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***Auction Highlight*** 1896-s Morgan Dollar $1 Graded Select Unc PL By USCG (fc)

Currency:USD Category:Coins & Paper Money Start Price:25.00 USD Estimated At:2,500.00 - 10,000.00 USD
***Auction Highlight*** 1896-s Morgan Dollar $1 Graded Select Unc PL By USCG (fc)
***Auction Highlight*** 1896-s Morgan Dollar $1 Graded Select Unc PL By USCG.
Up for auction is a coin which is rare in all grades and is unheard of in PL or DMPL. We have never brought a PL or DMPL 1896-s to auction. To Quote Q. David Bowers �1896-S Morgan dollars are relatively common in lower grades from VG-8 up through VF-30. EF-40 pieces are elusive, and coins in the AU category are seldom seen. In Mint State, the 1896-S dollar is quite elusive. Most pieces are average strikes with average to above average lustre. Others are lightly struck at the centers. Even lightly struck pieces are usually quite pleasing in appearance. Prooflike 1896-S dollars are rare. DMPL coins are rarer yet. Most seen show heavy abrasions. The Redfield estate coins included DMPL specimens with prominent die polish lines, but as of September 1992 neither NGC nor PCGS had graded even one DMPL piece. The "Proof' offered by William & L. Pukall (The Numismatist 10/53) probably was a DMPL.� As of Today PCGS estimates that only 21 examples survive in PL. PCGS has graded 3 total examples and NGC has graded 3 as PL. Also to date PCGS has still not graded 1 example as DMPL. The coin at hand has very strong mirrored fields as can be seen in the photos. Those 6 1896-s Morgans have been at auction 8 times in the last 20 years. The lone au58 PL sold for $1495 back in 2004, and 3 ms62 PL examples went to the hammer in 2005, 2006, and 2010, The one in 2010 sold for $10,925. I have included a picture of that ms62, as well as the lone ms66, to illustrate the die file lines. The ms66 was the last sighting of a PL at auction in 2016, that is until today. 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