Heritage World Coin Auctions
Dallas Signature US Coin Sale 1265 7-8 Dec 2017
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Morgan Dollars
1893-S $1 AU53 NGC. The 1893-S is one of the most desirable issues in the Morgan dollar series. It is also the single rarest circulation strike in Mint State, and even AU coins are elusive. Q. David Bowers, in A Guide Book of Morgan Silver Dollars, fifth edition, writes: "The majority of known pieces, into the thousands, are in the single grade category of Very Fine. Not G or VG, not EF or AU, but VF. Most such pieces circulated in the American West, and for an appropriate but apparently restricted time, to bring them to this grade. ... among the great Treasury release coins of 1962 through 1964, no bag or even small group was found, although many stray pieces were identified, nearly all in the aforementioned VF grade."
The collector who desires to acquire a high-grade 1893-S for his/her collection will want to give serious consideration to the AU53 example in this lot. A fair amount of luster remains in the recessed areas, and the coin is essentially untoned. The design elements are sharp, though light wear is visible in portions of Liberty's hair and on the eagle's breast. When tilted beneath a light, slight reflectivity emerges from the protected portions of the fields. A few wispy circulation marks on each side do not detract.
Ex: Central States Signature (Heritage, 5/2007), lot 2180.
HID02901242017
1893-S $1 AU53 NGC. The 1893-S is one of the most desirable issues in the Morgan dollar series. It is also the single rarest circulation strike in Mint State, and even AU coins are elusive. Q. David Bowers, in A Guide Book of Morgan Silver Dollars, fifth edition, writes: "The majority of known pieces, into the thousands, are in the single grade category of Very Fine. Not G or VG, not EF or AU, but VF. Most such pieces circulated in the American West, and for an appropriate but apparently restricted time, to bring them to this grade. ... among the great Treasury release coins of 1962 through 1964, no bag or even small group was found, although many stray pieces were identified, nearly all in the aforementioned VF grade."
The collector who desires to acquire a high-grade 1893-S for his/her collection will want to give serious consideration to the AU53 example in this lot. A fair amount of luster remains in the recessed areas, and the coin is essentially untoned. The design elements are sharp, though light wear is visible in portions of Liberty's hair and on the eagle's breast. When tilted beneath a light, slight reflectivity emerges from the protected portions of the fields. A few wispy circulation marks on each side do not detract.
Ex: Central States Signature (Heritage, 5/2007), lot 2180.
HID02901242017