1891-S Morgan Silver Dollar. MS-65 DMPL (CACG).
This gorgeous Deep Mirror Prooflike Gem offers razor sharp striking detail, deep cobalt-blue peripheral toning, and memorable eye appeal. Nicely reflective fields add to its desirability, especially since they contrast nicely with lightly frosted motifs. The San Francisco Mint produced 5,296,000 silver dollars in 1891, a respectable total by the standards of the Morgan series, especially for an issue from the 1890s. Quantities of examples dribbled out of storage in the West Coast mint during the earliest decades of the 20th century, followed by significant releases in the early 1940s. Few coins emerged thereafter, and there is no record of the 1891-S being represented in quantity during the Treasury Department releases of 1962 to 1964. The estate of LaVere Redfield did contain at least 5,000 examples, the quality almost universally poor due to the coins displaying numerous bagmarks. Thanks to the distributions of the 1940s and the Redfield Hoard, the 1891-S is readily available in lower Mint State grades. Gems are elusive, however, and 95% of the DMPL examples that have been certified grade no finer than MS-64. Here, then, is a true condition rarity that is sure to see spirited bidding at auction.
PCGS# 97211. NGC ID: 255K.

Estimate: $13000