1895 $1 PR67 Deep Cameo PCGS....

Click the image to load the highest resolution version.

Sold on Aug 11, 2010 for:

Sign-in or Join (free & quick)

Get one of these:

Share this lot

Track Item Printable Auction Results

Sell One of These

Description

Auction Info

Guides & Info

Description

Reflective, Starkly Contrasted 1895 Dollar
Remarkable PR67 Deep Cameo

1895 $1 PR67 Deep Cameo PCGS. Ex: JFS Collection. In the final decade of the 19th century, the purchasing of sets of proofs had become an annual ritual for several hundred American coin collectors, fewer still for those wealthy enough to include the gold issues. In fact, a mere 880 proof sets with the silver dollar were sold in 1895, a number whose significance was not understood at the time but which would become very clear as later generations of numismatists attempted to complete their sets of Morgan dollars. Aside from the annual issue of proofs, coins of this type were routinely ignored by the vast majority of hobbyists.
It was not until decades later, in the 1950s and 1960s, that collectors sought to own an example of each mint's products for each respective date. Only then did it become apparent that none of the 12,000 1895 Philadelphia mint dollars reportedly struck for circulation were extant. Not a single verifiable example could be located, and the demand for this issue has ever since fallen entirely on the few hundred proofs minted that year.
With the small original production of circulation strikes seemingly lost forever to the mass meltings of 1918-20, the proof 1895 dollar has become one of the keys to completing the enormously popular Morgan dollar series. High grade specimens are among the most sought-after all of Morgan dollars.
To label this intensely mirrored, untoned specimen merely a Superb Gem is really an injustice, perhaps even an understatement, and the dramatic contrast between the illimitable depth of the fields and the richly frosted devices must be seen to be truly appreciated. An undeniably important Morgan dollar and a coin with runaway potential. Population: 4 in 67 Deep Cameo, 1 finer (6/10).(Registry values: P4)

Coin Index Numbers: (NGC ID# 27ZR, PCGS# 97330, GSID# 7843)

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

View Certification Details from PCGS