431

***Auction Highlight*** 1883-s Morgan Dollar $1 Graded ms65 By SEGS (fc)

Currency:USD Category:Coins & Paper Money Start Price:4.00 USD Estimated At:24,250.00 - 48,500.00 USD
***Auction Highlight*** 1883-s Morgan Dollar $1 Graded ms65 By SEGS (fc)
***Auction Highlight*** 1883-s Morgan Dollar $1 Graded ms65 By SEGS. Up For Auction is a 1883-s Morgan Dollar ms65 SEGS. A brilliant and highly lustrous near-Gem with razor sharp striking detail. Although often overshadowed by the 1884-S, the 1883-S is highly elusive in mint state in its own right. While the mintage was 6,250,000 pieces, the 1883-S is one of the few Morgan dollars that saw active circulation beginning in the 19th century. Indeed, worn survivors are available with ease. On the other hand, mint state survivors are scarce in today's market. While many examples emerged from federal holdings in the 1950s and 1960s, these were quickly absorbed by contemporary collectors. No other significant quantities were found apart from a partial bag in the estate of LaVere Redfield. The coins from both the Redfield hoard and the Federal holdings seemed to average about MS-63 in condition. The issue becomes incredibly scarce in Gem, with only about 100 coins known. Nearly in that category, this premium MS-65 represents the finest in both quality and eye appeal available to most collectors seeking an 1883-S Morgan dollar. Tied for 7th finest known. We have included another ms65 for your comparison. A Corey's Pick, Bid to Win, Don't let it get Away, you might not find its equal Coin. I give this coin my highest recommendation