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Coin Market Report
 courtesy of...
numismedia

May 19, 2008

The Long Beach Expo is just a week away and already dealers from out of town are in the Southern California area. Three times a year the Expo...[READ MORE]

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     Dollars 
 Flowing Hair
 Draped Bust
 Seated Liberty
 Trade
 Morgan
45 Products
 Battle Creek
8 Products
 Peace


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1881-S $1 MS66 DMPL PCGS w/CAC
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1881-S $1 MS66 DMPL PCGS w/CAC
SKU : EB2094
Price: $6,950.00


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CAC approved with sticker denoting Premium Quality. If you desire the ultimate 1881-S deep mirror cameo prooflike dollar -- this is it. The technical quality and sheer visual appeal eclipse the monster PCGS MS66 DMPL I sold for $4,500 at the 2005 ANA Convention in San Francisco. And, this specimen is also better than another stunning example I recently sold to a prominent DMPL collector for a price that surpassed the $7,000 mark. Simply put (in the vernacular of today's youth) -- this coin is the bomb. It is boldly struck with wonderfully preserved brilliant surfaces. The fields exhibit ultra-deep crystal clear reflectivity throughout and dazzling snow white devices that provide a spellbinding black and white cameo contrast. One look at this exquisite coin will leave you breathless as it is the very definition of flash, eye appeal and pizzazz at the highest level. Moreover, this date is very scarce in this condition. According to the latest online population report PCGS has certified just seventy-one coins at this level with only seven finer. Of those seventy-one coins thus certified -- very few of them are ultra-deep mirror black and white cameo prooflikes. In fact I've seen five of the six MS67 DMPL's, all of which were brilliant prooflikes with very little cameo contrast. This magnificent specimen is a very rare and special coin indeed. I seriously doubt that it has many peers.

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1884-CC $1 MS64 DMPL PCGS
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1884-CC $1 MS64 DMPL PCGS
SKU : EB2089
Price: $775.00


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A visually compelling coin and the quintessential Carson City DMPL dollar. It is sharply struck with a few grade limiting abrasions present on Liberty's chin with the balance of the coin being relatively mark-free. The dazzling brilliant fields are crystal clear and watery with ultra-deep reflectivity and snow white devices with a prominent (and highly desirable) halo effect around the eagle. An exceedingly flashy deep mirror black and white cameo prooflike -- what more is there to say?

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1884 $1 MS64 DMPL PCGS w/CAC
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1884 $1 MS64 DMPL PCGS w/CAC
SKU : EB2088
Price: $1,350.00


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CAC approved with sticker denoting Premium Quality. Although graded MS64 DMPL this is one of the most eye appealing example of this scarce date that I can recall. It is boldly struck with very nice surfaces that exhibit just a smattering of small inconsequential abrasions. The crystal clear glassy fields exhibit ultra-deep reflectivity while the devices are abundantly coated with icy white mint frost providing an atypically (in regard to this date) strong cameo contrast. Very flashy with lots of pizzazz. I can assure you that you could search high and low and not find its equal in terms of sheer eye appeal for the date. Moreover, this is a genuinely scarce coin as evidenced by the fact that PCGS has certified just eighty-nine at this level with thirty-three graded higher.

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1882 $1 MS64 PCGS
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1882 $1 MS64 PCGS
SKU : EB2087
Price: $2,950.00


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Wow, this psychedelic beauty is reminiscent of the fabulous Battle Creek dollars in regard to the sheer intensity and vibrancy of its spectacular coloration. It is sharply struck with well maintained surfaces that exhibit fewer imperfections than the grade would indicate. Having said that -- it is the wildly hued obverse toning that lifts this coin above the crowd. Crimson, emerald, teal, violet, fuchsia, tangerine and electrifying apricot set this coin ablaze in a kaleidoscope swirling rainbow iridescence. Moreover, this is an 1882-P -- a date you'd never expect to find with such exquisite toning. If you're building a date set of toned Morgan's this is the coin with which to fill the 1882 year slot. Over the course of thirty-four years buying and selling beautifully toned dollars -- I believe that this is the most gorgeous toned example of this issue that I have encountered.

