1895 $1 PR61 Cameo PCGS....

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1895 Morgan Dollar, Attractive PR61 Cameo

1895 $1 PR61 Cameo PCGS. Among the most intriguing perspectives on the mystery of the business-strike 1895 Morgan dollars comes from Roger W. Burdette, who published his article "Philly 1895 Morgan dollars" in the July 3, 2006 supplement to Coin World. He lays out his case for the business strike 1895 Morgan dollars actually having been produced, a case that includes an argument for "expedience and profit" as motives for coining a single tiny batch of Morgan dollars. Then he addressed the fate that likely awaited those coins:

" ... the most plausible explanation is that they were flattened then melted as part of 270,232,722 silver dollars (more than 270,232 bags) converted to bullion. ... Twelve bags dated 1895 represented an insignificant 0.004 percent of silver dollars melted; it is unlikely anyone would have noticed or cared about a few bags stamped '1895.' "

With collectors' dreams of owning a business-strike 1895 Morgan dollar dashed, the only way to fulfill the desire for the date is through the mintage of 880 proofs for that year, proofs such as this captivating specimen. This example shows noticeable contrast between the fields and devices on each side, and there is a slight layer of even golden color on each side. The coin actually has the appearance of a higher grade with the PR61 designation accounted for by several light, scattered contact marks on Liberty's cheek and in the fields.(Registry values: N7079)

Coin Index Numbers: (NGC ID# 27ZR, PCGS# 87330, GSID# 7842)

Metal: 90% Silver, 10% Copper
Weight: 26.73 grams
ASW: 0.77346oz

View Certification Details from PCGS