1880-O $1 MS(PCGS#7114)

Summer 2025 Global Showcase Auction U.S. Coins

Auctioneer

Stack's Bowers

Lot Number

3118

Grade

MS65+

Price

26,400

Lot Description

Here is a stunning example of this leading condition rarity from the earliest years of the Morgan dollar series. Wisps of pretty champagne-pink peripheral iridescence enhance otherwise brilliant-white surfaces. Sharply struck and lustrous with very strong eye appeal for an issue that is typically offered no finer than MS-64. This premium Gem PCGS MS-65+ ranks among the most desirable survivors of a conditionally challenging Morgan dollar issue.<p>The 1880-O was not widely represented in the Treasury Department releases of the 1960s and it remains a surprising condition rarity compared to the surrounding issues. Over 5.3 million 1880-O dollars were struck in New Orleans and just about 120,000 Uncirculated examples remain for today's collectors. The vast majority of these are in grades of MS-63 or lower due to significant bagmarks and other signs of rough handling while in government storage. The 1880-O becomes a significant challenge in MS-64 and is rare at the Gem level with only about 100 coins known. With superior surface quality and plenty of eye appeal, this piece is surely a significant prize for advanced PCGS Set Registry participants.