SOLD
33,000.00USDto floor+ buyer's premium
This item SOLD at 2007 Jun 01 @ 14:07UTC-08:00 : PST/AKDT
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<B>1896-O S$1 MS64 PCGS.</B></I> Another Morgan dollar in this auction in memorable condition aesthetically, and near the top of the Condition Census numerically, the present piece has been exceeded by exactly a half-dozen Gem coins, namely three each at NGC and PCGS (4/07). The Bowers Morgan dollar <I>Guide Book</B></I> (2005) quotes silver dollar expert Wayne Miller concerning this issue, "No other Morgan dollar is as consistently deficient in luster, strike, and degree of surface abrasions as the 1896-O. In Miller's opinion the 1896-O is the rarest of all Morgan dollars (even more than 1901) in truly gem condition."<BR> The present coin is not a Gem, but it is one grade point below, and appears considerably high-end for the MS64 ranking assigned to it. The surfaces are brilliant, with a slight patina of silver-gold in the largely untoned centers. A thin peripheral crescent of deep amber-gold, magenta, and russet is noted on the upper obverse, while the reverse is startlingly untoned, lustrous, and brightly radiant. The sharp strike has brought up most of the detail in the eagle's breast and the individual feathers in the wings, as well as on the often-weak leaves in the wreath below the eagle. On the obverse the hair above Liberty's ear shows only minor weakness. Close examination with a loupe reveals a couple of small milling marks on Liberty's cheek, along with a larger tick behind Liberty's cap, in the right obverse field, that cumulatively help to determine the grade. Elsewhere there are few mentionable abrasions, especially on the high-end reverse.<BR> This coin represents an elusive opportunity to obtain such a significant and conditionally rare Morgan dollar for a fine set. Population: 23 in 64, 3 finer (4/07).<BR><BR><b>Shipping:</b> Coins & Currency (<a target="_blank" href="http://www.heritageauctions.com/common/shipping.php">view shipping information</a>)
Auction Location:
100 S. Pine Avenue, Long Beach, California, United States
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