed, VAM-4. A Top 100 Variety. Ex: Bella. In the Morgan dollar series, two overmintmarks stand out: the 1882-O/S and the 1900-O/CC. Both actually consist of several reverse dies with overmintmarks, and the individual die pairs within each variety show certain characteristics in common (for example, the light rust pitting affecting the three 1882-O/S reverse dies) but also their own idiosyncrasies (the diagonal stroke of the S relative to the O can be "Flush," "Recessed," or "Broken").
While the 1900-O/CC has received greater publicity due to the unusual resurrection of the Carson City mintmark, series enthusiasts respect the challenge posed in finding a high-quality 1882-O/S dollar. The availability of any 1882-O/S dollar in MS65 is a relatively recent development, as suggested by this passage from Silver Dollars and Trade Dollars of the United States by Q. David Bowers: "The PCGS tour of silver dollars, which took place in 1990 and 1991 and which featured some of the finest certified coins, borrowed from various sources, assembled to make up an exhibit collection, had an 1882-O/S in just MS-64 grade, one of the very few coins in the exhibit to be less than MS-65."
The PCGS Population Report shows just two 1882-O/S Strong examples in MS65, regardless of the individual VAM number, and none numerically finer (6/12). This VAM-4 or O/S Recessed piece has flashy silver luster with dots of toning at the upper left margin and occasional pools of reflectivity in the protected areas. On the reverse, hints of pale blue are scattered through the fields. Though softly struck at the centers and modestly marked, the coin has no significant abrasions with any depth. It is an example for the Morgan dollar connoisseur to savor -- and, if she or he is wealthy enough, to own.(Registry values: P5, N7079)

Coin Index Numbers: (NGC ID# 254D, PCGS# 7138, Greysheet# 7513)

Metal: 90% Silver, 10% Copper
Weight: 26.73 grams
ASW: 0.85oz

View Certification Details from PCGS