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NumisMedia Weekly Market Report
Rare Date Morgan Dollars Up for Bid
May 7, 2018
The P.F.M. Collection of Morgan Dollars is one of several notable collections available at the upcoming Legend Rare Coin Auctions 26th Regency Sale. Once featured in the Jack Lee Collection, the 1878 7/8 TF in PCGS MS65 DMPL is again up for auction. This coin is only 1 of 3 certified in this highest grade. The NumisMedia Market value is currently at $15,250, but this price has been unchanged for ten years, last updated when this coin was last auctioned.
1878 7/8 TF PCGS MS65 DMPL is available at the Legend Rare Coin Auctions Regency Auction 26 in New Orleans, Louisiana, May 16-17, 2018
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Another important Morgan Dollar date available from the P.F.M. Collection is the 1884 S in PCGS MS63, currently valued at $48,000 Market. This is one of the keys of the series and it is a very difficult date to acquire in this grade or higher. With a coin as mark-free as this one, it should bring a premium bid. A few of the other remarkable Morgan Dollars that will be available at the Legend sale are listed below.
| Date/Denomination | Grade | Current Market |
| 1879 CC Morgan Dollar | PCGS MS64+ P/L CAC | $11,500 |
| 1879 CC Morgan Dollar | PCGS MS65 | $21,500 |
| 1879 CC Morgan Dollar Cap Die | PCGS MS65 | $35,650 |
| 1879 O Morgan Dollar | PCGS MS66 | $15,250 |
| 1886 S Morgan Dollar | PCGS MS66 P/L | $8,775 |
| 1887/6 Morgan Dollar | PCGS MS65 DMPL | $19,500 |
| 1889 CC Morgan Dollar | PCGS MS63 | $43,750 |
| 1889 O Morgan Dollar | PCGS MS66+ | $16,000 |
| 1891 O Morgan Dollar | PCGS MS65 DMPL CAC | $35,500 |
| 1892 S Morgan Dollar | PCGS MS65 | $165,000 |
| 1893 S Morgan Dollar | PCGS AU58 | $39,500 |
| 1895 O Morgan Dollar | PCGS MS63 | $46,250 |
| 1904 S Morgan Dollar | PCGS MS67 CAC | $41,500 |
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There is a long list of increases in Seated Half Dollars this week with many of the changes in dates and grades that are not frequently adjusted. For example, the 1849 O in MS62 is higher at $1,475 Market and the 1851 O in MS62 is now $1,625. Some prices in the top grades have increased with the 1854 Arrows in MS66 up to $13,000 and the 1861 O in MS66 now at $13,500.
The continuing high demand for Early Walking Liberty Half Dollars in the highest grades is pushing Market values to new levels. The 1917 S Reverse in MS65 advanced to $12,350 and the 1921 D in MS65 is up to $35,250. The tough mint marked early dates are keeping buyers and sellers very active as they try to locate any of the dates prior to 1933 with positive eye appeal.
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