1880-O $1 MS(PCGS#7114)

August 2021 ANA U.S. Coins Auction

Auctioneer

Stack's Bowers

Lot Number

4134

Grade

MS65

Price

9,000

Lot Description

Colorful Gem 1880-O Dollar Among the Finest Certified 1880-O Morgan Silver Dollar. MS-65 (PCGS). Here is a stunning example of this leading condition rarity from the earliest years of the Morgan dollar series. A kaleidoscope of neon color dazzles across the obverse, boasting rich shades of emerald-green, magenta and gold. The reverse is largely brilliant and snow-white, framed by subtle golden toning at the rim. Sharply struck and lustrous with very strong eye appeal for an issue that is typically offered no finer than MS-64. This Gem PCGS MS-65 ranks among the most desirable survivors of a conditionally challenging Morgan dollar issue. 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 improper 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 beautiful toning and superior surface quality, this piece is surely a significant prize for PCGS Set Registry participants. PCGS Population: 44; 10 finer in this category (MS-66 finest). PCGS# 7114. NGC ID: 2543. Click here for certification details from PCGS. Image with the PCGS TrueView logo is obtained from and is subject to a license agreement with Collectors Universe, Inc. and its divisions PCGS and PSA.