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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 5767

Starting price: 1 USD
Price realized: 16 000 USD
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Morgan Dollars
1894-S $1 MS66+ PCGS. CAC. The 1894-S Morgan dollar claims a smallish mintage of 1.2 million pieces, making the issue one of the better dates in the series. Most coins were released into circulation in the 19th century, and few were saved by contemporary numismatists. Never available in large numbers, releases from Treasury holdings were limited to isolated areas in the Western United States, where a hard-money economy prevailed long after the rest of the country switched to a paper money preference. The 1894-S was not heavily represented in the Redfield Hoard.
The present coin is a Plus-graded Premium Gem, with sharply detailed design elements and well-preserved lustrous surfaces. Attractive shades of lavender-gray and sea-green toning blanket both sides, enhancing the outstanding eye appeal. Population: 14 in 66 (2 in 66+), 2 finer. CAC: 5 in 66, 0 finer (11/16).
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