The last of the early New Orleans issues less commonly seen with toning, this coin features rich toning with an interesting thin pink line that traverses the obverse, perhaps caused by a rubber band during years of storage; from Mike DeFalco (Numismatic Enterprises).
Ron Guth: The 1882-O Silver Dollar is a common date but, because it comes from the New Orleans Mint, it is difficult to locate in Gem condition. The typical Mint State grade for an 1882-O Morgan Dollar is MS-63, reflective of the typical poor strike associated with this mint. Almost 700 MS-65 examples have been certified by PCGS (as of July 2012), but high collector demand means they can be elusive and expensive. MS-66 examples are super-scarce and anything better is ultra-rare. The finest example certified by PCGS is a single, monstrous MS-68 formerly in Jack Lee's set.
Jack Lee Collection - Sanderson Family Collection - Heritage 1/2009:4959, $46,000 - Coronet Collection of Morgan Silver Dollars (PCGS Set Registry)
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