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Heritage World Coin Auctions
ANA Signature US Coin Sale 1258  2-6 Aug 2017
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Lot 4055

Starting price: 1 USD
Price realized: 9000 USD
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Morgan Dollars
1894-S $1 MS66 PCGS. The 1894-S is a better date in all grades, although it was not always so. The date was available in bag quantities from the San Francisco Mint vaults until the 1950s, although few of the coins distributed during that period went directly into numismatic hands and were preserved. When the Treasury releases of the early 1960s occurred, the government supply of the 1894-S was already exhausted. Thus, the supply of high-grade Mint State coins today is remarkably small.
We occasionally see Gems come through our auctions but the eye appeal of those pieces varies somewhat from coin to coin. The technical quality demanded by the MS66 grade makes eye appeal more reliably good throughout the population of this grade -- which is decidedly small. In more than two decades, we have previously handled a Premium Gem on only 16 occasions, composed of even fewer distinct coins. This fresh example is highly lustrous, frosty, and nearly pristine. The obverse shows some faint roller marks under a loupe that are invisible to the unaided eye. Minor strike weakness is seen on the central high points. Population: 15 in 66 (2 in 66+), 2 finer (6/17).

HID02901242017
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