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Heritage World Coin Auctions
ANA Signature US Coin Sale 1258  2-6 Aug 2017
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Lot 4071

Starting price: 1 USD
Price realized: 35 000 USD
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Proof Morgan Dollars
1901 $1 PR68 Cameo NGC. Ex: Chappell Collection. The Morgan dollar saw 813 proofs struck in 1901, most of which were distributed as part of the silver proof sets of the year. As high-grade circulation-strike 1901 dollars are rare and seldom offered for sale at any price, there is a high demand for finer-grade proof issues.
The 1901 proof Morgan is scarce in all Cameo grades. NGC lists only 26 Cameos, with the current PR68 Cameo and one other of the same grade tied for the finest. PCGS also lists a PR68 Cameo with none finer. A PR66 ★ Ultra Cameo NGC coin is the only Ultra/Deep Cameo known, and it is two grade points below the present example (6/17). This piece is brilliant, starkly contrasted, and pristine. Eye appeal is exceptional. Prices realized in our auctions for the 1901 proof in this grade during the past decade range from more than $38,000 to $57,500. We anticipate strong interest in this piece from Morgan dollar connoisseurs.

HID02901242017
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