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CSNS Signature US Coin Sale 1254  26-28 Apr 2017
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Lot 4177

Estimate: 1 USD
Price realized: 15 000 USD
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Proof Morgan Dollars
1891 $1 PR67 Cameo NGC. In a trend that started in 1888, proofs were less carefully made and light strikes at the centers occurred with greater frequency. Coin dealers complained, but the substandard proofs continued until the middle years of the 1890s. Circulation strikes shared a similar fate, although in those years without much notice, because collectors preferred proofs. It was in regard to the 1891 Philadelphia issue that David Bowers uttered his famous "insipid and grainy luster" description of most 1891 dollars.
This splendid Cameo proof is a refreshing rebuttal to many of the complaints about the 1891 quality. True, there is a bit of weakness in the strike over the ear, but only in comparison to the needle-sharp definition elsewhere on the coin. The frosted motifs are smooth and pristine with a mellow, faintly silver-ivory sheen. The fields display deep, chromelike surfaces that boldly contrast the raised elements. Eye appeal is terrific. Census: 16 in 67 Cameo, 2 finer (3/17).
From The Siegel Collection.

HID02901242017
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