Yes, it’s True!
The small original mintage for this issue was the result of the short period of time available for coinage, just three months at the end of 1889. The Carson City Mint reopened on July 1, 1889 after a four-year hiatus. The facility was in poor condition, due to neglect and idleness, and necessary repairs to the building and machinery imposed a long delay on coining operations. Coinage was finally resumed in October, and only 350,000 pieces were produced before the end of the year. Due to the extremely large collector base for Morgan dollars, this issue is typically under significant pressure to satisfy demand. The one offered here is color-free, flashy and gorgeous! This and one other are tied for the highest graded by NGC and PCGS hasn’t graded any PL examples this high.
Offered at $395,000 delivered
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Offer subject to availability.