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1887 $1 MS65 DMPL PCGS
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1887 $1 MS65 DMPL PCGS
SKU : EB2077
Price: $1,250.00


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I've resubmitted this coin once believing that it was a lock upgrade but PCGS didn't agree with me. I still think it's undergraded and if it doesn't sell quickly I'll try it again. Anyway, this coin is boldly struck with squeaky clean surfaces throughout. The fields are deeply reflective and the devices are lightly frosted providing a distinct contrast. There is a touch of amber coloration at the rim which serves to frame and enhance the glistening surfaces. PCGS has certified one hundred sixty five at this level with just thirty graded higher.

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1880-S $1 MS66 DMPL PCGS
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1880-S $1 MS66 DMPL PCGS
SKU : EB2076
Price: $2,850.00

ON HOLD



My emphasis has always been on the purchase of genuine premium quality specimens -- the top ten percent of the coins in a given grade category if you will. Well this coin exceeds those standards and may very well be the finest PCGS MS66 DMPL 1880-S dollar I have handled to date. It is absolute fully struck with all of the design elements boldly articulated. The surfaces have been meticulously preserved and are even nicer than a couple of higher graded specimens that have been shipped to me during the past year. No, I don't think it's a MS67 DMPL but it is darn close. The gleaming mirror fields exhibit ultra-deep reflectivity and the devices boast thick snow white mint frost rendering a powerful black and white cameo effect. A breathtaking example of this date and one that would be hard to surpass in terms of quality for the stated grade and its sheer beauty and eye appeal.

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1878-CC $1 MS63 DMPL PCGS
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1878-CC $1 MS63 DMPL PCGS
SKU : EB2075
Price: $2,250.00


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At the very least this coin rests at the threshold of the next grade designation, but in my opinion is a legitimate candidate for crack out. It is fully struck with surfaces that rival those of the MS64 DMPL that follows. The fields are watery and clear with very deep mirrors and heavily frosted snow white devices that provide a striking cameo contrast. Tremendous flash and awesome visual appeal combined with the fact that this is truly a premium quality specimen equal exceptional value for the buyer of this coin. Moreover, ultra-deep mirror black and white cameo 1878-CC dollars are becoming extremely difficult to locate today.

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1880-S $1 MS65 DMPL PCGS
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1880-S $1 MS65 DMPL PCGS
SKU : EB2033
Price: $750.00


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This is a very nice high-end coin in a PCGS old green holder (OGH). It is boldly struck with very clean surfaces throughout and certainly deserves to be categorized as a premium quality example (and would definitely rank among the top 10% of its like-graded brethren). The fields are deeply mirrored and the devices are well frosted rendering a pronounced cameo effect. There are scattered areas of very faint champagne patination but this coin is primarily white and very appealing.

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1879-CC $1 MS64 PL PCGS w/CAC
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1879-CC $1 MS64 PL PCGS w/CAC
SKU : EB2030
Price: $22,500.00


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CAC approved with sticker denoting Premium Quality. To begin with this coin is NOT prooflike. What? That's right, in my opinion PCGS erred in regard to the designation. It's a full DMPL all the way and clearly superior to the majority of 1879-CC dollars currently residing in MS64 DMPL holders. This specimen is boldly struck throughout with very deep watery mirrored fields and snow white frosted devices, which provide a powerful black and white cameo contrast. A few scattered light abrasions are present which accounts for the MS64 grade designation. This coin is blast white with tremendous flash and striking visual appeal. I have resubmitted it one time for designation review and will continue to do so (unless it sells quickly) because I strongly believe that it will ultimately end up in a MS64 DMPL holder, which will increase its value (and my asking price) substantially. Simply put, this specimen would be right at home in any world-class deep mirror prooflike dollar collection.

