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Heritage World Coin Auctions
FUN Signature US Coin Sale 1251  4-6 & 8-9 Jan 2017
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Lot 5746

Starting price: 1 USD
Price realized: 15 500 USD
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Morgan Dollars
1881-S $1 MS68+ PCGS. CAC. The 1881-S is respected as an ideal candidate for type purposes. In excess of 12.7 million coins were struck, more than half of which sat in storage before being first released in 1938 and culminating in the distribution of millions of coins as part of the Treasury release of the early 1960s. Only in MS68 does the issue actually become challenging. Examples of comparable quality with a Plus designation and CAC endorsement are truly rare. Incredibly, PCGS has seen two higher-graded coins in MS69 (11/16). Light toning adorns the margins. Shades include blue, magenta, and fire-orange. The resulting eye appeal is tremendous, undoubtedly enhanced by radiant cartwheel luster, fully struck motifs, and the near-complete absence of surface imperfections.
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