A deep dive into the allure of the 1895 Morgan Dollar Proof, focusing on GreatCollections' auction of a stunning PR67+DCAM CAC example. What makes this coin so special?
Morgan Dollar Mania: GreatCollections Auctioning a Superb Gem!
The numismatic world is buzzing! GreatCollections is set to auction a stunning 1895 Morgan Dollar Proof, graded PCGS PR67+DCAM CAC. This isn't just any coin; it's a Superb Gem that's capturing the attention of serious collectors.
The Mystique of the 1895 Morgan Dollar Proof
What makes the 1895 Morgan Dollar Proof so special? It's all about its 'Proof Only' status. Despite mint records suggesting 12,000 circulation strikes, not a single business-strike 1895 Morgan Dollar has ever been verified. The widespread belief is that the entire mintage was melted down. This makes the Proof version a highly sought-after key date.
Interestingly, the 1895 Proof doesn't have the lowest mintage in the series. However, its mystique and the lack of circulation strikes to satisfy collectors' date and mint requirements contribute to its premium value.
GreatCollections: A Hub for High-Quality Coins
GreatCollections is known for offering high-quality examples of collector coins, including many top population pieces. Their auction archives boast over 600,000 certified coins and notes, making them a go-to destination for numismatists.
The Auction Details
The current bid for this superb gem sits at $152,500 with 26 days to go. Given the competitive market for ultra high-end key dates, this example is likely to fetch a price similar to the $324,000 paid for another PR67+DCAM CAC from the JCS Collection in 2024. This auction will undoubtedly draw the attention of serious Morgan Dollar collectors.
Beyond the Morgan: U.S. Mint Sales Trends
While the Morgan Dollar grabs headlines, other U.S. Mint products are also showing interesting trends. Proof Morgan and Peace silver dollars continue to be popular, anchoring U.S. Mint sales. The uncirculated 2025 Mint Set has also recorded gains. Even the reverse proof Palladium American Eagle sales are notable, reaching 66.4% of its mintage limit.
Final Thoughts
The 1895 Morgan Dollar Proof remains an iconic coin, and GreatCollections' auction of this Superb Gem is a major event for collectors. Whether you're a seasoned numismatist or just starting out, the allure of the Morgan Dollar is undeniable. So, keep your eyes on this auction – it's sure to be a thrilling ride!
Who knows, maybe you'll be the lucky one to add this beauty to your collection. Happy bidding, and may the odds be ever in your favor!
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