1893-O $1 MS(PCGS#7224)

1893-O $1 MS (PCGS#7224)

Spring 2026 Showcase Auction U.S. Coins

Losbeschreibung: This representative of an elusive key date New Orleans Mint Morgan dollar is a remarkable condition rarity. Minimally toned, golden-tinged surfaces allow full appreciation of superior satin mint luster. The strike is a bit soft over the central high points, typical of the issue, but the detail is appreciably sharper toward the rims. Carefully preserved and very nice for the assigned grade, this coin is highly recommended for an advanced Morgan dollar set.<p>At just 300,000 coins struck the 1893-O is the lowest mintage New Orleans Mint Morgan dollar. Apart from limited releases from the Cash Room of the Treasury Department Building from 1948 through 1955, this issue has never entered numismatic channels in quantity. By the late 1950s, in fact, the scarcity of the 1893-O in Mint State was already an established fact in the rare coin market, which conclusion was reinforced by its absence from the Treasury Department releases of 1962 to 1964. A poorly produced and preserved issue, the collector who is fortunate enough to locate an Uncirculated example in today's market is apt to be viewing an aesthetically unappealing coin in the MS-60 to MS-63 range. With sharply struck Gems all but unknown, the few well struck, lustrous and overall smooth MS-64s known to PCGS, NGC and CACG represent the finest realistically obtainable for this issue as far as most Morgan dollar enthusiasts are concerned. This is just such a coin, and it is sure to see spirited bidding.