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Auction: 1116
1895-O $1 MS62 PCGS....
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Sold for: Sign-in or Join (free & quick) (includes BP) Bid Source: Internet
Ended: Sep 18, 2008
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Buyer's Premium: 15% of the successful bid (minimum $9.00 per lot)
Auction Name: 2008 September Long Beach, CA US Coin Signature Auction #1116
Description: Heritage Numismatic Auctions offers U.S. and World coins, medals, and tokens in our Signature Auctions & Final Session Sales, held in conjunction with some of the largest numismatic conventions. These sales feature award-winning cataloging and photography. Call or e-mail one of our Consignment Directors to learn about selling through Heritage.
Auction Type: Signature: !! Heritage Live: After Internet bidding closes, live bidding will take place through www.HA.com/Live. Your secret maximum bid placed prior to the live event will compete against the live bids. To maximize your chances of winning, enter realistic secret maximum bids on our site. Many of our proxy bidders are successful at winning lots in these auctions, and usually below their secret maximum. You can also place last minute bids directly with us by e-mailing Bid@HA.com or calling 1-866-835-3243. (Important note: Due to software and Internet latency, live bids may not register in time, so enter realistic proxy bids.)

This lot is in:  Signature Floor Session (Live Floor, Live Phone, Mail, Fax, Internet, and Heritage Live) (lots 1-4546)
Internet bidding ends at 10:00PM CT the night before the floor session for this lot. During the live auction event, bidding in person is encouraged, and Heritage Live includes streaming audio and often video during the event.

Item Activity: 6 Internet/mail bidders, 695 page views

Description
1895-O $1 MS62 PCGS. While the 1895-O has always been something of a darling among Morgan dollar enthusiasts, particularly in higher grades, enough circulated examples have been through the marketplace that collectors have been able to assume its ready availability in almost all non-Mint State grades. As noted by Q. David Bowers in his A Guide Book of Morgan Silver Dollars, "There are scads of high EF and AU coins around, indicating that many 1895-O dollars must have been in circulation for only a short time ... "
Also noteworthy is that almost all of the 1895-O dollars were paid out, with virtually none left to languish in Treasury vaults, unlike the majority of Morgan dollar issues. In the Guide Book, Bowers further notes: "The 1895-O emerged as the single circulation-strike variety that is not known to have been a part of any Treasury releases via bags." He later clarifies that he has " ... found no account or even a rumor of any [1895-O dollars] being a part of the 1962 through 1964 Treasury release."
With so many survivors showing evidence of circulation, Mint State representatives of this issue are treasures, and the present coin is no exception. The strike is surprisingly bold, with individual feathers showing on the eagle's breast, and the highly lustrous surfaces show only occasional hints of golden patina. While an abrasion at Liberty's upper hair and smaller, scattered marks preclude Select status, the overall eye appeal remains high. An excellent choice for the Morgan dollar aficionado. Population: 37 in 62, 36 finer (8/08).(Registry values: P9, N4719) (#7236)


Bid Now on Items Just Like This One
Lot Bidding Ends Grade Service Current Bid
Auction 1121, Lot 5035 Friday, January 9, 2009 MS62 PCGS $25,500.00
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Previous Prices from Heritage Auctions
Lot Date Grade Service Realized
Auction 414, Lot 5376 Monday, August 14, 2006 62 PCGS $37,375.00
Auction 400, Lot 2258 Saturday, February 11, 2006 62 PCGS $32,200.00
Auction 328, Lot 8833 Tuesday, July 29, 2003 62 ANACS $9,775.00
Auction 226, Lot 5349 Friday, May 5, 2000 62 PCGS $12,650.00
Auction 195, Lot 5174 Friday, January 8, 1999 62 PCGS $15,525.00
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