Jackson Hole Collection: Former #1 Morgan Dollar Registry Set Selling In Heritage's April Dallas Signature Auction

Dallas, TX: Heritage's April 9-10 Dallas Signature Auction will feature the Jackson Hole Collection of Morgan Dollars. This magnificent set was previously listed as the #1 PCGS Registry set in several categories, and is now the #2 Current and #2 All-Time Finest set on the Registry (Morgan Dollars with Varieties, Circulation Strikes, 1878-1921; Morgan Dollars Date Set, Circulation Strikes 1878-1921). The lots will also be available for viewing in Baltimore, March 22-25.

"The numismatist who assembled The Jackson Hole Collection" noted Heritage President Greg Rohan, "started collecting coins at the age of ten. While he pursued his undergrad­uate and medical degrees, he maintained what he describes as 'numismatic interest at a distance,' following developments such as certification and general market trends. As his medical practice became well-established, he was able to devote more time and financial resources to numismatics, and he chose the Morgan dollars for their fascinating history and aesthetic appeal. Before he began purchasing coins widely, he bought and studied every book on Morgans he could find, and then began a serious contemplation of third-party grading. After educating himself thoroughly on Morgan grading nuances, he began to purchase uncertified coins to test himself through submissions. Only after he felt he had become proficient did he indulge in the majority of his purchases. The quality shows."

"One of the advantages of this approach," concluded Rohan, "was that he looked at all coins with a 'fresh' eye, typically covering the certified grade insert until he had established his own opinion. This approach resulted in several financial bonuses through upgrades or recognizing VAM rarities (his 'common' 1880 Morgan became tied for finest known (MS66) 1880-CC 8/7 Rev. of 1878 VAM-7. His persistence paid off on many such purchases."

Highlights from The Jackson Hole Collection -- The Former #1 All-Time PCGS Morgan Dollar Registry Collection

Lot 1: 1878 8TF MS67 PCGS, VAM-14.3.
The 8TF, 7TF, and 7/8TF Morgans are often the first varieties encountered by numismatists. The certified Population is 2 in 67, with none finer (2/07).

Lot 10: 1879-CC Capped Die MS65 PCGS, VAM-3. A Top 100 Variety.
A prized rarity in Mint State among Morgan dollar specialists.

Lot 13: 1879-S Reverse of 1878 MS66 PCGS, A Top 100 Variety.
Pressure to meet the demand placed on the various mints by the Bland-Allison Act to crank out millions of silver dollars perhaps resulted in the San Francisco Mint using a few leftover dies from the previous year. Population: 2 in 66, 0 finer (2/07).

Lot 20: 1880-CC 8/7 Reverse of 1878 MS67 PCGS, VAM-7, R.4.
For the Morgan dollar connoisseur seeking the finest available quality, this is a remarkable opportunity, with a population of only 2 in 67, and none finer (2/07).

Lot 42: 1884-S MS63 PCGS.
The '84-S is a rarity in Mint State grades, a fact not widely recognized until the 1930s; only 16 have been certified finer.

Lot 57: 1888-O Scarface MS63 PCGS, VAM 1B, A Top 100 Variety.
This is the largest and one of the most spectacular die cracks on any Morgan silver dollar; only one certified finer.

Lot 61: 1889-CC MS64 Prooflike PCGS.
The '89-CC is easily the rarest Carson City Mint Morgan dollar, and none have been certified finer in prooflike.

Lot 76: 1892-S MS66 PCGS.
This is a sensational example, and among the finer pieces we have handled; One of only 3 certified 66, with 6 finer (2/07).

Lot 77: 1893 MS66 PCGS.
The strike on this example is above average, and the eye appeal is exceptional; 378,000 examples were coined in Philadelphia during the year, and only 3 certified in 66 with 1 finer (2/07).

Lot 80: 1893-S MS63 PCGS.
In all grades, this date is the rarest of all Morgan dollars; only 9 certified in 63, with 11 finer (2/07).

Lot 81: 1894 MS65 PCGS.
The design elements are boldly detailed, but the incredible luster and mint frost of this example are seldom encountered on any example of this date; only 3 have been certified finer.

Lot 82: 1894-O MS65 PCGS.
This is a gorgeous Gem with brilliant surfaces accented by light peripheral gold color on one of the most important condition rarities in the series; none have been certified finer.

Lot 84: 1895-O MS64 PCGS.
This date is one of the rarest Morgan dollars in Mint State grades, and it is extremely rare in Choice and Gem grades.

Lot 90: 1897-O MS66 PCGS.
The '97-O is another date that is conditionally rare, being rare in Mint State, and extremely rare in Gem. Population is only 5 in 66, with 2 finer (2/07).

Lot 103: 1901 MS64 PCGS.
For the serious collector, this date is one of the biggest challenges in the series; only 3 have been certified finer (2/07).

Lot 116: 1904-S MS67 PCGS.
A key date, and Gem or finer pieces are truly elusive; the certified population is 2 in 67, with none finer (2/07).

Lot 120: 1895 $1 PR66 Deep Cameo PCGS.
Simply, 1895 is the date with the most cachet in the Morgan series, and in this illustrious grade has few equals; only 4 finer (3/07). From The Jackson Hole Collection.

Lot 122: 1879 Morgan Half Dollar, Judd-1601, Pollock-1796, High R.6, PR66 PCGS.
The obverse is essentially identical to the issued Morgan dollar, although reduced in scale for the half dollar denomination pattern.

Images, descriptions, and prices realized from all of Heritage's previous auctions are available in the Permanent Auction Archives at the Heritage website, www.HA.com.

To reserve a copy of the catalog for any upcoming Heritage auction, please contact Client Services, Heritage Auction Galleries, 3500 Maple Avenue, 17th Floor, Dallas, TX 75219, or call 1-800-872-6467.