1885 $1, DMPL MS(PCGS#97159)

Spring 2025 Showcase Auction U.S. Coins

Auctioneer

Stack's Bowers

Lot Number

4303

Grade

MS66DMPL

Price

3,120

Lot Description

The Philadelphia Mint delivered 17,787,000 circulation strike silver dollars in 1885, one of the more generous totals in the Morgan series. Thousands of these coins remained in federal storage until released by the Treasury Department from the 1930s through the early 1960s. Q. David Bowers (1993) notes that the year 1954 saw a particularly large dispersal of this issue. With many of these coins finding their way into numismatic hands, the 1885 is the most plentiful pre-1921 Philadelphia Mint Morgan dollar in Mint State after only the 1886 and 1887. Quality conscious type collectors are also drawn to this issue due to the beauty of most PL and DMPL examples in today's market. This is just such a coin, although at the premium Gem grade level it is a decided condition scarcity whose offering in this sale represents a noteworthy bidding opportunity.