Tag: Rare Coin

Only 3 Graded Higher – 1886 Morgan Dollar NGC MS68

dyann

The 1886 is a plentiful Philadelphia Morgan dollar issue with a mintage that approaches 20 million coins. Dave Bowers describes the distribution of 1886 dollars in his Silver Dollar Encyclopedia: “Quantities of 1886 dollars were released by the Treasury over a long period of years, with a large number coming out in 1951, 1952, and, especially, December 1954.” Even more were released during the early 1960s, further contributing to the date’s availability. And this issue is widely recognized for its collectibility in high grades. That includes coins in MS66 and even MS67. However, perhaps unsurprisingly, availability is much more limited in this ultimate grade.

The NGC population is 41 (two of which have been designated “Star”), with only 3 MS68+ representatives graded higher.

Listed at $14,400 in the CDN CPG and $16,500 in the NGC price guide.

Offered at $7,300

Tied for Highest Graded – 1935-S Texas PCGS MS68

dyann

With 10,000 coins distributed to collectors (and eight pieces reserved for assay), the 1935-S Texas commemorative half dollar fails to distinguish itself as a rarity in the series. Indeed, examples are plentiful through most grades, including MS63 all the way up through MS67. It is at this stratospheric level, however, that the issue becomes a genuine condition rarity.

The PCGS population is just 6 with none graded higher.

Listed at $11,200 in the CDN CPG and $14,000 in the PCGS price guide.

Offered at $9,600

Only 2 Graded Higher – 1854 Arrows Seated Liberty Quarter NGC PR65

dyann

All 1854 Seated Liberty quarters show arrows at the date to signify a weight change in the denomination that was instituted the year before. The 1853-dated quarters also displayed a glory of rays on the reverse, but that feature was eliminated in 1854 because of striking problems and die breakage. The Arrows design was continued in 1855, then eliminated, creating an extremely popular two-year subtype.

Accounts of the precise rarity of the 1854 Arrows quarter proof issue vary to a certain extent, but all agree that it is very rare at a minimum, with no more than 12 to 15 known (according to David Akers, writing for the Pittman catalog in 1998) or around 10 (according to Walter Breen). PCGS CoinFacts estimates 10 to 15 pieces known.

The NGC population is only 2 with 2 graded higher.

Listed at $21,600 in the CDN CPG and $25,000 in the NGC price guide.

Offered at $21,900

1908 Indian Half Eagle NGC MS66

dyann

Collectors will find the 1908 to be among the most plentiful Indian half eagles in Gem and better condition, even while some other dates such as the 1909-D are more available overall. The higher Gem population of the 1908 is due to the first-year-of-issue status of this date, which historically resulted in more widespread preservation of examples due to the novelty of the new design. Even so, the 1908 Indian is conditionally rare in MS66, and just a handful of finer pieces are known.

The NGC population is 14 with 7 graded higher.

Listed at $24,000 in the NGC price guide.

Offered at $20,300

Just 3 Graded Higher – 1883-S Morgan Dollar NGC MS65

dyann

Although heavily touted as a conditionally scarce date in Mint State, the 1883-S Morgan remains collectible in grades through MS64, and is frequently offered at auction in that range. It is the Gem grade level from where this issue draws its recognition. In MS65, the 1883-S Morgan is a grand rarity in absolute numbers, and in the context of the series, is truly rare. Including possible resubmissions, there are fewer than three dozen Gem or finer examples seen by the leading certification services.

The NGC population is 12 (3 of which have been designated “Star”) with 3 graded higher.

Listed at $28,800 in the CDN CPG and $30,000 in the NGC price guide.

Offered at $25,900