Circulated Proof 1900 Morgan Silver Dollar Auctioned for an Affordable Amount
2017-11-17 Fri
Scotsman Auction Co. offered different kinds of interesting coins on 3rd November at the Saint Charles Convention Center in Missouri. A 1930-S Saint-Gaudens $20 double eagle, graded MS 63+ by PCGS with a green CAC sticker could not meet its estimate of $85,000 to $100,000. Nevertheless, some amazing Morgan dollars fared well and were sold for a total of $1,374,140.A 1900 Morgan silver dollar, graded Proof 45 was sold for $834. The Proof 45 1900 Morgan dollar was not that great in terms of quality within the Proof dollar spectrum. Many of these low-grade samples are identified as a Proof since there were no irculation strikes issued that year at the Philadelphia Mint. The offered coin also does not have any Proof characteristics.
The coin was probably used as a pocket piece as it has smooth and consistent wear. The rims are unusually sharp and the protected areas have good reflectivity. The coin impressively crossed its estimated value of $450 to $550.
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