1904-S $1 Morgan Silver Dollar PCGS MS66+ (CAC)
Out of the original mintage of 2,304,000, only 4,401 were graded by PCGS. Of those, there are a mere handful of 3 graded MS66+, with just 2 finer (as of 4/2021). This is a registry coin par excellence, a conditional rarity found in the most important collections of numismatic art. Plus the CAC certification gives this piece added cachet. This is not an easy issue to find--and nonexistent at auction. A 1904-S in MS66+ has never crossed the auction block in modern times. What also makes this example unique is that it is well struck and has a pleasant look with its light golden patina on both sides. The discriminating numismatist with available resources knows that this is a bucket list coin that is definitely worth the price. Just imagine how this breathtaking rarity will look in your collection.
1904-S $1 Morgan Silver Dollar PCGS MS66+ (CAC)--$31,000.00 "Registry" "Superb Conditional Rarity"
It is with pride and pleasure that we at AUCM offer a prized coin in the Morgan dollar series: a 1904-S PCGS MS66+ (CAC). This example is among the crème de la crème of numismatic treasures. David Bowers writes, "The 1904-S dollar is one of the key issues in the series, and in comparison to the demand for them, Mint State pieces are elusive." This piece would be perfect for a superior mint state collection of Morgan dollars, a type set of rare silver dollars, or a set of premium quality coins from throughout American history.
Wayne Miller writes, "The typical 1904-S dollar is weakly struck, especially on the obverse. Many BU specimens are very flat above Liberty's ear." However, the piece offered is the exception to the rule; it is well struck and has an attractive overall appearance. It has been estimated that around 2 million of this issue were melted down early in the 20th century. Bowers writes, "1904-S dollars were distributed into circulation over a long period of time. In addition to bags stored at the San Francisco Mint, others were shipped to the Treasury Building in Washington, D.C., from which depot many were paid out in the 1930s and 1940s. In 1941-1942 multiple bags came out....Although scattered supplies remained for a long time...none were to be had in San Francisco....No mention of quantities [of] 1904-S dollars has been found in connection with either the Treasury release of 1962-1964 or the Redfield estate (1976)."
|Year of Issue||1904|
|Denom Type||Morgan Dollar|
|Mint Location||San Francisco|
|Grade Add On||CAC|