Price: 895.00 - SOLD - 9/04/2013* Free Shipping and Insurance for coins at $10K or above.
1890-S Silver Dollar - 1890-S Morgan S$1 NGC MS63 DPL CAC. This Mint State, well struck, deep prooflike Western branch mint 1890-S Morgan Dollar is tied for the second finest known at CAC. The white devices are set against deep mirrored fields creating the attractive, prooflike appearance. A hint of tan toning is present at the rims on both sides of the piece. The colors attest its originality. The surfaces are clean for the grade with no notable abrasion marks or other distractions. The strike is strong with full details on Libertys hair and the eagles breast. The CAC sticker confirms that the coin is of premium quality and fully deserves the assigned grade.
George T. Morgan designed the Morgan silver dollar, which was issued every year from 1878 to 1904 and then again in 1921. Hundreds of millions of Morgan silver dollars were saved in bags of 1,000 each, in bank vaults because the federal government created artificial demand for them to satisfy the Western silver interests. Some were melted in 1918, but large quantities remained in bank vaults and were later bought by investors and collectors. Because many millions of Morgan silver dollars exist today in the hands of the public, it has become the most widely collected coin of its era.
Morgans design for the dollar shows a close head of Liberty in profile facing left. She wears a headband inscribed LIBERTY. In her hair are cotton, corn, wheat, and tobacco. She wears a modified Phrygian cap and is surrounded with the motto E PLURIBUS UNUM, thirteen stars (seven left and six right), and the date. The reverse shows an eagle with wings raised looking left. In its talons are arrows and olive branch, symbols of preparedness and peace. A wreath is below and the motto IN GOD WE TRUST is above. Except for the eagles wing tips, UNITED STATES OF AMERICA and ONE DOLLAR circumscribe the design. The mintmark is below the wreath and above the denomination.
In its population report, as of July 2013, CAC shows 5 1890-S Morgan Dollars confirmed in MS63 DPL with 4 better.
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