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CSNS Signature US Coin Sale 1254  26-28 Apr 2017
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Lot 4187

Estimate: 1 USD
Price realized: 20 000 USD
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Proof Morgan Dollars
1921 $1 Zerbe PR66 NGC. VAM-47. Ex: Jack Lee. Jack Lee was famous for twice building the finest set of Morgan dollars. After the first set was sold, he assembled a second set, approximately equal in quality to the first. A third Jack Lee set was auctioned by Heritage in 2005. One can tell at a glance why Jack Lee selected the present specimen for his legendary collection. It exhibits a full strike and is essentially void of contact. Both sides display hints of tan-gold toning. As an identifier, we note a minute area of struck-in grease above the D in UNITED. VAMworld.com recognizes VAM-47 as the Zerbe proof dies, identified by a "thin die scratch up to right from left tip of serif of left upright of second U in UNUM." That die scratch is present here, along with other diagnostics for the rare variety. VAMworld.com states that "1921 proofs were made at the insistence of notable numismatist Farran Zerbe ... and as many as 200" pieces were produced.
From The Siegel Collection.

HID02901242017
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