We are thrilled to include this gem 1895-O dollar from the Norweb Collection in the Sunnywood set. The '95-O is a key date in the Morgan dollar series, and is notoriously difficult in higher mint state grades. It is the only date in the series that was not represented in any of the Treasury releases. No bags of 1895-O dollars were ever found in bank vault storage. Fewer than a dozen gems exist, and the real number may be smaller still. Of these, we know of only three that are still in undipped original condition, saved at or near the time of original issue: the present Norweb coin, the Eliasberg coin, and a deeply toned example from an original match-toned 1895-O Mint set owned by David Akers and later placed in Charles Lamborn's fabulous "Fairfield Collection". Happily, the Norweb coin features attractive toning, a good strike for the date, ample luster and great eye appeal. Purchased by Albert Fairchild Holden from J.W. Scott & Co., October 26, 1908, as part of a group of "O" mint dollars including the 1893-O, and 1895-O through 1898-O (J.W. Scott had apparently ordered each of these directly from the New Orleans Mint in the year of issue); to his daughter Emery May Holden Norweb; to her son R. Henry Norweb, Jr.; auctioned by Bowers & Merena, The Norweb Collection Part III (11/15/88:3892). Later part of the Michael Casper Collection; thence to the Arno Collection; Heritage, 2009 FUN (1/9/09:5037); to the Sunnywood Collection.
Ron Guth: The 1895-O Silver Dollars is one of the most difficult of the series to find in nice condition. The quantity of truly Mint State 1895-O Dollars is very low. This statement becomes clear on examining the PCGS Population Report. As of October 2012, PCGS had certified approximately equal quantities of 1894-S, 1895-O, and 1896-O Dollars -- between 4,000 and 5,000 each. Any suggestions of similarities between these dates is demolished when one examines the Mint State columns, where PCGS shows the following -- for the 1894-S, PCGS shows nearly 3,000 MS examples; for the 1896-O, nearly 1,300; for the 1895-O, a mere 143 examples.
Prooflike and Deep Mirror Prooflike 1895-O Dollars are very rare.
The finest 1895-O Dollar is a single PCGS MS-67, the phenomenal coin once owned by Silver Dollar specialists Wayne Miller and Jack Lee, and which realized $575,000 way back in 2005.
Wayne Miller Collection, acquired 1/1975 for $5,500 - Superior 1/1986:1310 - Jack Lee Collection - Heritage 11/2005:2324, $575,000
J.W. Scott & Co., sold privately on 10/26/1908 - Albert Fairchild Holden - Norweb Collection - Bowers & Merena 11/1988:3892, $22,000 - Michael Casper Collection - Arno Collection - Heritage 1/2009:5037, $126,500 - Sunnywood/Simpson Collection - Legend 10/2014:194, $258,500
Bowers & Merena 9/2004:1187, $149,500
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