1898-S $1 MS(PCGS#7256)

Spring 2025 Showcase Auction U.S. Coins

Auctioneer

Stack's Bowers

Lot Number

4369

Grade

MS62

Price

2,520

Lot Description

A scarce issue in all Mint State grades by the standards of the Morgan series, the 1898-S was not widely represented in the Treasury Department silver dollar releases of 1962 to 1964. Numerous bags that had been stored at the San Francisco Mint were released to the general public during the 1920s, 1940s and 1950s, but numismatic interest was limited at the time and the coins were dispersed far and wide. Many pieces even found their way to Nevada casinos during the mid-20th century. By the time of the GSA sales of 1972 to 1980, hardly any examples remained in government holding and, indeed, the present coin is one of only 11 coins in the original GSA Soft Pack certified by NGC. It is a pleasing BU example with brilliant, satiny surfaces and a bold to sharp strike.<p>The original envelope and card are not included.