Stack's Bowers Galleries

June 2020 CA Auction  –  18 - 20 June 2020

Stack's Bowers Galleries, June 2020 CA Auction

U.S. Coins

Part 1: Th, 18.06.2020, from 11:00 PM CEST
Part 2: Fr, 19.06.2020, from 11:00 PM CEST
The auction is closed.

Description

1899 Morgan Silver Dollar. MS-66+ PL (PCGS). CAC.

Outstanding quality and eye appeal for the low mintage 1899 Morgan dollar, an issue with just 330,000 circulation strikes produced. The fields are remarkably reflective for the issue, and they support fully impressed design elements that exhibit a modestly satin texture. Fully struck and carefully preserved, the obverse alone is smooth enough to suggest a Superb Gem grade. Despite the limited mintage, the 1899 has survived in significant enough numbers that locating an example in most Mint State grades should prove easy under normal market conditions. As Wayne Miller noted in his popular Morgan and Peace Dollar Textbook, however, "Despite its ready availability in BU condition, the 1899-P [sic] is elusive in fully prooflike condition...When minimally bagmarked, they deservedly command a significant premium." A particularly significant find for the advanced collector of PL Morgan dollars, this is the single finest example in its category known to PCGS.

PCGS# 7259. NGC ID: 256B.

PCGS Population: 1; 0 finer in this category. CAC Population: 4; 0.

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Bidding

Price realized 4'600 USD
Starting price 1 USD
Estimate 5'000 USD
The auction is closed.
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