LOT Old Heritage Auctions  /  2007 Dallas Signature Coin Auction #450  / 

79

1893-O S$1 MS64 PCGS. Ex: Jackson Hole. A truly rare c

Currency:USD Category:Coins & Paper Money Start Price:1.00 USD Estimated At:1.00 - 1,000,000.00 USD
1893-O S$1 MS64 PCGS. Ex: Jackson Hole. A truly rare c
<B>1893-O S$1 MS64 PCGS.</B></I> Ex: Jackson Hole. A truly rare coin in both the conditional and absolute senses, the 1893-O boasts the smallest mintage of any Morgan dollar from the New Orleans Mint, and the fifth smallest mintage of any business strike Morgan--excluding, of course, the unknown (or unissued) 1895s. The four other Morgan issues with comparable mintages, from largest to smallest, are the 1881-CC and 1885-CC--both saved in tremendous quantities relative to their original mintages, with many thousands released from the Treasury in the early 1960s and later by the GSA--and the 1893-S and 1894, coins that formed only a tiny fraction of the Treasury holdings. The fame of the 1893-O has perhaps been overshadowed by its illustrious siblings, the coveted 1893-S, and by the last of the CC Morgans, the 1893-CC. Nonetheless, the 1893-O is many times rarer in MS64 than the 1893-CC. As Bowers' silver dollar <I>Guide Book</B></I> puts it, "Choice MS-64 coins are rare and MS-65 coins are of sufficient fame that an auction house might showcase one in a news release."<BR> The present coin is an exception to the majority of Mint State coins, in that it is refreshingly free of mentionable abrasions, save for a couple of undistracting ticks on the cheek and a nick to the right of the 3 in the date. Brilliant luster radiates from each side of the silver-white surfaces, and considerable prooflikeness is present, with mirrored fields and moderate frost on the devices. Population: 80 in 64, 9 finer (2/07).<BR><I>From The Jackson Hole Collection.</B></I><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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