LOT Old Heritage Auctions  /  2008 Jan. FUN Signature Coin Auction #454  / 

2977

1884-S $1 MS62 NGC

Currency:USD Category:Coins & Paper Money Start Price:10,500.00 USD Estimated At:1.00 - 1,000,000.00 USD
1884-S $1 MS62 NGC
<B>1884-S $1 MS62 NGC.</B></I> In all Mint State grades, the 1884-S Morgan dollar ranks among the rarest and most important dates in the series. Unlike some other issues, the 1884-S ranks among the most common dates in the series if circulated. The reason is that the '84-S had the opposite history of most Morgan dollar issues. Usually, the majority of coins from any issue were stored in vaults for many decades, with only a few released to circulation. Today, such coins are seldom seen in circulated grades, and very common in Mint State grades. Just the opposite happened in the case of the 1884-S, with a more traditional distribution. Nearly all examples entered circulation, and only a few were saved by collectors. This brilliant Mint State piece has full satin luster with few bagmarks or other blemishes, and is an excellent coin for the grade.<BR><I>From The Motor City Collection.</B></I><BR><BR><B>Coin Engraver:</B> George T. Morgan<BR><BR><b>Shipping:</b> Coins & Currency (<a target="_blank" href="http://www.heritageauctions.com/common/shipping.php">view shipping information</a>)
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