NumisBids
  
Heritage World Coin Auctions
FUN Signature US Coin Sale 1251  4-6 & 8-9 Jan 2017
View prices realized

Lot 5751

Starting price: 1 USD
Price realized: 40 000 USD
Find similar lots
Share this lot: Share by Email
Morgan Dollars
1884-S $1 MS63 PCGS. The Morgan dollar series contains a variety of issues with widely differing production totals and levels of availability. There are a number of low-mintage dates in perennially high demand like the 1889-CC and 1893-S, high-mintage issues readily obtainable in the upper reaches of Mint State like the 1880-S and 1881-S, and several important condition rarities like the 1892-S and 1901. The 1884-S is one such emission, collectible in circulated condition but exceedingly rare in Uncirculated grades.
Production of silver dollars continued as usual at the San Francisco Mint in 1884. The facility accomplished a mintage of 3.2 million coins. Unlike previous years, however, it appears most 1884-S dollars were released into circulation rather than being held in storage vaults. It is possible some unknown quantity was melted under the terms of the Pittman Act of 1918, but the issue's role in western commerce is unquestionable.
The certified population speaks to the widespread use of 1884-S dollars during the late 19th century. The most frequently awarded grades at PCGS range from XF40 to AU58, and the certification figures decline rapidly in higher grades. Uncirculated coins are typically seen in MS61 and MS62, while Select representatives are very scarce. Anything finer is a significant rarity.
This all-brilliant dollar has semireflective fields and brightly frosted mint luster. The impression lightens somewhat on the hair over Liberty's ear and the eagle's breast feathers, but these traits characterize nearly all high-end survivors from this challenging issue. Marks are minimal for the assigned grade. Population: 52 in 63 (4 in 63+), 14 finer (10/16).
Question about this auction? Contact Heritage World Coin Auctions