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1893-S $1 Morgan Dollar In PCGS MS63 CAC At F. U. N.

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numismatic student's Avatar
United States
10975 Posts
 Posted 01/08/2024  12:38 pm  Show Profile   Bookmark this reply Add numismatic student to your friends list Get a Link to this Reply
Linked below is a gem specimen sold by StacksBowers in 2020 for $600,000. It was graded by PCGS at MS65 and has a CAC bean. Looking at the two coins, I would rather own the one for sale this week on this thread.

https://auctions.stacksbowers.com/l...pcgs-cac-ogh

The Larry Miller specimen is about the most unattractive gem 93-S imho.
IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS
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ericgreen's Avatar
United States
1331 Posts
 Posted 01/08/2024  12:53 pm  Show Profile   Bookmark this reply Add ericgreen to your friends list Get a Link to this Reply

Quote:

Looking at the two coins, I would rather own the one for sale this week on this thread.

100% agree on that
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nickelsearcher's Avatar
United States
13677 Posts
 Posted 01/08/2024  1:23 pm  Show Profile   Bookmark this reply Add nickelsearcher to your friends list Get a Link to this Reply
That's a real beauty!
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Bump111's Avatar
United States
3144 Posts
 Posted 01/08/2024  5:35 pm  Show Profile   Bookmark this reply Add Bump111 to your friends list Get a Link to this Reply

Quote:
This one is 63CAC


My old eyes must've read 65 rather than 63 in the title. I finally hit my 60's, too...

Yes - this is better than a 63 I agree. So did CAC apparently.
"Nummi rari mira sunt, si sumptus ferre potes." - Christophorus filius Scotiae
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paralyse's Avatar
United States
12046 Posts
 Posted 01/08/2024  5:51 pm  Show Profile   Bookmark this reply Add paralyse to your friends list Get a Link to this Reply
The Coronet coin (ex; Jack Lee, et al.) was a PCGS MS67 and that coin sold for over $1m back in 2018 to a private buyer.

The current finest set at PCGS is the D. L. Hansen set which has a MS65 toner.

PCGS has only certified 20 total examples at MS63 or higher, so yes, I consider that a conditional rarity!











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numismatic student's Avatar
United States
10975 Posts
 Posted 01/08/2024  7:03 pm  Show Profile   Bookmark this reply Add numismatic student to your friends list Get a Link to this Reply
The Antelope Valley specimen handled by Barry Stuppler was on par with the Jack Lee specimen imho. Also this example didn't have the oxydation spot in the cheek that the Jack Lee example had. Without having seen either coin in hand, the Antelope Valley MS65 can be argued to be finer than the Jack Lee specimen at MS67.

The Jack Lee MS67 specimen can be seen here:
https://coins.ha.com/itm/morgan-dol...ot=1&x=0&y=0

The Antelope Valley coin was sold by Sotheby's and can be seen here:
https://www.sothebys.com/en/auction...lot.107.html

Which one do you like better?
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Bump111's Avatar
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 Posted 01/08/2024  9:14 pm  Show Profile   Bookmark this reply Add Bump111 to your friends list Get a Link to this Reply
Even with the spot, I prefer the Jack Lee coin. To me, it has a better overall "look." I wouldn't say no to either, though.
"Nummi rari mira sunt, si sumptus ferre potes." - Christophorus filius Scotiae
Valued Member
United States
413 Posts
 Posted 01/09/2024  03:13 am  Show Profile   Bookmark this reply Add Maine Member to your friends list Get a Link to this Reply
Dream coin that should easily go for over $500K. I wouldn't be surprised if it tops $1,000.000.
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BH1964's Avatar
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10962 Posts
 Posted 01/09/2024  04:01 am  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply

Quote:
Yes - this is better than a 63 I agree. So did CAC apparently.


CAC did not. A Gold sticker would indicate CAC thought the coin was undergraded (at least 1 point). A Green sticker means CAC thought it was solid or high end for the assigned grade.

It does appear strong for a 63. At this price/rarity it needs to be viewed in-hand.
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Everest's Avatar
Taiwan
538 Posts
 Posted 01/09/2024  05:11 am  Show Profile   Bookmark this reply Add Everest to your friends list Get a Link to this Reply
An interesting read on the roster of high end 1893-s Morgan dollars. Interesting that Jack Lee had two outstanding sets of Morgan dollars. His Number one set included the 1893-s PCGS 67 from the Norweb collection. His number 2 set contained the PCGS 67 from the Vermeule collection. After the Norweb coin left the Jack Lee collection the owner had the bright idea of having the coin conserved. It lost its original skin and ended up in an NGC 67 holder and has since been downgraded. This leaves the Vermeule coin as the finest in existence.

https://www.greysheet.com/news/stor...ilver-dollar
Edited by Everest
01/09/2024 05:12 am
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Dearborn's Avatar
United States
71886 Posts
 Posted 01/10/2024  08:36 am  Show Profile   Bookmark this reply Add Dearborn to your friends list Get a Link to this Reply
I didn't know that about the CAC sticker colors

But the coin presented here sure is a good looking one indeed
Valued Member
United States
127 Posts
 Posted 01/10/2024  3:41 pm  Show Profile   Bookmark this reply Add Tonyqt to your friends list Get a Link to this Reply
I own 1 Morgan dollar and this is the date. Bought it a few years ago and I don't regret it. A date that will always be in demand. Of course mine in a lower grade.
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numismatic student's Avatar
United States
10975 Posts
 Posted 01/11/2024  4:46 pm  Show Profile   Bookmark this reply Add numismatic student to your friends list Get a Link to this Reply
Thought this was going to cross the threshold later tonight but I guess it sold for $444,000 including the auction premium. Someone is probably happy tonight.
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CalzoneManiac's Avatar
United States
2183 Posts
 Posted 01/11/2024  7:52 pm  Show Profile   Bookmark this reply Add CalzoneManiac to your friends list Get a Link to this Reply
What a beautiful coin.
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