Sold for: Sign-in or Join (free & quick)
includes Buyer's Premium (BP) 

    Description

    Noteworthy Near-Mint 1893-S Dollar

    1893-S $1 AU58 NGC. The 1893-S is a prominent rarity among Morgan dollars, with an interesting twist: a plurality of known survivors are in VF condition. Such a grade is indicative of a specific, moderate-to-light amount of wear, that is inconsistent with the experiences of other issues. Many have concentrations at Fine or lower, while a handful of Treasury and GSA release issues have higher modes. What could have caused the distinctive wear pattern?
    Q. David Bowers, in several of his written references, relates the anecdotal evidence supplied by E.S. Thresher, who wrote in the July 1925 edition of The Numismatist that the 1893-S was one of only a handful of Morgan dollar issues he had not encountered in circulation. This led Bowers to speculate that perhaps the late 1920s saw the release of most of the 1893-S dollars to Rocky Mountain states, where coin collectors were scarce, and there they circulated until silver dollars fell out of fashion for general commerce.
    The exact reason seems unknowable, yet the Bowers thought-experiment leads to some interesting possibilities. A hard fact, on the other hand, is that the 1893-S dollar is elusive in AU grades and a condition rarity in Mint State. This near-Mint survivor, impressively lustrous beneath layers of gold-orange and silver-gray patina, is well-defined with only a touch of friction across the high points. A few small abrasions on the cheek and wispy marks in the fields have little impact on the eye appeal. Census: 13 in 58, 28 finer (11/08).(Registry values: P10, N4719) (NGC ID# 255U, PCGS# 7226)


    Fees, Shipping, and Handling Description: Coins & Currency (view shipping information)

    Sales Tax information  | NGC Coin Grading Guarantee  |  Terms and Conditions

    Bidding Guidelines and Bid Increments

    Glossary of Terms

    Auction Info

    Auction Dates
    January, 2009
    7th-11th Wednesday-Sunday
    Bids + Registered Phone Bidders: 6
    Lot Tracking Activity: N/A
    Page Views: 871

    Buyer's Premium per Lot:
    15% of the successful bid (minimum $9) per lot.

    Heritage membership

    Join Now - It's Free

    VIEW BENEFITS
    1. Past Auction Values (prices, photos, full descriptions, etc.)
    2. Bid online
    3. Free Collector newsletter
    4. Want List with instant e-mail notifications
    5. Reduced auction commissions when you resell your
      winnings 
    Consign now
    • Cash Advances
    • More Bidders
    • Trusted Experts
    • Over 200,000 Satisfied Consignors Since 1976
    Only 31 days left to consign to the 2017 April 4 - 6 US Coins Signature Auction - Dallas!

    Learn about consigning with us

    I just have to say that you have great people -- who take care of things instantaneously! Very impressive.
    M.,
    Woodland Hills, CA
    View More Testimonials

    HA.com receives more traffic than any other auction house website. (Source: Similarweb.com)

    Video tutorial

    Getting the most out of search

    Recent auctions

    2017 January 4 - 9 FUN  US Coins Signature Auction - Fort Lauderdale
    2017 January 4 - 9 FUN US Coins Signature Auction - Fort Lauderdale
    REALIZED $42,314,638
    2017 January 17 - 18 World Coins Signature Internet Auction - Dallas
    2017 January 17 - 18 World Coins Signature Internet Auction - Dallas
    REALIZED SO FAR $2,409,289
    2017 January 5 - 9 FUN World Currency Signature Auction -
    2017 January 5 - 9 FUN World Currency Signature Auction -
    REALIZED $1,310,502