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

3006

1895 $1 PR64 NGC

Currency:USD Category:Coins & Paper Money Start Price:47,500.00 USD Estimated At:1.00 - 1,000,000.00 USD
1895 $1 PR64 NGC
<B>1895 $1 PR64 NGC.</B></I> The famous proof-only Morgan dollar issue of 1895, with its original mintage of only 880 specimens, has accrued plenty of allure in recent decades. As the 1895 has gained acceptance as an integral part of a complete series collection, demand has increased exponentially, and authentication services have made transactions involving that key issue increasingly secure. Between increased confidence on the part of buyers and sellers and increased clarity on the issue's survival, the market for specimens has become incredibly robust.<BR> Though resubmissions affect the combined certified population of 1895 proof Morgan dollars, most scholars estimate that more than half of the original population exists today, a figure in line with the <I>Census Report</B></I> and <I>Population Report</B></I> numbers. While demand for specimens far outstrips the supply, there is sufficient leeway for the numismatic connoisseur to identify and acquire an attractive exemplar. Q. David Bowers expressed this sentiment plainly in his 2006 work <I>A Buyer's Guide to Silver Dollars & Trade Dollars of the United States</B></I>: "If you decide to add an 1895 to your collection, take time and pick out a nice one."<BR> For this issue in near-Gem, one can hardly do better than the present piece. Both sides offer obvious contrast, though the prior-generation NGC holder does not list any such designation. The overall level of detail is excellent, though a trace of softness appears at the hair above Liberty's ear, and tan and cornflower-blue patina at the rims leaves the centers essentially untoned. Despite a handful of grade-defining flaws in the fields, this specimen offers outstanding visual appeal. A marvelous opportunity for the discerning collector.<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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