188
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Dollars
R
ARE
M
INT
S
TATE
1901 M
ORGAN
D
OLLAR
1225
1901
.
PCGS graded MS-63
. Housed in an Old Green
Holder. Mostly untoned. Scarce date in this grade. The ten-
dency for Mint State survivors to be poorly struck, heavily
abraded, and/or lackluster is particularly high on this issue.
Offered here is a Choice example. A sharply struck coin, in
fact, with fairly substantial and definitely satin white mint
bloom, some faint traces of very light bag marks on the
frosty face. Gem quality examples of this issue are virtually
impossible to find, since the 1901 Philadelphia Mint busi-
ness strike is among the "rarest of the rare." For all practi-
cal purposes, collectors should be satisfied with examples
that grade MS60 to 62, for gem quality examples almost
never appear on the market. This lovely Choice MS63 is
decidedly above average no matter how one chooses to
measure it.
Pop 116; 36 finer, 3 in 63+, 30 in 64, 2 in
65, 1 in 66
. (
PCGS # 7272
)
Estimated Value .................................... $10,000 - 11,000
1226
1901
.
PCGS graded AU-55
. Mostly untoned, a scarce, lus-
trous example. Despite having moderately high mintage, the
1901-P has always been elusive in choice circulated grades, and
very expensive in Mint condition. (
PCGS # 7272
)
Estimated Value ................................................... $300 - 350
1227
1901
.
PCGS graded AU-55
. Lightly toned. (
PCGS # 7272
)
Estimated Value ................................................... $300 - 350
1228
1901
.
PCGS graded AU-55
. Elusive in choice circulated
grades like this. Much luster remains.on this well struck exam-
ple. Silvery frost around the devices. (
PCGS # 7272
)
Estimated Value ................................................... $300 - 350
DPL 1901-O M
ORGAN
D
OLLAR
1229
1901-O
.
NGC graded MS-65 Deep Prooflike
. Nice gold
toning around the rims.
Pop 24; 1 finer in 66
. (
PCGS #
97275
)
Estimated Value ........................................ $4,000 - 4,500
1901-O D
EEP
P
ROOFLIKE
1230
1901-O
.
NGC graded MS-65 Deep Prooflike
. A hint of
gold tone near the rims. Pleasant satin luster ripples across
Liberty's profile untoned the usual bagmarks. Unlike the
usual frosty survivor with its sometimes diminished impres-
sion left by a weak blow of the (possibly worn) dies, this
handsome prooflike coin is very sharp from top to bottom,
center to outer rim dentils.
Pop 24; 1 finer in 66
. (
PCGS
# 7274
)
Estimated Value ........................................ $4,000 - 4,500
1231
1901-S
.
PCGS graded MS-65
. A nice frosty white coin. A
bright, untoned coin radiating mint glow on gorgeous Gem
quality silver surfaces. Nicely struck for the date, perhaps not
entirely so over Liberty’s ear, but certainly a coin that gets a nod
of approval where a complete design is difficult to achieve.
Pop
227; 36 finer, 4 in 65+, 29 in 66, 1 in 66+, 2 in 67
. (
PCGS
# 7276
)
Estimated Value ..............................................$2,600 - 2,700
1232
1902-S
.
PCGS graded MS-63
. Frosty and untoned. (
PCGS #
7282
)
Estimated Value ................................................... $450 - 500
1233
1903
.
PCGS graded MS-66
. A gleaming white Gem whose
satiny fields and bold devices advance it further in our estima-
tion. Housed in an Old Green Holder. (
PCGS # 7284
)
Estimated Value ................................................... $325 - 350
1234
1903-O
.
PCGS graded MS-65
. Mostly untoned and a Gem
BU with swirling luster that includes a smooth, satiny cheek.
One of the better survivors. (
PCGS # 7286
)
Estimated Value ................................................... $500 - 525
1235
1903-O
.
PCGS graded MS-65
. A particularly satin white
Gem. Before 1962, the ’03-O was believed to be the rarest Mor-
gan dollar in Uncirculated condition in the entire series! Then
along came a previously unknown government hoard of Uncir-
culated 1903-O Morgans. When released the coins became only
moderately scarce in mint-state grades but were now affordable
by everyone instead of a select few wealthy collectors. Since
most of the circulated 1903-O coins were melted over the years
the 1903-O silver dollars in Circulated grades cost nearly as
much as mint-state pieces. (
PCGS # 7286
)
Estimated Value ................................................... $500 - 525
