1895 $1 PCGS Proof 67 Deep Cameo (Secure) ex: Coronet
Key Proof-Only Morgan Dollar Rarity
Closed On: Sunday, March 19, 2017 10:21 PM.
DLRC #: 1191128 // PCGS #: 97330
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.