1903 $1, CAM PR(PCGS#87338)

1903 $1, CAM PR (PCGS#87338)

Winter 2022 U.S. Coins Auction

Lot Description: Stellar Superb Cameo Proof 1903 Dollar 1903 Morgan Silver Dollar. Proof-68 Cameo (NGC). The untoned surfaces of this lovely specimen that allow full appreciation of the predominantly brilliant finish for which this late date Proof Morgan dollar issue is known. There is, however, some field to device contrast - a rarity for the date. Razor sharp in striking detail, as expected for a Proof, with silky smooth surfaces that border on pristine. In autumn 1901 the Philadelphia Mint relocated certain of its equipment and all of its personnel to a new building. It seems that in 1902 someone new was in charge of preparing Proof dies, as he polished the portraits, instead of keeping them frosty and matte. All of the 1903 Proof coins are of this format, most noticeable on the larger denominations such as the Morgan dollar and double eagle. Polished portraits continued to be used intermittently for several years after that. Proof dollar coinage in 1903 amounted to 755 pieces, most of which have survived. On the other hand, few were produced with enough contrast to secure a Cameo designation from PCGS or NGC, and even fewer were preserved with the utmost care to qualify for a Superb Gem grade. This is a strike and condition rarity fit for the finest collection. NGC Census: 6; 0 finer in this category. PCGS# 87338. NGC ID: 2823. Click here for certification details from NGC.