Carved up, worn down, common date Morgan Dollar auctions for $19,200 but it has a bit of history...
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Carved up, worn down, common date Morgan Dollar auctions for $19,200 but it has a bit of history going for it.
Noticed this in Stack's Bowers session 3 results of their August auction. Usually five figure items would be in their Rarities session, so doubt it was expected to bring this much. Never heard of this coin before seeing the listing.
Much interesting history and info in the lot description way beyond the heading pasted below. Includes some comments from Q. David Bowers and Roger Burdette. (Perhaps it should have been certified as a Specimen since Roger Burdette is so fond of the term. 
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The First 1879-O Morgan Dollar Struck on an Adjusted Planchet
Engraved to Mrs. Clementine Cahn, Foreman of the Adjusters
Likely Unique
THE FIRST DOLLAR ADJUSTED IN THE NEW ORLEANS MINT By MRS. C. CAHN on an 1879-O Morgan Silver Dollar. EF Details--Engraved (NGC).
"To Be Esteemed Be Useful" - 1792 Birch Cent --- "I personally think we developed language because of our deep need to complain." - Lily Tomlin
Comments
Very neat coin.
Collector
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That is certainly unique....Cheers, RickO
The kind of thing I like.
Nice coin and great history.
He who knows he has enough is rich.
Scratched
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Neat coin but it is surprising it went for that high of a price.
TurtleCat Gold Dollars
Someone was really good at Engraving on small surfaces!!
That's cool
I would rather have a Chain Cent for that kind of money.
Definitely an item exclusively for enjoyment by the well-heeled silver dollar specialist.
Great spirits have always encountered violent opposition from mediocre minds.-Albert Einstein
Now that's different.
Not something that really gets me very excited ... especially at that price.
I like it.