1895 Morgan Dollar PCGS PR62

Brilliant Morgan King

In 1895, the Mint struck 880 proof Morgan dollars for distribution in the annual silver proof sets. However, unlike in other years, plans to strike circulation coins came and went with, at most, a brief “hurrah” that never even made it out of the Mint. Mint records indicate that 12,000 circulation strikes were made, but none have ever been known to collectors. It’s often debated whether the coins were actually struck (and later melted) or if their “coinage” was nothing more than an accounting error on the Mint’s books. Contemporary numismatists, such as the Chapman brothers, believed that no circulation strikes were ever produced. Modern research clouds the water on this point, but with no circulation strikes known, one inherent fact remains: the 1895 Morgan dollar is only known in proof format. And therein lies its status as the “king of the Morgan dollars.” This example is virtually color-free and (contrary to how it appears in our images) highly brilliant.

Offered at $54,950 delivered

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