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

2367

1901 $1 MS63 PCGS

Currency:USD Category:Coins & Paper Money Start Price:11,000.00 USD Estimated At:1.00 - 1,000,000.00 USD
1901 $1 MS63 PCGS
<B>1901 $1 MS63 PCGS.</B></I> Many 1901 dollars were apparently placed into circulation at or near the time of issue, and an exceeding large number (possibly 5 million of the 6.962 million business strikes made) were likely melted under the 1918 Pittman Act (David Bowers, 2006). While MS60 through MS62 specimens are available, higher-grade coins are rare. Indeed, near-Gem and Gem examples are virtually unobtainable. In addition, Uncirculated 1901 dollars tend to be poorly struck, have inadequate luster, and are heavily bagmarked (Bowers, 1993).<BR> The above-mentioned limitations make this Select example a special offering. An above average strike leaves relatively strong definition on the devices, evidenced by partial detail in the hair at Liberty's ear and the eagle's breast feathers. The fields exhibit a mild "orange-peel" effect, with pleasing luster apparent on both sides. Some minute grade-limiting marks occur on the obverse, but these do not detract. Indeed, the untoned surfaces are relatively clean for the MS63 grade designation.<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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