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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

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

     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/DenominationGradeCurrent Market
1879 CC Morgan DollarPCGS MS64+ P/L CAC$11,500
1879 CC Morgan DollarPCGS MS65$21,500
1879 CC Morgan Dollar Cap DiePCGS MS65$35,650
1879 O Morgan DollarPCGS MS66$15,250
1886 S Morgan DollarPCGS MS66 P/L$8,775
1887/6 Morgan DollarPCGS MS65 DMPL$19,500
1889 CC Morgan DollarPCGS MS63$43,750
1889 O Morgan DollarPCGS MS66+$16,000
1891 O Morgan DollarPCGS MS65 DMPL CAC$35,500
1892 S Morgan DollarPCGS MS65$165,000
1893 S Morgan DollarPCGS AU58$39,500
1895 O Morgan DollarPCGS MS63$46,250
1904 S Morgan DollarPCGS MS67 CAC$41,500

     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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