SOLD
6,500.00USD+ buyer's premium + applicable fees & taxes.
This item SOLD at 2023 Apr 29 @ 14:14UTC-4 : AST/EDT
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***Auction Highlight*** 1901-p Vam 20 R-5 WOW! Morgan Dollar $1 Graded ms65 By SEGS. Up for Auction is by far the Finest 1901-p Morgan We have ever brought to auction. The 1901 Morgan dollar is an elite condition rarity. Despite a mintage in excess of 6.9 million coins, the date is scarce in Mint State, rapidly decreasing in availability at each ascending grade level. It is believed that most of the coins not released into circulation at the time of issue were destroyed after 1918 under the terms of the Pittman Act. The condition of most surviving Mint State coins suggests that they survived in mixed bags of dollars or through bank teller drawers and were just by chance never paid out. For most collectors, the finest 1901 Morgan dollars collectible are in MS64. The last two PCGS-graded pieces that were auctioned in this grade realized $52,800 and $55,200, respectively. Gems are almost unheard of today, even though a handful are reported by the grading services. The last two Gems to sell at auction were an NGC coin in Bowers and Merena's November 2009 Baltimore auction, which realized more than $155,000, and the finest Known ms66 Ex. Jack Lee ms66 which sold in 2015 for $587,500. Clearly, the rarity of the 1901 Morgan dollar in high grade is not at all overstated. I have included 17 Pictures for this Lot. I have shown our coin in several light angles, as well as all the customary closeups of design elements and Breast Feathers. I have also included comparison Photos of our coin to the finest Known Ex. Jack Lee ms66 and two PCGS ms64 Examples. I think you will agree that our coin at hand has less marks than the two ms64 examples and is comparable to the Legendary Ex. Jack Lee ms66. Good Luck, And if all of that wasn’t enough. Ours is the Vam 20, Buffed Reverse, R-5 variety. It might be noted that NONE of the examples graded ms63-ms66 by either major Service is the Vam 20. Clearly the Finest Known Vam 20, and near Top POP overall. A Key Date'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
Auction Location:
148 Route 73, Suite 3-284, Voorhees, New Jersey, 08043, United States
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| From (Incl.) | To (Excl.) | Premium |
| 0.00 |
Infinite |
21% |
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