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1892-S $1 MS61 Deep Mirror Prooflike PCGS. This is the only 1892-S Morgan dollar graded by ei...
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Sold on Aug 14, 2006 for:
$92,000.00
Bid Source: Live: Floor bidder
Description
Important Key Date 1892-S Morgan Dollar, The Only Certified Deep Mirror Prooflike Example
1892-S $1 MS61 Deep Mirror Prooflike PCGS. This is the only 1892-S Morgan dollar graded by either NGC or PCGS which shows the desirable Deep Mirror Prooflike surfaces. As we know, the 1892-S is one of the key dates to the series, very similar to the 1893-S with virtually the entire mintage melted. Most other dates of Morgan dollars were found in mint-sealed bags in the Treasury vaults in the 1960s and released to the public. No additional coins were found of the 1892-S and 1893-S, and these dates were suddenly elevated to the top tier of rarities for this series. Despite the moderate grade, this is a very attractive coin. The fields show the expected deep mirroring imparted by the dies, and the all-important surfaces show just a few trivial ticks from handling. This particular coin is identifiable by a minor two-pronged reeding mark on the jawline of Liberty, and some tiny, microscopic nicks seen in the field before her eye. The reverse is excellent as well. We note a tiny double scrape just past the R of DOLLAR, and a small nick above the eagle's beak. Peripheral toning is found on the reverse, of medium golden-tan color; lighter lilac toning on the obverse is seen in the fields and also near the borders. The strike is reasonably sharp over Liberty's ear, and the breast of the eagle shows decent definition. A few wispy lines are found in the fields, and these must have accounted for the moderate grade. It should be noted that this example is housed in a PCGS holder with a light-green label, and was apparently thus encapsulated sometime prior to September of 1992. An important and perhaps conservatively graded key date example, and one that is certain to draw considerable attention from serious bidders. Population: 1 in 61 Deep Mirror Prooflike, 0 finer (6/06).From The New York Eye Appeal Collection.(Registry values: P8)
Coin Index Numbers: (NGC ID# 6BBT, PCGS# 97219, Greysheet# 7762)
Metal: 90% Silver, 10% Copper
Weight: 26.73 grams
ASW: 0.85oz
View all of [The New York Eye Appeal Collection ]
Auction Info
2006 August Denver, CO Signature & Platinum Night Auction #414 (go to Auction Home page)
Auction Dates
August, 2006
13th-14th
Sunday-Monday
Bids + Registered Phone Bidders: 11
Lot Tracking Activity: N/A
Page Views: 1,933
Buyer's Premium per Lot:
15% of the successful bid per lot.
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