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1893-O Morgan Dollar PCGS MS65+ DMPL CAC

2023-09-06 21:07:00
1893-O Morgan Dollar PCGS MS65+ DMPL CAC
Posted in: News, News

1893-O Morgan Dollar PCGS MS65+ DMPL CAC

Rick Tomaska's Live Auction Featured Coin

Thursday, September 7th, 2023

 

Join our auction live at 5 PM PST / 8 PM EST

on Directv 222 and Dish 85/224

Or on our Website or YouTube

 

Our Private Advisory Coin Team has early access to our weekly auction coins. Pre-bidding is now open for this week's stunning selections. Call our Private Advisory Coin team at (800) 778-0624 to join our auction bidding. Your Personal Advisor can accept your confidential bid for this coin.

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  • Mintage: 300,000
  • NGC Population: 0/0
  • PCGS Population: 2/0
  • CU Price Guide: $500,000
  • C.A.C. Price Guide: $432,000
  • Lowest mintage Morgan Silver Dollar from the New Orleans Mint!
  • While the 1893-O $1 is difficult to locate an any Uncirculated condition, locating a Prooflike specimen in any grade is significantly more challenging.
    • In total NGC & PCGS have combined to designate 47 coins in Prooflike and only 19 coins in Deep Mirror Prooflike.
  • Gem specimens for the 1893-O $1 regardless of designation are nearly impossible to come across, with less than a dozen instances of one selling in the last thirty-plus years.
    • In MS65 NGC has certified 3 to PCGS’s 7 with none numerically finer.
    • For MS65PL NGC & PCGS have not certified any in the grade, but a single MS66PL has been graded by PCGS. This piece sold in 2017, for over $410,000.
    • As for MS65DMPL, NGC has certified a single piece MS65DPL while PCGS has certified 2 coins MS65+DMPL.
  • The other MS65+DMPL example, the Jack Lee specimen, sold during the COVID-19 Pandemic in 2020, for $360,000.
  • At the time of the sale, it was in a standard MS65DMPL holder and later upgraded to MS65+DMPL. Today the estimated price for a MS65 is listed at $425,000.
  • Commentary during the sale stated only one other 1893-O $1 rivaled the Jack Lee specimen, that example of course being the specimen offered here.