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Long Beach Signature US Coin Sale 1256  8-9 Jun 2017
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Lot 3777

Starting price: 1 USD
Price realized: 42 000 USD
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Morgan Dollars
1901 $1 MS64 PCGS. We rarely have an opportunity to offer a 1901 Morgan dollar in Choice condition. The date is genuinely rare this fine and prohibitively so any finer, fully embracing its status as one of the biggest condition keys in the series. The last two MS64 examples that we offered realized $47,000 and $51,700, respectively. The most recent Gem that sold at auction was an NGC coin in Bowers and Merena's November 2009 Baltimore auction, which realized more than $155,000. Clearly, the rarity of the 1901 Morgan dollar in high grade is not at all overstated.
This near-Gem offers a hint of light golden toning atop the usual satin luster. The strike is a trifle soft on the eagle's breast feathers but bold elsewhere. To the unaided eye, the coin appears a grade point finer, but a loupe reveals a few faint marks that affirm the MS64 designation. We look forward to this coin's sale with great anticipation. Population: 35 in 64, 3 finer (4/17).

HID02901242017
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