Lot 1835
1895 Morgan Dollar. NGC graded Proof 63 Cameo. A nice white cameo coin. Key date Morgan Dollar. This thoroughly original example displays uniform reflectivity as the coin is rotated under the light. The overpowering influence of the sleek mirrors is further improved by a strike that is typically sharp for the issue, with razor-sharp hair curls over Liberty's ear that are fully distinct. Silver-bright radiance gets emitted from the surface, features that explain why any grade-limiting hairlines are slightly highlighted. It seems the Philadelphia Mint supposedly delivered 12,000 business strike Silver Dollars in 1895, although no coins have ever been positively identified and some question where there ever were 12,000 business strikes. Either all were melted, or the entry in the archival record represents leftover 1894-dated coins that were not forwarded to the Treasury until June 1895. Regardless, we can say for certain that Morgan dollar specialists will have a field day anticipating the bidding on this Proof, such is the excitement that a Select quality survivor garners when collectors want a representative of the key 1895 Proof delivery. Only 880 Proofs struck. Pop 8; 66 finer in cameo. (PCGS # 7330) .
Estimated Value $35,000 - 39,000.
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