1899 $1 PR(PCGS#7334)

November 2019 Baltimore U.S. Coins Auction

Auctioneer

Stack's Bowers

Lot Number

3120

Grade

PR68

Price

19,800

Lot Description

Virtually Pristine Proof 1899 Silver Dollar The Eliasberg Specimen Acquired Directly from the Mint in 1899 by J.M. Clapp 1899 Morgan Silver Dollar. Proof-68 (NGC). Beautiful champagne-pink iridescence over mirrored surfaces, the toning yielding to brilliance in the center of the obverse. The reverse is an especially early striking from the die and shows many raised striae, quite unusual, and a characteristic the specialist may wish to note. These are not hairlines, as hairlines from cleaning are recessed in the surface of the coin. Certainly, this is one of the finest remaining from a Proof mintage of 800 coins, and one of the first from the press. Proofs of this date are doubly desirable as circulation strikes in the finer Mint State grades are somewhat elusive. An impressive provenance that extends all the way back to the Philadelphia Mint in the year of issue further enhances the desirability of this lovely Superb Gem. Provenance: Ex J.M. Clapp, acquired directly from the Philadelphia Mint in December 1899; John H. Clapp; Clapp estate, 1942; Louis E. Eliasberg, Sr.; our (Bowers and Merena's) sale of the Louis E. Eliasberg, Sr. Collection, April 1997, lot 2310; Heritage's FUN Signature Sale of January 2012, lot 3377; Heritage's Long Beach Signature Sale of June 2015, lot 4152. NGC Census: 4; with a single Proof-68+ finer in this category. PCGS# 7334. NGC ID: 27ZX. Click here for certification details from NGC.