U.S. Coins Dollars Morgan Dollars (Proof)

1895 $1 PCGS Proof 67 Deep Cameo (Secure) ex: Coronet

Key Proof-Only Morgan Dollar Rarity

Eye Appeal:
Degree of Toning: 2/10
DLRC Inventory #: 1191128

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Auction Name: Internet Auction #952.
Closed On: Sunday, March 19, 2017 10:21 PM.
Realized: $146,500.
Pricing Guidance:
CDN CPG® Value: $198,000.00 (What's CPG®?)

Item Description:
The 1895 Morgan has long been considered the Kings of Morgan Dollars. The proof-only mintage of only 880 coins was already recognized by coin dealers at the end of the 19th century as being a key date coin of monumental rarity. While there have been people over the years that have claimed some of the alleged 12,000 documented business strike mintage exists, it has since been proven that the number was an accounting error at the Mint and was composed of a previous year's mintage. Thankfully for collectors, this proof-only date is almost exclusively known with a near perfect strike, deep liquid mirrors, and strong cameo contrast. The present example exhibits all of those traits to their fullest potential, and the surfaces are largely untoned save for a few select places of rose and magenta color around the rims. The slightest of hairlines on the highest point of the cheekbone, possibly from cabinet or album storage, account for the grade. PCGS has certified only 5 coins in this grade with a single PR68DCAM known, while NGC has certified 6 coins in this grade and 5 examples in 68DCAM.

DLRC Related Auction Data:
Title
Realized
Date Sold

1895 $1 PCGS/CAC Proof 67+ DCAM

$269,500.00

6/29/20

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Catalog Details:
PCGS #: 97330 ()
Catalog: U.S. Coins
Category: Dollars
Series: Morgan Dollars (Proof)
Type: Morgan
Years for Type: 1878-1921
Strike: Proof
Denomination: Silver dollar
Mint Location: Philadelphia
Designer: George T. Morgan
Composition: 90% silver; 10% copper
Weight: 26.73g
Edge Type: Reeded
Mintage: 880