Heritage World Coin Auctions
CSNS Signature US Coin Sale 1254 26-28 Apr 2017
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Morgan Dollars
1892 $1 MS66 NGC. VAM-3. A doubled die reverse variety. The mintage of the 1892 is relatively low for a Philadelphia issue; just slightly more than 1 million pieces were struck. While this production is more than the 1893 through 1895 rarities, in addition to the well-saved 1899, most Philadelphia issues have mintages of several million or more. This includes the conditionally rare 1901.
The 1892 is available through the MS62 grade, but Gems are very scarce, and at the MS66 level, NGC has certified only the present piece, with none finer (3/17) -- a top-grade population that has not increased in the last decade. PCGS currently reports only five coins in this grade, also with none finer. PCGS MS66 coins have recently realized more than $40,000 at auction.
The present Premium Gem fully merits its lofty numerical assessment, since even the cheek lacks relevant contact. The strike is penetrating, luster is comprehensive, and the golden-brown and dove-gray toning is clearly original. The upper reverse legends are lightly die doubled. A prize for the collector who only settles for the best.
Ex: Denver Signature (Heritage, 8/2006), lot 5360.
From The Siegel Collection.
HID02901242017
1892 $1 MS66 NGC. VAM-3. A doubled die reverse variety. The mintage of the 1892 is relatively low for a Philadelphia issue; just slightly more than 1 million pieces were struck. While this production is more than the 1893 through 1895 rarities, in addition to the well-saved 1899, most Philadelphia issues have mintages of several million or more. This includes the conditionally rare 1901.
The 1892 is available through the MS62 grade, but Gems are very scarce, and at the MS66 level, NGC has certified only the present piece, with none finer (3/17) -- a top-grade population that has not increased in the last decade. PCGS currently reports only five coins in this grade, also with none finer. PCGS MS66 coins have recently realized more than $40,000 at auction.
The present Premium Gem fully merits its lofty numerical assessment, since even the cheek lacks relevant contact. The strike is penetrating, luster is comprehensive, and the golden-brown and dove-gray toning is clearly original. The upper reverse legends are lightly die doubled. A prize for the collector who only settles for the best.
Ex: Denver Signature (Heritage, 8/2006), lot 5360.
From The Siegel Collection.
HID02901242017