LOT Old Heritage Auctions  /  2008 April Rosemont, IL (CSNS) US Coin #1104  / 

2365

1893-S $1 XF45 PCGS

Currency:USD Category:Coins & Paper Money Start Price:9,500.00 USD Estimated At:1.00 - 1,000,000.00 USD
1893-S $1 XF45 PCGS
<B>1893-S $1 XF45 PCGS.</B></I> Without question, the 1893-S is the darling of non-proof Morgan dollars. Beside having the lowest mintage of all business strikes in the series, many were apparently melted. In fact, Bowers (2006) suggests that possibly "tens of thousands" were destroyed under the provisions of the 1918 Pittman Act. The balance of this scarce issue obviously entered circulation, since Mint State examples are rarely presented for sale. Even when an Uncirculated piece does cross the auction block, only those able to settle a six-figure auction bill will be bidding. Collectors, therefore, are grateful when an attractive, lightly circulated specimen, such as the current coin, is offered. This is a bright silver-gray example that displays deeper accents around the devices. Noticeable portions of mint luster are seen around the margins, and no mentionable marks are seen on either side.<BR><I>From The Silver Spur Collection of Morgan Dollars.</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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