LOT #3209 |
Sold on May 1, 2009 for: Sign-in
or Join (free & quick)
1901 $1 MS62 NGC....
Click the image to load the highest resolution version.
Sold on May 1, 2009 for:
Sign-in
or Join (free & quick)
Description
Challenging 1901 Morgan Dollar, MS62
Ex: Jules Reiver Collection
1901 $1 MS62 NGC. Ex: Jules Reiver Collection. New
collectors of the series are at first unimpressed by the 1901
Morgan dollar, which records a plentiful production of nearly 7
million pieces. Not especially rare in VF and lower grades, the
issue emerges as a surprising scarcity in AU, and is quite rare in
Mint State. In fact, Bowers (1993) writes, "Of all Philadelphia
Mint business strike dollars, excepting the spectral 1895, the 1901
is the rarest in Mint State." It is even more difficult in
Uncirculated grades than the 1894, which had a scant mintage of
110,000 pieces. Perhaps the issue went directly into circulation,
and the majority of any Uncirculated Treasury holdovers became part
of the great 1918 Pittman Act melt. Regardless of the reason for
its rarity, an Uncirculated 1901 Morgan dollar is highly desirable,
particularly when it is as fully lustrous as the present piece.
This nearly brilliant piece has a remarkably unabraded obverse, and
the reverse is also clean aside from a milling mark on the eagle's
belly and a mint-made strike-through beneath the first T in
TRUST.(Registry values: P9, N2998)Coin Index Numbers: (NGC ID# 256J, PCGS# 7272, GSID# 7590)
Metal: 90% Silver, 10% Copper
Weight: 26.73 grams
ASW: 0.77346oz
Mintage: 6,962,813
Auction Info
2009 April-May Cincinnati, OH (CSNS) US Coin Auction #1124 (go to Auction Home page)
Auction Dates
Apr-May, 2009
29th-3rd
Wednesday-Sunday
Bids + Registered Phone Bidders: 3
Lot Tracking Activity: N/A
Page Views: 221
Buyer's Premium per Lot:
15% of the successful bid per lot.
Shipping, Taxes, Terms and Bidding
Terms and Conditions | Bidding Guidelines and Bid Increments | Glossary of Terms | US & World Coin Grading Tutorial
Important information concerning Sales Tax and Resale Certificates. Learn More
Terms and Conditions | Bidding Guidelines and Bid Increments | Glossary of Terms | US & World Coin Grading Tutorial