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

2978

1886-O $1 MS62 Deep Mirror Prooflike PCGS

Currency:USD Category:Coins & Paper Money Start Price:7,000.00 USD Estimated At:1.00 - 1,000,000.00 USD
1886-O $1 MS62 Deep Mirror Prooflike PCGS
<B>1886-O $1 MS62 Deep Mirror Prooflike PCGS.</B></I> The 1886-O Morgan dollar, with a mintage approaching 11 million pieces, is somewhat scarce in Mint State. Most examples seen are in the MS60 to MS62 range; it is not until MS64 that the issue becomes truly rare. <BR> What then is so special about the MS62 Deep Mirror Prooflike example in this lot? Q. David Bowers, in his <I>Silver Dollars and Trade Dollars of the United States</B></I>, puts it succinctly: "Semi-prooflike coins are scarce, and fully prooflike coins are rare. Most prooflike coins have extensive bagmarks and are in lower grades." The rarity of Deep Mirror Prooflike specimens is evident from the PCGS/NGC population figures: fewer than 25 pieces have been graded by both services combined.<BR> The deep mirrors on this example establish nice contrast with the motifs. These exhibit better-than-average detail for the issue that normally comes weakly struck. Specifically, partial definition is visible in the hair over Liberty's ear and on the eagle's breast feathers, areas usually lacking such attributes. Moreover, while revealing some unobtrusive handling marks, this coin possesses fewer and less severe contacts than ordinarily found on most surviving Mint State 1886-Os. Housed in a green label holder. Population: 5 in 62 Deep Mirror Prooflike, 5 finer (11/07).<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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