LOT #2626 |
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1893-S $1 AU50 NGC....
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Sold on Jan 7, 2010 for:
$14,950.00
Bid Source: Internet bidder
Description
Attractive 1893-S Key Date Dollar, AU50
1893-S $1 AU50 NGC. The 1893-S has the lowest mintage of any regular issue Morgan dollar, making it the key date of the series. Paul Gilkes, in an article titled "1893-S Morgans Hot Market Commodity" published in the September 5, 2005 Coin World, writes that this low mintage resulted from several factors: the Panic of 1893, an oversupply of silver dollars in Treasury vaults, repeal of the 1890 law requiring massive monthly silver purchases, and the increasing opposition to silver interests.The present AU offering displays whispers of golden-gray patina, being somewhat more extensive and deeper on the reverse. Traces of luster reside in the recessed areas of well defined design motifs, and both sides reveal a minimum of undisturbing circulation marks. A highly attractive survivor of this important key date.(Registry values: P10, N4719)
Coin Index Numbers: (NGC ID# 255U, PCGS# 7226, GSID# 7614)
Metal: 90% Silver, 10% Copper
Weight: 26.73 grams
ASW: 0.77346oz
Mintage: 100,000
Auction Info
2010 January Orlando, FL FUN US Coin Auction #1136 (go to Auction Home page)
Auction Dates
January, 2010
6th-10th
Wednesday-Sunday
Bids + Registered Phone Bidders: 7
Lot Tracking Activity: N/A
Page Views: 511
Buyer's Premium per Lot:
15% of the successful bid per lot.
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