Skip to main content
Go to accessibility notice

    Description

    1895 PR63 Morgan Dollar
    Key, Proof-Only Issue to the Series

    1895 $1 PR63 PCGS. The Mint reported coinage of 12,000 business strike silver dollars in 1895. Nonetheless Q. David Bowers, in his Silver Dollar Encyclopedia, reports considerable contemporary evidence -- dating from the 1890s, shortly after the issue was struck -- indicating knowledge among collectors that the 1895 was a proof-only affair.
    For example, Bowers points to the December 1898 issue of The Curio, where Lancaster, Pennsylvania, dealer Charles Steigerwalt writes, "Dollars of 1895 from the Philadelphia Mint are only found in the Proof sets." Bowers also cites the study "Die Varieties of Current United States Standard Dollars," written by George W. Rice and published in the June 1898 The Numismatist. Rice wrote, "In 1895, Proofs only numbering less than 1,000, were struck." Bowers quite reasonably concludes:

    "It seems to me that it was prevailing knowledge as early as 1898, perhaps even before, that no business strikes of the 1895 dollar were made. Presumably, this information must have come from the Mint itself. The Mint was in constant contact with collectors and dealers and, of course, was actively marketing Proof sets at the time."


    The issue of the "phantom 1895 business strikes" is one that ensuing decades have deepened rather than clarified. This is a deeply reflective proof with absolutely no resemblance to one of the phantom business strikes. The devices are nicely frosted and present noticeable contrast against the mirrored fields, making one wonder why this coin was not accorded a Cameo designation. Each side has light golden-brown toning, but the dazzling surfaces beneath are not subdued in any way by the light color. Light hairlines explain the PR63 grade. Population: 69 in 63, 94 finer (9/11).(Registry values: N7079)

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

    Weight: 26.73 grams

    Metal: 90% Silver, 10% Copper


    View Certification Details from PCGS

    Auction Info

    Auction Dates
    January, 2012
    4th-8th Wednesday-Sunday
    Bids + Registered Phone Bidders: 19
    Lot Tracking Activity: N/A
    Page Views: 1,843

    Buyer's Premium per Lot:
    15% of the successful bid (minimum $14) per lot.

    Sold on Jan 8, 2012 for: Sign-in or Join (free & quick)
    Track Item

    Heritage membership

    Join Now - It's Free

    VIEW BENEFITS
    1. Past Auction Values (prices, photos, full descriptions, etc.)
    2. Bid online
    3. Free Collector newsletter
    4. Want List with instant e-mail notifications
    5. Reduced auction commissions when you resell your
      winnings 
    Consign now
    • Cash Advances
    • More Bidders
    • Trusted Experts
    • Over 200,000 Satisfied Consignors Since 1976
    Only 10 days left to consign to the 2021 July 8 - 12 Summer FUN US Coins Signature Auction !

    Learn about consigning with us

    I am pleased with the process it was way easier than I had thought it would be and I feel confident that my coins are in the right hands.
    Brian B.,
    Wellsboro, PA
    View More Testimonials

    HA.com receives more traffic than any other auction house website. (Source: Similarweb.com)

    Video tutorial

    Getting the most out of search