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Description

Toned PR63 1895 Morgan Dollar
Mintage: 880 Proofs

1895 $1 PR63 PCGS. For sheer unpredictability, few U.S. coinage series can match the Morgan dollar, with its often topsy-turvy relationship between original mintages and actual rarity. As Paul M. Green wrote for his article "Who doesn't love a Morgan dollar story?" that was published in the November 13, 2007 edition of Numismatic News, "When you study Morgan dollars, you quickly learn to appreciate that Morgan dollars are one of the few issues where the unexpected and unusual is basically the norm."
Regarding "the unexpected and unusual," Green further notes that "the 1895 is a perfect example ... it's one of so many Morgan dollar stories where, despite seemingly good information, the facts are sometimes very difficult to find." Ironically, the conclusion he reaches in-between--"that the business strike mintage recorded was a mistake and that the 1895 was only produced as a proof"--has itself been disputed and strongly, even among those who believe that the 1895 business strikes never existed. Of course, both the mystery and the debate surrounding the business strikes and what fate (if any) they met has served to focus attention on the 1895 Philadelphia Morgans that are available: the proofs.
The proof fields on this piece are deeply mirrored, although somewhat muted by the smoky-gray toning that covers each side. Magnification reveals light hairlining, but the most obvious "flaws" are a couple of streaky interruptions in the toning on the left side of the obverse.
From The Big Sky Montana Collection.(Registry values: N7079)

Coin Index Numbers: (NGC ID# 27ZR, PCGS# 7330, GSID# 7841)

Metal: 90% Silver, 10% Copper
Weight: 26.73 grams
ASW: 0.77346oz
Melt Value: $13.92
Silver Spot: $18/oz (01-07-2010)
Mintage: 880


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Auction Info

Auction Dates
January, 2010
6th-10th Wednesday-Sunday
Bids + Registered Phone Bidders: 8
Lot Tracking Activity: N/A
Page Views: 931

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