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1887/6 $1 MS64 PL PCGS w/CAC
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1887/6 $1 MS64 PL PCGS w/CAC
SKU : EB2025
Price: $2,450.00


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CAC approved with sticker denoting Premium Quality. Another coin that I strongly disagree with PCGS in regard to the grade (and a coin that I have resubmitted on more than one occasion and may do again in the near future). This specimen is sharply struck with very well preserved surfaces. The overdate is prominent with the lower loop of the six clearly visible. The fields are very reflective and fully deserving of the prooflike designation. And speaking of its prooflike status -- this is a very scarce coin in this state of preservation as evidenced by the fact that PCGS has certified only fifty eight at this level with thirty five higher.

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1884-O $1 MS65 DMPL PCGS w/CAC
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1884-O $1 MS65 DMPL PCGS w/CAC
SKU : EB2023
Price: $950.00


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CAC approved with sticker denoting Premium Quality. This date is becoming increasingly difficult to locate in this condition. Although PCGS has certified two hundred nineteen specimens at this level over the past twenty years you sure wouldn't know it today because nice examples (accurately graded real DMPL's) are sure hard to come by. This coin is sharply struck with very well preserved surfaces. The fields are deeply mirrored and the devices are well frosted providing a strong cameo contrast. Excellent eye appeal and sure to please the serious DMPL dollar collector.

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1878-CC $1 MS65 PL PCGS
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1878-CC $1 MS65 PL PCGS
SKU : EB2021
Price: $3,250.00


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Although designated as a PL this coin displays deep crystal clear reflectivity throughout that is on par with many examples that are certified as DMPL's. The strike is 100% full with all of the design elements boldly impressed. The surfaces are very clean overall the devices are lightly frosted providing a distinct cameo contrast.

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1891 $1 MS64 PL PCGS w/CAC
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1891 $1 MS64 PL PCGS w/CAC
SKU : EB2015
Price: $3,950.00


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CAC approved with sticker denoting Premium Quality. PCGS has certified a mere sixteen examples of this date as MS64 PL with none having been graded higher. As a side note there are but eighteen MS64 DMPL's certified with none finer. This is an undeniably rare coin in this condition and very desirable as such. It is well struck throughout and the fragile reflective surfaces reveal only minor distractions. The fields are actually quite reflective and the devices are lightly frosted rendering a distinct cameo contrast. There is a faint blush of light champagne patination present.

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1885-CC $1 MS63 DMPL PCGS w/CAC
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1885-CC $1 MS63 DMPL PCGS w/CAC
SKU : EB2014
Price: $1,550.00


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CAC approved with sticker denoting Premium Quality. The hallmark of this coin is its extraordinary flash and striking visual appeal. The strike is needle sharp and the crystal clear black mirror fields are unfathomably deep -- in fact, as deep as they can conceivably come. The devices are coated with bright snow white mint frost providing a stark black and white cameo contrast. There are scattered light abrasions in the obverse field which accounts for the grade designation -- but the sheer visual appeal will definitely knock your socks off and counter any deficiencies present. An altogether breathtaking coin.

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1885 $1 MS65 DMPL PCGS
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1885 $1 MS65 DMPL PCGS
SKU : EB2013
Price: $825.00


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This coin is very boldly struck with wonderfully preserved surfaces that rest at the uppermost end of the assigned grade. The fields exhibit (atypical) ultra-deep watery reflectivity and the devices are well frosted accounting for a distinct cameo effect. The obverse is awash in glowing amber iridescence with a touch of aquamarine at the rim. A premium quality example with excellent visual appeal.

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1882-O $1 MS65 DMPL PCGS
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1882-O $1 MS65 DMPL PCGS
SKU : EB2012
Price: $6,500.00


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Quite rare in this state of preservation as evidenced by the fact that PCGS has certified a mere twenty coins at this level with a single coin graded higher. This specimen is very sharply struck with all the design elements present and accounted for. The surfaces are exceptionally clean and rest upon the very threshold of the next higher grade designation. The gleaming mirror fields are deeply reflective and the devices are lightly frosted rendering a soft cameo contrast. A thin transparent layer of very light patination rests upon the surface, which in no way inhibits the reflectivity. This is a genuine premium quality example of this date and one that I'm confident has few (if any) peers.

