Heritage World Coin Auctions
Summer FUN Signature US Coin Sale 1257 6-7 & 9 Jul 2017
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Morgan Dollars
1884-S $1 MS61 PCGS. CAC. The 1884-S Morgan dollar is one of the leading condition rarities of the series, despite its reported mintage of 3.2 million pieces. Some of the mintage was released into circulation at an early date, and the issue has always been available in circulated grades, causing numismatists of the first half of the 20th century to overlook its rarity in high grade. It seems likely that most Uncirculated examples held in government storage in the early days were melted in 1918, under the provisions of the Pittman Act. In any case, the 1884-S was not well-represented in the Treasury releases of the 1960s, and its elusive nature in high grade has been better appreciated ever since.
The present coin is an attractive MS61 specimen, with well-detailed design elements that show just a touch of the usual softness on the hair above the ear. The fields display a mix of satiny mint luster and prooflike reflectivity and the surfaces exhibit the expected number of minor contact marks for the grade.
HID02901242017
1884-S $1 MS61 PCGS. CAC. The 1884-S Morgan dollar is one of the leading condition rarities of the series, despite its reported mintage of 3.2 million pieces. Some of the mintage was released into circulation at an early date, and the issue has always been available in circulated grades, causing numismatists of the first half of the 20th century to overlook its rarity in high grade. It seems likely that most Uncirculated examples held in government storage in the early days were melted in 1918, under the provisions of the Pittman Act. In any case, the 1884-S was not well-represented in the Treasury releases of the 1960s, and its elusive nature in high grade has been better appreciated ever since.
The present coin is an attractive MS61 specimen, with well-detailed design elements that show just a touch of the usual softness on the hair above the ear. The fields display a mix of satiny mint luster and prooflike reflectivity and the surfaces exhibit the expected number of minor contact marks for the grade.
HID02901242017