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    Description

    1895 Morgan Dollar, Toned PR62
    Pleasing Example of This Rarity

    1895 $1 PR62 NGC. A pleasing lower-end example of the famous 1895 proof rarity. The 1895 Morgan dollar was struck to the extent of 880 coins, a normal production total for proof silver dollars. Following standard practice, these were distributed in silver proof sets for the year. However, those sets were largely broken up by collectors to access the silver dollar. An absence of circulation strikes from Philadelphia that year caused the 1895 proof dollar to be a recognized rarity by early 1896. Later, the Chapman brothers suggested that no circulation strikes were ever produced, and that school of thought prevails today among many numismatists. A Mint document reports a coinage of 12,000 circulation strikes, but whether or not these pieces were actually struck does not change the modern day reality: no circulation strike 1895 silver dollars have ever been available to collectors.

    The 1895 proof is the king of the Morgan dollars today, a necessary acquisition for every collector looking to complete a date and mintmark set. This example is well-struck and reflective. Mottled multicolor toning in the fields prevents some scattered marks from offending the eye.(Registry values: N7079)

    Coin Index Numbers: (NGC ID# 27ZR, PCGS# 7330)

    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
    October, 2018
    11th-14th Thursday-Sunday
    Bids + Registered Phone Bidders: 9
    Lot Tracking Activity: N/A
    Page Views: 688

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    I wish to extend our appreciation to you for over $925,000.00 realized from the above subject auction. This amount realized was approximately $110,000.00 more than we anticipated.
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