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Park Avenue Numismatics
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Miami, FL 33137
 
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Coin of the Day

1895 Morgan Dollar PR65 PCGS CAC

"The King of the Morgan's"

The 1895 Morgan dollar proof is one of the stand-out, in-demand rarities in the series for obvious reasons. Namely, there are no Philadelphia circulation strikes to satisfy demand among those assembling date and mintmark sets, and only 880 proofs were manufactured at the facility. Naturally, that disparity between demand and availability means that all 1895 proof dollars offered are subject to spirited competition among enthusiastic specialists. 

Although the Philadelphia Mint supposedly delivered 12,000 business-strike silver dollars in 1895, no coins have ever been positively identified. Research by Roger Burdette argues that all 12,000 coins were indeed struck, but subsequently melted under the terms of the 1918 Pittman Act. Others have suggested the 12,000-coin total noted in the coinage book represented some kind of erroneous entry, possibly a surplus of 1894-dated coins that were not delivered until June 1895. Regardless of which, if either, of these theories is correct, we can say for certain that Morgan dollar specialists will have to acquire a proof such as the present Select quality survivor if they want a representative of the 1895-P production.

This richly toned example displays uniform reflectivity as the surfaces rotate under the light. The strike is typically sharp for the issue with hair curls over Liberty's ear that are virtual fully distinct. Warm champagne-apricot undertones shine through the otherwise rich toning scheme, features that explain why grade-limiting hairlines are not readily evident at most angles. Just a hint of champagne patina is seen on the reverse at certain angles. A few grade-limiting hairlines are also present, but naturally they do not detract from the importance of this Select key date proof. CAC Approved! Your opportunity to own "The King of the Morgan's"!

Offered at $59,995

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  • Numeric Grade: 61