1887-O $1 MS(PCGS#7176)

Spring 2019 Baltimore U.S. Coins Auction

Auctioneer

Stack's Bowers

Lot Number

1108

Grade

MS66

Price

21,600

Lot Description

Condition Rarity 1887-O Morgan Dollar Tied for Finest Known 1887-O Morgan Silver Dollar. MS-66 (PCGS). This is a brilliant, overall pristine Gem with a bold strike and outstanding visual appeal. Thanks to the dispersal from federal storage of numerous mint-sealed bags beginning in the late 1930s, the 1887-O was one of the more available New Orleans Mint Morgan dollars in Mint State prior to the Treasury Department releases of the early to mid 1960s. Additional examples entered numismatic circles from 1962 through 1964 and, today, this issue is readily obtainable in grades up to and including MS-64. Gems in MS-65 are surprisingly scarce, however, and in MS-66, as here, the issue is nothing short of rare. When taken in context of the typical Uncirculated example of this issue, the situation becomes clear as most Uncirculated examples are poorly struck, heavily abraded and/or lackluster in appearance. The premium quality example offered here is one of just a handful of truly stunning examples of the issue, and it represents a significant find for the discerning Morgan dollar enthusiast or Registry Set player. PCGS Population: 15; none finer. PCGS# 7176. NGC ID: 2552. Click here for certification details from PCGS.