Heritage World Coin Auctions
FUN Signature US Coin Sale 1251 4-6 & 8-9 Jan 2017
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Proof Morgan Dollars
1891 $1 PR67 Cameo NGC. There were only 650 proofs struck of the 1891 dollar, and few are known today with cameo contrast. The lightness of strike over Liberty's ear that began in 1888 continued this year, and there is some softness evident on this piece. But that is the only detracting element we see on this magnificent coin. Each side is brilliant, and the fields show unfathomable depth of mirrored reflectivity with starkly contrasting frosted devices. A magnificent proof dollar. The population data is curious for this issue. There are only two PCGS coins in this grade with two finer, and 15 NGC coins in this grade with two finer. This indicates there was most likely a heavy resubmission to NGC of one or two coins in hopes of a higher grade. In terms of actual coins available as PR67 Cameo, it is likely that the 1891 is actually much scarcer than these numbers indicate.
Ex: Central States Signature (Heritage, 4-5/2010), lot 2182.
From The Stichter Collection.
1891 $1 PR67 Cameo NGC. There were only 650 proofs struck of the 1891 dollar, and few are known today with cameo contrast. The lightness of strike over Liberty's ear that began in 1888 continued this year, and there is some softness evident on this piece. But that is the only detracting element we see on this magnificent coin. Each side is brilliant, and the fields show unfathomable depth of mirrored reflectivity with starkly contrasting frosted devices. A magnificent proof dollar. The population data is curious for this issue. There are only two PCGS coins in this grade with two finer, and 15 NGC coins in this grade with two finer. This indicates there was most likely a heavy resubmission to NGC of one or two coins in hopes of a higher grade. In terms of actual coins available as PR67 Cameo, it is likely that the 1891 is actually much scarcer than these numbers indicate.
Ex: Central States Signature (Heritage, 4-5/2010), lot 2182.
From The Stichter Collection.