1884-S $1 MS64+ PCGS....

Click the image to load the highest resolution version.

Sold on Feb 24, 2022 for:

$156,000.00 Bid Source: HA.com/Live bidder

Get one of these:

Share this lot

Track Item Printable Auction Results

Sell One of These

Description

Auction Info

Guides & Info

Description

1884-S Morgan Dollar, MS64+
Key Issue in High Grade
Extremely Rare Any Finer

1884-S $1 MS64+ PCGS. The San Francisco Mint produced 3,200,000 business-strike dollars in 1884. Most of these were apparently placed into circulation. As David Bowers writes in his Silver Dollars and Trade Dollars of the United States, this was a rather unusual situation for the Morgan dollar series: "Large quantities of most other contemporary issues were bagged and then relegated to storage, to see the light of day in 1962-1964. Apparently, not so with the 1884-S." Circulated coins are therefore common, even in Extremely Fine and About Uncirculated grades.

Most of the coins held in government storage were probably melted in 1918, under the provisions of the Pittman Act. With regard to Mint State 1884-S dollars, Bowers goes on to say: "Relatively few ... were saved until later years, with the result that on the numismatic market today, Uncirculated coins are both highly prized and highly priced." Most NGC/PCGS Mint State pieces are in the MS60 to MS63 levels. The two services have combined to certify 25 example in MS64 (2 in 64+), with six examples finer (1/22).

The Plus-graded Choice example offered in this lot displays partially prooflike surfaces, especially on the obverse. Whispers of light golden-brown toning concentrate on the margins, joined by wisps of sky-blue on the obverse and russet on the reverse. The design elements are sharply detailed throughout, including those features in the central areas that are often weak. A few stray minute marks are well within the parameters of the designated grade. This captivating condition rarity will elicit spirited bidding from advanced collectors and Registry Set enthusiasts. Population: 12 in 64 (2 in 64+), 3 finer (12/21).
Ex: FUN Signature (Heritage, 1/2009), lot 4971.(Registry values: P9, N7079)

Coin Index Numbers: (NGC ID# 254P, PCGS# 7156, GSID# 7528)

Metal: 90% Silver, 10% Copper
Weight: 26.73 grams
ASW: 0.77346oz
Mintage: 3,200,000

View Certification Details from PCGS