1895 $1 PR63

CERTIFICATION#: 06595203
PCGS#: 7330

Owner's Comments

Expert Comments

Ron Guth: Called the "King of Morgan Dollars", the 1895 is one of the most desirable and sought-after dates in the series.  Although Mint records indicate a mintage of 12,000 circulation strikes, experts believe that only 880 Proofs were made in 1895.  The existence of several circulated examples confuses the issue, but those are believed to have been Proofs that were spent inadvertently.  Ownership of this popular rarity is the true measure of completeness for a collection of Morgan Dollars - the 1895 Proof is the only real "stopper" in the series. 

Presumably, Proofs can be told apart from potential circulation strikes by the number of edge "reeds" (the raised "bumps" on the edge of the coin).  Proofs will have 179 "reeds", whereas circulation strikes will have some other number.

PCGS has graded more Proofs of this date than any other, although the number may be inflated due to re-submissions.  A surprising percentage of the coins examined by PCGS have been "spent" Proofs - 87 coins have been certified below Proof-60 (as of June 23, 2010), including one in Proof-06!

Diameter: 38.10 millimeters Designer: George T. Morgan Edge: Reeded
Mintage: 880 Weight: 26.73 grams Metal Content: 90% Silver, 10% Copper
6
27,000
1
8
28,000
2
10
29,000
2
12
30,000
6
15
31,000
20
32,500
3
25
34,000
3
30
35,000
2
35
36,000
7
40
37,000
6
45+
38,200
50+
39,200
53
40,000
12
53+
40,200
55+
41,200
58+
42,200
62+
47,500
63+
52,000
1
64+
61,500
65
85,000
15
65+
90,000
1
66+
117,500
67+
137,500

Rarity and Survival Estimates

Grades Survival Estimate Numismatic Rarity Relative Rarity by Type Relative Rarity by Series
All Grades 400 R-6.2 23 / 30 TIE 23 / 30 TIE
60 or Better 225 R-6.7 17 / 30 TIE 17 / 30 TIE
65 or Better 20 R-9.1 5 / 30 TIE 5 / 30 TIE

Condition Census

Pos Grade Thumbnail Pedigree and History
1 PR68 PCGS grade  
2 PR67 PCGS grade  
2 PR67 PCGS grade  
2 PR67 PCGS grade  
2 PR67 PCGS grade