LOT #4031 |
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1884-S $1 MS65 NGC....
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Sold on Jan 21, 2021 for:
$150,000.00
Bid Source: HA.com/Live bidder
Description
1884-S Morgan Dollar, MS65
Key to the Series in High Grades
Only Three Examples Known Finer
1884-S $1 MS65 NGC. Even a seasoned numismatic veteran is
apt look at this coin and say, "wow." This cataloger sure did.
Those who have been around long enough know that the appearance of
an 1884-S Morgan dollar in Gem Uncirculated condition is a
once-in-a-decade (or two) event. The coins are as rare as hen's
teeth, at least in MS65 or higher, and the population data bears
that. This is one of two such coins at NGC with a single MS66
graded higher. PCGS has graded one each in MS65, MS67, and MS68
(11/20).The 1884-S boasts an unassuming mintage of 3.2 million coins, substantially higher than many of the low six-figure mintages in the series, but a lot smaller than those like the 1887 or 1889, which each exceed 20 million pieces. What distinguishes the 1884-S from its earlier S-mint counterparts, many of which are widely available through grades as high as MS67 and MS68, is that these coins did not languish in storage in any significant quantities, and they were not distributed en masse during the mid-20th century. Instead, many of them were paid out contemporaneously, and most of those held back from circulation were likely melted under the terms of the 1918 Pittman Act.
We last handled an MS65 1884-S Morgan dollar as part of our January 2009 FUN Signature auction and have been waiting to handle another. Twelve years later, here is that chance. The coin is richly toned on the obverse with shades of violet, rose, and gold, while the reverse is primarily silver-gray with blushes of antique golden patina largely confined to the border areas. Both sides are unbelievably clean -- you would hardly believe this is an 1884-S without the date and mintmark being present -- with a single tick on the bridge of Liberty's nose. A pinpoint-sharp strike heightens the appeal. This is a phenomenal rarity, a San Francisco dollar of nearly unsurpassed quality, and a coin that is sure to represent a new highlight in a fine set of Morgan dollars. Census: 2 in 65, 1 finer (11/20).
From The Prichard Collection. (Registry values: P9, N14284)
Coin Index Numbers: (NGC ID# 254P, PCGS# 7156, Greysheet# 7528)
Weight: 26.73 grams
Metal: 90% Silver, 10% Copper
View all of [The Prichard Collection ]
Auction Info
2021 January 20 - 24 FUN US Coins Signature Auction #1326 (go to Auction Home page)
Auction Dates
January, 2021
20th-24th
Wednesday-Sunday
Bids + Registered Phone Bidders: 21
Lot Tracking Activity: N/A
Page Views: 1,853
Buyer's Premium per Lot:
20% of the successful bid per lot.
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