Morgan Dollars
1894 $1 MS64 NGC. Aside from the proof-only 1895 Morgan, this date has the lowest mintage of any Morgan dollar coined in Philadelphia, and it is considered to be one of the key issues in a complete set of these coins. Dave Bowers considers the MS64 grade to be the "Optimal Collecting Grade" for this date, taking into account the combination of rarity and quality. Just 110,000 of these coins were struck, and few have survived as fine as this piece. All of the design elements are boldly rendered, and the surfaces have frosty luster with light golden toning. NGC has graded only five numerically finer examples (10/16).
Ex: Long Beach Signature (Heritage, 5-6/2007), lot 1592; ANA Signature (Heritage, 8/2007), lot 2426.
From The Stichter Collection.