1896-O $1 MS(PCGS#7242)

June 2025 Showcase Auction U.S. Coins

Auctioneer

Stack's Bowers

Lot Number

2270

Grade

MS63

Price

5,520

Lot Description

A brilliant and lustrous example with superior quality and eye appeal in an example of this conditionally challenging New Orleans Mint issue. In an absolute sense, the 1896-O Morgan dollar is of unremarkable scarcity. With a mintage figure of nearly 5 million pieces, examples up through Choice About Uncirculated can be obtained with minimal effort and expenditure. In spite of the liberal production figure, the vast majority of coins were subjected to circulation and relatively few pieces were hoarded in Treasury vaults. Choice Mint State pieces are relatively elusive in the marketplace, with true Gems remaining virtually unobtainable. The present MS-63 represents a significant find for the Morgan silver dollar enthusiast.