Has anybody here ever seen the 1884-S PCGS MS-68 Morgan Dollar?
guitarwes
Posts: 9,290 ✭✭✭
It says only 1 has been graded at this level. Who has it?
That is one expensive buggar.
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Too many positive BST transactions with too many members to list.
Too many positive BST transactions with too many members to list.
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Recipient of the coveted "You Suck" award, April 2009 for cherrypicking a 1833 CBHD LM-5, and April 2022 for a 1835 LM-12, and again in Aug 2012 for picking off a 1952 FS-902.
Must have been 25/26 years ago.
I was at a coin show in the Chicago or somewhere around there. Chuck Walanka said he wanted to show me something. He pulled out the most amazing 1884-S and 1896-S dollar I had ever seen. They were both mark free and virtually perfect and had creamy phenominal original luster. I bought them from him. I think I paid $25,000 or $35,000 for the pair.
I sold the two coins to dollar collector extraordinaire George Bodway. George had one of the finest sets of all-time. Sometime later Jack Lee, who at the time also had one of the best sets of all-time, bought the Bodway collection and combined the two sets... creating a Morgan dollar set that will probably never again be duplicated.
When Jack Lee had the coins, PCGS graded the 1884-S MS68 and the 1896-S MS69.
I don't know where they are today as Jack Lee sold his set some time ago.
David
<< <i>
That is one expensive buggar. >>
Probably $500-$750k, IMO
I doubt it would hit a million though--it just doesn't carry enough romance for a million dollar coin.
<< <i>It says only 1 has been graded at this level. Who has it?
That is one expensive buggar. >>
Sounds like an offer to purchase to me Wes! I promise I wont tell the wife!
WOW, a MS69 96-S and a MS 68 84-S!?!?!?!?!?!!!! Held at the same time? Be still my heart!
That must have been awesome to have owned such extraordinary pieces like that! Truly one-of-a-kind.
awesome........wes
Too many positive BST transactions with too many members to list.
<< <i>When Jack Lee had the coins, PCGS graded the 1884-S MS68 and the 1896-S MS69. >>
So when a coin like that hits PCGS, I assume arrangements for grading are made in advance. Do the graders know when something like this is coming, or does it catch them by surprise in the grading grotto and then cause quite the stir and disruption?
Keeper of the VAM Catalog • Professional Coin Imaging • Prime Number Set • World Coins in Early America • British Trade Dollars • Variety Attribution
<< <i>WOW, a MS69 96-S and a MS 68 84-S!?!?!?!?!?!!!! Held at the same time? Be still my heart!
That must have been awesome to have owned such extraordinary pieces like that! Truly one-of-a-kind.
awesome........wes >>
or two-of-a-kind. haha. eh....
It doesn't need "romance" if two wealthy collectors want it bad enough.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
<< <i>Must have been 25/26 years ago.
I was at a coin show in the Chicago or somewhere around there. Chuck Walanka said he wanted to show me something. He pulled out the most amazing 1884-S and 1896-S dollar I had ever seen. They were both mark free and virtually perfect and had creamy phenominal original luster. I bought them from him. I think I paid $25,000 or $35,000 for the pair.
I sold the two coins to dollar collector extraordinaire George Bodway. George had one of the finest sets of all-time. Sometime later Jack Lee, who at the time also had one of the best sets of all-time, bought the Bodway collection and combined the two sets... creating a Morgan dollar set that will probably never again be duplicated.
When Jack Lee had the coins, PCGS graded the 1884-S MS68 and the 1896-S MS69.
I don't know where they are today as Jack Lee sold his set some time ago.
David >>
The 1896-s in ms69 was up for sale on the Heritage site twice in November of 2005. It sold on the 5th for $402,500 and was put up again in a continuous internet auction ending on the 27th as unsold. I remember seeing it up at the time and wishing as I would bet many others were too. Its fairly pricey date/mm in most grades for a coin with a mintage of 5,000,000.
As for the 1896-S, the owner of the highest rated current set of Morgan Dollars believes that that coin does not deserve its lofty grade. He has stated that the chances of him aquiring that coin in the future are fairly remote.
Authorized dealer for PCGS, PCGS Currency, NGC, NCS, PMG, CAC. Member of the PNG, ANA. Member dealer of CoinPlex and CCE/FACTS as "CH5"
<< <i>I doubt it would hit a million though--it just doesn't carry enough romance for a million dollar coin.
It doesn't need "romance" if two wealthy collectors want it bad enough. >>
I suppose.
I guess we'll only be able to tell the next time it comes to the block (whenever that will be!!)