Estimated grade. Ex. U.S. Mint; Clapp Collection (1942). Sold by Bowers & Ruddy Oct '82 price realized $19,800. Lot #589.
David Akers (1975/88): The 1894-S is one of the most underrated and undervalued dates in the entire series. It is not often available in any grade and when offered for sale, the typical specimen is invariably only VF or EF. In AU, the 1894-S is very rare and strictly uncirculated examples are extremely rare. I have never seen a really choice 1894-S and I have only seen a few that were legitimately mint state.
Acquired at face value directly from the San Francisco, 11/1894 - John H. Clapp Collection - Louis E. Eliasberg, Sr. Collection - Bowers & Ruddy 10/1982:589, $19,800 - Marty Haber - David Akers “Auction ‘88” 7/1988:845, $115,000 - David Akers “Auction '90” 8/1990:1905, $264,000 - Heritage 1/2014:5459, $176,250