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Description

1892-S AU 58. Most Morgan dollar issues were struck in quantities such that the supply far exceeded the demand, and today are readily obtainable in mint state. One exception was the 1892-S. With a mintage of 1.2 million pieces, it seems that most '92-S dollars saw extensive circulation, to the point that even true XF examples can be difficult to locate. It is now recognized as one of the premier condition rarities in the series, with uncirculated pieces almost guaranteed a five-figure selling price. The present coin doesn't miss by much, displaying sharp details and bright luster under a hint of golden toning. Only the slightest rub is evident on the highpoints of the design. A serious collector of Morgan dollars could save many thousands of dollars by choosing this borderline uncirculated example over a full mint state coin.

Coin Index Numbers: (NGC ID# 255P, PCGS# 7218, GSID# 7608)

Metal: 90% Silver, 10% Copper
Weight: 26.73 grams
ASW: 0.77346oz
Mintage: 1,200,000


Auction Info

Auction Dates
July, 1994
27th-30th Wednesday-Saturday
Bids + Registered Phone Bidders: 11
Lot Tracking Activity: N/A
Page Views: 170
Sold on Jul 30, 1994 for: $4,840.00
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