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    Gem 1896-S/S Morgan Dollar
    Finest PCGS-Certified Hot 50 VAM-5

    1896-S/S $1 MS65 PCGS. VAM-5. A Hot 50 Variety. Ex: New York City Set. Remnants of the initial mintmark, located to the northeast, are obvious when viewed beneath a lens. The lower left serif of the initial mintmark is clear within the lower half of the prominent mintmark, and the outer lower curve from the first mintmark is also present. Cherrypickers' co-author Bill Fivaz is credited by as the discoverer of the variety, back in December 1976.
    The 1896-S has a high initial mintage of 5 million pieces, but most entered the channels of commerce. Circulated examples are plentiful while Mint State coins are scarce, regardless of VAM variety. This is a lustrous Gem with only a hint of golden patina. A series of roller marks (as struck) appear above the eagle in the reverse field. The strike shows incompleteness only on the hair above the ear. Potent luster and an essentially pristine obverse field confirm the quality. Among the 24 examples certified as VAM-5 by PCGS, the present lot is the single finest (6/11). Surprisingly, NGC has certified just a single example as VAM-5, an MS62.
    Ex: FUN Signature (Heritage, 1/2005), lot 30341, which realized $13,225; FUN Signature (Heritage, 1/2006), lot 3342, which brought $18,400.

    Coin Index Numbers: (Variety PCGS# 134022, Base PCGS# 7244)

    Weight: 26.73 grams

    Metal: 90% Silver, 10% Copper

    Learn more at the Newman Numismatic Portal at Washington University in St. Louis.

    Auction Info

    Auction Dates
    August, 2011
    11th-14th Thursday-Sunday
    Bids + Registered Phone Bidders: 10
    Lot Tracking Activity: N/A
    Page Views: 516

    Buyer's Premium per Lot:
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