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1881-CC $1 MS65 DMPL PCGS
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1881-CC $1 MS65 DMPL PCGS
SKU : EB2011
Price: $3,250.00


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A really nice eye appealing example of this date. It is very boldly struck throughout with glistening surfaces that display just a smattering of minor abrasions that are commensurate with the grade designation. The fields are clear and exhibit deep reflectivity contrasted by frosty white cameo devices. A very flashy coin that is solid for the grade.

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1878 7/8 TF Strong $1 MS64 DMPL PCGS
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1878 7/8 TF Strong $1 MS64 DMPL PCGS
SKU : EB2010
Price: $6,950.00


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There is no doubt in my mind that this coin resides among the top five or six examples of deep mirror prooflike 1878 7/8 TF Strong dollars certified by PCGS. In fact, in my humble opinion this coin is superior to the Jack Lee MS65 DMPL (a coin I've had in my hand on a number of occasion -- and one that I sincerely believe to be over-graded). This specimen is boldly struck with well maintained surfaces that exhibit but a few minor luster grazes and tiny abrasions. The fields are watery with ultra-deep reflectivity throughout and thickly frosted creamy devices that provide a strong cameo effect. There is a slight trace of haziness present, but in no way does it diminish the sheer depth of the mirror fields. Although the PCGS census reports thirty-four graded at this level with two finer -- I believe that figure to be skewed to the high side due to crackouts and resubmissions. This is a genuinely rare coin and it's quality is such that I believe has few peers.

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1882-CC $1 MS66 DMPL PCGS
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1882-CC $1 MS66 DMPL PCGS
SKU : EB1956
Price: $8,500.00


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Without question this is a stellar example of this particular date. This little jewel is well struck and boasts unencumbered icy white mint brilliance throughout. Moreover, the fragile mirror surfaces have been very well preserved over the years. And speaking of mirror surfaces, the fields are watery and deeply reflective while the motifs are engulfed in shimmering white mint frost rendering a pronounced cameo contrast. A very flashy specimen with powerful visual appeal.

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1880-S $1 MS66 PCGS w/CAC
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1880-S $1 MS66 PCGS w/CAC
SKU : EB1954
Price: $2,250.00


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CAC approved with sticker denoting Premium Quality. Now here is a tantalizingly beautiful early "S" mint Morgan dollar. It is very sharply struck throughout with wonderfully preserved luminescent satin surfaces. The obverse is aglow with striking original mint bag toning comprised of tangerine, violet, sky blue, turquoise, aquamarine, lemon, magenta and teal iridescence. The reverse is white overall with a trace of patination at the rim. A superb visually appealing gem in every respect with an extra helping of pizzazz.

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1885 $1 MS66 DMPL PCGS
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1885 $1 MS66 DMPL PCGS
SKU : EB1952
Price: $4,500.00


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An altogether extraordinary example of this date and surely one of the finest of the fifty-nine specimens graded MS66 DMPL by PCGS thus far. To begin with this coin is boldly struck throughout with well maintained surfaces. Now here's where we separate this particular coin from its like graded brethren. The crystal clear glassy fields are more deeply mirrored than those of any other 1885-P dollar I have encountered. Moreover, the devices are richly coated with snow white mint frost rendering a stark black and white cameo contrast that is not normally seen as far as this date is concerned. Extraordinary flash and eye appeal with few (if any) peers in my experience.

