Heritage World Coin Auctions
CSNS Signature US Coin Sale 1254 26-28 Apr 2017
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Proof Morgan Dollars
1895 $1 PR63 PCGS. While it is far from the lowest-mintage regular-issue proof Morgan dollar (the 1878 Seven Tailfeathers, with its mintage of just 250 pieces, takes that title), the 1895 is easily the most discussed proof issue and the one that receives the most attention from numismatists. Though collectors' ambitions to own a business-strike example of the issue have always met with frustration, owning a proof specimen is the next best thing in the eyes of many, and with thousands of Morgan dollar enthusiasts pursuing an issue with a mintage of just 880 pieces, it is little wonder that prices for better representatives have increased rapidly as years go by. As Q. David Bowers wrote in A Guide Book of Morgan Silver Dollars, "The ownership of an attractive Proof is a fine thing to contemplate."
Among the qualities associated with the 1895 proof issue is a significant degree of contrast on most specimens. While the present piece does not have a sufficiently strong cameo effect to receive such a designation, the obverse and especially the reverse show significant contrast. Elements of sea-green patina grace the fields and Liberty's cheek, while her hair and the eagle remain essentially silver-white. Though a handful of scattered hairlines in the fields preclude a finer designation, the coin is fundamentally appealing; many examples assigned a PR63 grade will often have distracting flaws, but the present piece is a pleasant exception. The intelligent collector seeking an example of this famous issue should recognize the present opportunity and act upon it.
HID02901242017
1895 $1 PR63 PCGS. While it is far from the lowest-mintage regular-issue proof Morgan dollar (the 1878 Seven Tailfeathers, with its mintage of just 250 pieces, takes that title), the 1895 is easily the most discussed proof issue and the one that receives the most attention from numismatists. Though collectors' ambitions to own a business-strike example of the issue have always met with frustration, owning a proof specimen is the next best thing in the eyes of many, and with thousands of Morgan dollar enthusiasts pursuing an issue with a mintage of just 880 pieces, it is little wonder that prices for better representatives have increased rapidly as years go by. As Q. David Bowers wrote in A Guide Book of Morgan Silver Dollars, "The ownership of an attractive Proof is a fine thing to contemplate."
Among the qualities associated with the 1895 proof issue is a significant degree of contrast on most specimens. While the present piece does not have a sufficiently strong cameo effect to receive such a designation, the obverse and especially the reverse show significant contrast. Elements of sea-green patina grace the fields and Liberty's cheek, while her hair and the eagle remain essentially silver-white. Though a handful of scattered hairlines in the fields preclude a finer designation, the coin is fundamentally appealing; many examples assigned a PR63 grade will often have distracting flaws, but the present piece is a pleasant exception. The intelligent collector seeking an example of this famous issue should recognize the present opportunity and act upon it.
HID02901242017