May 26-27, 2003, The Dr. Jacob Terner Collection, Sale 20

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U. S. Coins

U.S. Silver Dollars

Morgan Dollars

 

Lot 765 Click on photo for enlarged version Click on photo for enlarged version
1890-S. MS-64 Redfield Holder. An intensely frosty mint example with eye-popping "bulls-eye" toning consisting of bright white in the center surrounded by hues of violet and blue.
Estimated Value $200-250.
From the Redfield collection, encapsulated by Paramount International Coin Corp and graded Mint State 65.

 

Lot 766
1891. PCGS graded MS-63 Premium Quality.
Estimated Value $80-100.
"Coco and Misha's Morgans" PCGS Registry Set ranked 15th finest.

 

Lot 767 Click on photo for enlarged version Click on photo for enlarged version
1891-CC. PCGS graded MS-63. White and frosty throughout.
Estimated Value $350-400.
"Coco and Misha's Morgans" PCGS Registry Set ranked 15th finest.

 

Lot 768 Click on photo for enlarged version Click on photo for enlarged version
1891-CC. PCGS graded Fine-15.
Estimated Value $50-60.

 

Lot 769 Click on photo for enlarged version Click on photo for enlarged version
1891-O. PCGS graded MS-64. Better than average strike for this New Orleans mint dollar.
Estimated Value $350-400.
"Coco and Misha's Morgans" PCGS Registry Set ranked 15th finest.

 

Lot 770 Click on photo for enlarged version Click on photo for enlarged version
1891-S. PCGS graded MS-64. Delicate natural rose toning around the edges.
Estimated Value $160-180.
"Coco and Misha's Morgans" PCGS Registry Set ranked 15th finest.

 

Lot 771 Click on photo for enlarged version Click on photo for enlarged version
1892. PCGS graded MS-64. Satiny surfaces. A light mark on the left obverse field takes this coin out of the MS-65 grade.
Estimated Value $400-450.
"Coco and Misha's Morgans" PCGS Registry Set ranked 15th finest.

 

Lot 772 Click on photo for enlarged version Click on photo for enlarged version
1892-CC. PCGS graded MS-64. Nice bright coin, truly white with hardly any marks in the fields.
Estimated Value $1,000-1,100.
"Coco and Misha's Morgans" PCGS Registry Set ranked 15th finest.

 

Lot 773 Click on photo for enlarged version Click on photo for enlarged version
1892-CC. PCGS graded Good-6.
Estimated Value $50-55.

 

Lot 774 Click on photo for enlarged version Click on photo for enlarged version
1892-O. PCGS graded MS-64. A very choice example for the grade.
Estimated Value $350-450.
"Coco and Misha's Morgans" PCGS Registry Set ranked 15th finest.

 

Splendid Gem 1892-S Morgan Dollar

Lot 775 Click on photo for enlarged version Click on photo for enlarged version
1892-S. PCGS graded MS-65 PQ. One of only three MS-65 examples of this date graded by PCGS and a recent addition to the census (as late as February 2002, PCGS had graded only 1 MS-65). PCGS reports only 10 examples finer (4 in MS-66, 5 in MS-67, and 1 in MS-68). Thus, the hundreds of thousands of Morgan Dollar collectors have only a baker's dozen of PCGS certified Gem or better 1892-S Dollars from which to choose! The example offered here is snowy white and fully lustrous, with brilliant surfaces and bold "cartwheels" on both sides. Liberty's cheek is nice and smooth, broken only by a row of five milling marks just left of and below her ear. The reverse is perfect except for a mark on the eagle's breast. The strike is sharp, with full hair over Liberty's ear, and excellent details on the eagle's breast feathers. Comparables: in February 2002, the Benson II example (Lot 1467, then the only PCGS certified MS-65 example) was bought back by the consignor for $112,700 afterwhich we sold privately. This, then, is a new, wonderful opportunity for the advanced collector to purchase one of the classic condition-rarities of the Morgan Dollar series.
Estimated Value $60,000-80,000.

 

Lot 776 Click on photo for enlarged version Click on photo for enlarged version
1892-S. PCGS graded AU-53 Premium Quality. A key date and very popular in this grade. Well struck and a case can be made to grade this a few points higher.
Estimated Value $2,500-3,500.
"Coco and Misha's Morgans" PCGS Registry Set ranked 15th finest.

 

Lot 777 Click on photo for enlarged version Click on photo for enlarged version
1893. PCGS graded MS-63. Fresh and well struck for this date.
Estimated Value $600-700.
"Coco and Misha's Morgans" PCGS Registry Set ranked 15th finest.

 

Lot 778 Click on photo for enlarged version Click on photo for enlarged version
1893. Fine-15. Dipped.
Estimated Value $70-80.

 

Lot 779 Click on photo for enlarged version Click on photo for enlarged version
1893-CC. PCGS graded MS-64. A magnificent example, well struck and fully lustrous with surfaces overlaid with natural violet deepening to blue about the borders on both sides. A stunning coin that is worthy of a premium bid. Population of 269 with only 7 higher, all by a point.
Estimated Value $5,000-6,000.