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1881-CC $1 MS64 DMPL PCGS w/CAC
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1881-CC $1 MS64 DMPL PCGS w/CAC
SKU : EB1951
Price: $2,250.00


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CAC approved with sticker denoting Premium Quality. WOW, this is an absolutely striking coin -- the quintessential deep mirror prooflike Carson City silver dollar. To begin with it is fully struck with all of the design details present and sharply defined. The fragile mirror surfaces have been very well maintained and are on par with those of many other CC dollars I have seen in MS65 DMPL holders. The fields exhibit ultra deep glassy reflectivity and are sharply contrasted by snow white devices that provide a compelling cameo effect. Exceedingly bright mint brilliance combined with compelling black and white contrast equal monster visual appeal. A truly breathtaking deep mirror prooflike dollar with an abundance of pizzazz.

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1890-CC $1 MS64 DMPL PCGS
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1890-CC $1 MS64 DMPL PCGS
SKU : EB1948
Price: $6,950.00


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I'm amazed that this coin is not in a MS65 DMPL holder. Of the nineteen specimens thus graded by PCGS this coin easily surpasses a number of them that I have personally seen from both a technical and visual standpoint. This coin is very boldly struck with gem quality surfaces throughout. The fields boast ultra-deep clear reflectivity and the devices are well frosted rendering a pronounced cameo contrast. The obverse exhibits a faint trace of very pale golden patina that in no way impedes the impressive depth and clarity of the mirrored fields. In my humble opinion PCGS completely missed the mark on this one, which affords the knowledgeable collector an excellent opportunity to acquire a true gem DMPL example of this date at half the price a coin surrounded by the right plastic would cost.

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1895-S $1 MS63 DMPL PCGS
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1895-S $1 MS63 DMPL PCGS
SKU : EB1946
Price: $15,900.00

ON HOLD



WOW, this is a really impressive coin for its stated grade…and I know a thing or two about this date, having handled many of the top 1895-S DMPL dollars over the years. I purchased what I still believe to be the finest known ultra-deep mirror black and white cameo prooflike for $6,000 in mid-1980 and subsequently sold it to Bruce Amspacher in early 1981 for $26,000 -- quite a hefty price at the time…particularly in light of the horrific coin market crash of April 1980. This specific coin and transaction are discussed on page 146 of “The Morgan and Peace Dollar Textbook” by Wayne Miller. A couple of years ago I sold a PCGS MS66 DMPL 1895-S dollar to a well-known dealer for a price in the high $70,000 range and it just sold in the Bowers and Merena Denver ANA auction for $103,500 (including the buyers premium). To be perfectly honest – from a purely aesthetic perspective I like this MS63 DMPL better than the MS66 DMPL and it’s available for a lot less money! This coin is boldly struck with deeply mirrored fields and richly frosted cameo devices (the MS66 DMPL was more semi-PL and didn’t have nearly the contrast). The surfaces appear to be of much higher quality than the grade would indicate due to a lack of any significant abrasions (the MS66 DMPL had numerous light marks scattered across the cheek). Although 1895-S DMPL’s do exhibit die polishing lines in the fields, there are some (non mint caused) hairlines in the area under the jaw line of Liberty, which in reality shouldn’t have kept this coin out of the MS64 category. Moreover, this lovely piece is bathed in light champagne patina overall with accents of lilac, ice blue, lime and cinnamon at the periphery. In my opinion this is a solid MS64 DMPL that at first glance appears to be a Gem. It is certainly much more attractive and visually appealing than a number of washed out PCGS MS63 DMPL’s that have appeared in major auctions over the last several years. In the final analysis I’d much rather have an obviously original coin with a few trivial lines than one whose original skin has been burnt off by one too many trips in the Jewel Luster or at a conservation service.

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1884 $1 MS66 PCGS w/CAC
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1884 $1 MS66 PCGS w/CAC
SKU : EB1936
Price: $1,550.00


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CAC approved with sticker denoting Premium Quality. A strikingly beautiful gem example of this date, which can be quite difficult to locate with colorful toning. This specimen is sharply struck with glowing creamy mint luster and well preserved surfaces. The obverse is aglow with brilliant aquamarine, pale violet and apricot iridescence encompassing the entire surface while the reverse exhibits a light dusting of champagne patina. An altogether alluring coin with excellent visual appeal.

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