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1892 $1 PR68 ★ Ultra Cameo NGC....
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Sold on Jan 6, 2011 for:
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Description
Gorgeous PR68 ★ Ultra Cameo
1892 Morgan Dollar
1892 $1 PR68 ★ Ultra Cameo NGC. Wayne Miller's The Morgan
and Peace Dollar Textbook contains advice of a certain vintage
(1982), but his prescient and still-relevant insights have made the
book a quotable and valuable resource even today. For the proof
1892 Morgan dollar, he offers the following notes:"The 1892 proof has the second-highest mintage (1,245) of any Morgan or Peace dollar. Consequently, proof specimens are relatively common. However, this date is rare in fully gem proof condition.
"Well over one-half of the 1892 proof dollars the author has seen are flat struck, with even less high-point detail than proofs of the previous years. Toning tends to be quite dark and not aesthetically pleasing. Like the 1891 proof, untoned pieces almost always present a 'washed-out' appearance."
This specimen, on the other hand, is the ultimate exception to the rule. Strongly detailed devices have equally intense frost, and the surrounding mirrors have remarkable reflectivity with only occasional streaks of milky patina. The fields are absolutely smooth, and the coin offers eye appeal in spades. Between the Ultra Cameo contrast designation, the amazing PR68 grade, and a Star designation on top, this is the single finest NGC-certified specimen of the proof 1892 Morgan dollar (11/10); further, it is one of two major claimants to the title of finest example, the other being the single PR68 Deep Cameo survivor encapsulated by PCGS. At this top grade and contrast level, the 1892 is rarer than the more famous and highly valued 1895.(Registry values: N7079)
Coin Index Numbers: (NGC ID# 27ZM, PCGS# 97327, Greysheet# 7834)
Metal: 90% Silver, 10% Copper
Weight: 26.73 grams
ASW: 0.85oz
Mintage: 1,245
Auction Info
2011 January Tampa FUN Signature & Platinum Night US Coin Auction #1151 (go to Auction Home page)
Auction Dates
January, 2011
5th-9th
Wednesday-Sunday
Bids + Registered Phone Bidders: 13
Lot Tracking Activity: N/A
Page Views: 2,437
Buyer's Premium per Lot:
15% of the successful bid per lot.
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