 

Lot 780 Click on photo for enlarged version Click on photo for enlarged version
1893-CC. PCGS graded MS-62 Prooflike Premium Quality. A trifle soft in the centers, however, with very few marks and a coin that should be regraded.
Estimated Value $3,000-4,000.
"Coco and Misha's Morgans" PCGS Registry Set ranked 15th finest.

 

Lot 781 Click on photo for enlarged version Click on photo for enlarged version
1893-CC. PCGS graded Good-6. Even wear and lightly toned.
Estimated Value $100-105.

 

Lot 782 Click on photo for enlarged version Click on photo for enlarged version
1893-O. PCGS graded MS-62. A nice white example. This a rare date that is seldom seen in this condition. Popular and in demand.
Estimated Value $1,500-1,800.
"Coco and Misha's Morgans" PCGS Registry Set ranked 15th finest.

 

Lot 783 Click on photo for enlarged version Click on photo for enlarged version
1893-O. PCGS graded VG-8. Just honest even wear.
Estimated Value $50-60.

 

Key Date 1893-S Morgan Dollar

Lot 784 Click on photo for enlarged version Click on photo for enlarged version
1893-S. AU-53. A strong AU example of this key to the Morgan Dollar series. Rare in all grades, even Good, but especially desirable in high, circulated grades. Lots of luster, but not lots of wear. A shallow, natural lamination flaw appears in the left obverse field by the fourth and fifth stars (this was caused by gas bubbles in the metal, creating a void that the pressures of the coining process failed to erase). A prize coin for the Morgan Dollar specialist and a nice alternative to the pricey Mint State examples of this date.
Estimated Value $12,000-14,000.

 

High Grade 1893-S Morgan Dollar

Lot 785 Click on photo for enlarged version Click on photo for enlarged version
1893-S. PCGS graded AU-50 Premium Quality. Lightly toned and a good quantity of mint luster still present. Next to the proof-only 1895, this is The Key Date to this series. Sharp with excellent detail and less friction than one would expect for this numerical grade. Very popular in this grade.
Estimated Value $12,000-14,000.
"Coco and Misha's Morgans" PCGS Registry Set ranked 15th finest.

 

Lot 786 Click on photo for enlarged version Click on photo for enlarged version
1894. PCGS graded MS-63. A well struck example, white and frosty. Popular low mintage date.
Estimated Value $2,000-2,400.
"Coco and Misha's Morgans" PCGS Registry Set ranked 15th finest.

 

Lot 787 Click on photo for enlarged version Click on photo for enlarged version
1894-O. PCGS graded MS-63. A hint of light lilac toning, otherwise, fresh and white. Very choice for the grade. Population of 188 with 184 in MS-64 and 8 in MS-65.
Estimated Value $1,700-2,000.
"Coco and Misha's Morgans" PCGS Registry Set ranked 15th finest.

 

Lot 788 Click on photo for enlarged version Click on photo for enlarged version
1894-S. PCGS graded MS-64. Well struck and white.
Estimated Value $900-1,000.
"Coco and Misha's Morgans" PCGS Registry Set ranked 15th finest.

 

Lot 789 Click on photo for enlarged version Click on photo for enlarged version
1894-S. NGC graded MS-63. A frosty, untoned mint specimen.
Estimated Value $600-700.

 

The "King" of Morgan Silver Dollars

Lot 790 Click on photo for enlarged version Click on photo for enlarged version
1895. PCGS graded Proof 67 Cameo. A pure white beauty, featuring nice contrast between the frosted devices and brilliant fields. PCGS reports 4 in this grade, with no finer examples in the "Cameo" designation; in fact, the only better examples are 4 in 67DCAM and 1 in 68DCAM). From the CoinFacts website (www.coinfacts.com): "Called the 'King of Morgan Dollars', the 1895 is one of the most desirable and sought-after dates in the series. Although Mint records indicate a mintage of 12,000 circulation strikes, experts believe that only 880 Proofs were made in 1895. The existence of several circulated examples confuses the issue, but those are believed to have been Proofs that were spent inadvertently. Ownership of this popular rarity is the true measure of completeness for a collection of Morgan Dollars - the 1895 Proof is the only real 'stopper' in the series." The 1895 Morgan Dollar was recently included in the book "100 Greatest U.S. Coins." Color photo.
Estimated Value $40,000-50,000.

 

"King of the Morgans" The 1895 Dollar

Lot 791 Click on photo for enlarged version Click on photo for enlarged version
1895. PCGS graded Proof 63 Premium Quality. A very choice proof example and thus our "PQ" designation. Nice cameo effect. Popular key date proof only issue. Lovely natural golden sunset toning on both sides adds to its eye appeal. Only 880 minted. In the old green PCGS holder.
Estimated Value $18,000-22,000.
"Coco and Misha's Morgans" PCGS Registry Set ranked 15th finest.


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