1878-S $1, DMPL MS(PCGS#97083)

1878-S $1, DMPL MS (PCGS#97083)

The Regency Auction 38

Lot Description: The 78-S is a common date in MS66 and is rare in MS66 PL, it is excessively so in MS66 DMPL. The present coin is tied for FINEST NGC-graded example in the DPL category, this coin is housed in a slightly older generation NGC holder. Thickly frosted devices stand out boldly against the watery reflective fields. Both sides possess a vivid mint brilliance that comes to life in the light. The crispness of the striking details and bold contrast gives this coin, at first glance, the appearance of a Proof. The peripheries are framed by a narrow band of deep gold and light blue which gives the shimmering silver brilliance of the surfaces an even bolder visual impact. PCGS 3, NGC 2. NO MS66 DMPL graded by either service has ever sold in auction! Let that fact sink in; in 33 years of 3rd party coin grading, no example MS66 DMPL 1878-S has EVER sold in auction. That is EXCESSIVELY RARE. The current Collectors Universe value is listed at $22,500 and only time will tell if that is low or high. Truly a coin that deserves placement in an exceptional Morgan dollar collection. Good luck! Cert. Number 1553658-001 PCGS # 97083.00