1901 $1 MS64 PCGS....

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Important MS64 1901 Morgan Dollar

1901 $1 MS64 PCGS. 2 Olive C4/C3 Reverse. The 1901 Morgan dollar is on the short list of the most elusive Morgan dollars in the higher Mint State grades, a list that would include other Mint State rarities such as the 1896-O and 1886-O. While the 1893-S is a foundational rarity--rare in all grades--the 1901, 1886-O, and 1896-O are conditional rarities, common in most circulated grades and worth little premium. The 1901 also suffered in the past from the common misperception that P-mint coins, given their generally higher mintages, are less rare than branch mint coinage. The truth is far more complex, however. Most 1901s likely circulated when they were issued, and those that did not were probably melted around 1918 under terms of the Pittman Act. In addition, many past offerings for Uncirculated coins were for pieces that today we would call AU at best. As a result of all those factors, it was only the 1960s and afterward that true Mint State 1901s began to receive the recognition they were due.
This silver-white near-Gem displays coruscating cartwheel luster on both sides, with no suggestion of color. A couple of stray reeding marks on the cheek account for the grade, but abrasions overall are few in number and minor in importance. As one of the most elusive business strike Morgans in high grade, this piece has enormous importance for the legions of series collectors. Population: 20 in 64, 3 finer (11/09).(Registry values: P9, N7079)

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

View Certification Details from PCGS