1901 $1 MS(PCGS#7272)

Spring 2025 Showcase Auction U.S. Coins

Auctioneer

Stack's Bowers

Lot Number

4376

Grade

MS63

Price

7,800

Lot Description

The obverse and reverse are bright and satiny, with ample luster to please the eye and a brilliant appearance overall. The strike is solid with good separation on Liberty's curls over the ear and the eagle's breast is reasonably well defined. Produced to the extent of 6,962,000 circulation strikes, the 1901 has a generous mintage by Morgan dollar standards. The number of coins struck, however, conceals the rarity of this issue in Mint State. Thousands of examples seem to have been released into circulation at or near the time of striking. Even so, much of the mintage was likely retained in federal vaults until destroyed pursuant the terms of the 1918 Pittman Act. The 1901 is the scarcest Philadelphia Mint Morgan dollar in Mint State, the present offering a scarce find in today's market.