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1897-S $1 Morgan Silver Dollar NGC Unc Proof-Like Luster, Strike Free S/H #2043

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Condition:
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ā€œNGC Uncirculated Details OBV Improperly Cleaned, cleaned, nice luster and strike, proof like, nice ā€... Read moreabout condition
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Located in: Campbell, California, United States
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eBay item number:113709634936
Last updated on Apr 06, 2021 07:26:03 PDTView all revisionsView all revisions

Item specifics

Seller Notes
ā€œNGC Uncirculated Details OBV Improperly Cleaned, cleaned, nice luster and strike, proof like, nice ...
Grade
Unc Details
Certification
NGC
Composition
90% Silver, 10% Copper
Certification Number
2737943-027
Circulated/Uncirculated
Uncirculated
Year
1897
Strike Type
Business
Mint Location
San Francisco, San Francisco, California

About this product

Product Information

<h2>Q. David Bowers</h2>The following narrative, with minor editing, is from my "Silver Dollars & Trade Dollars of the United States: A Complete Encyclopedia" (Wolfeboro, NH: Bowers and Merena Galleries, Inc., 1993)<br/><br/>Numismatic Information<br/><br/>Commentary: The 1897-S was issued in bag, quantities from the San Francisco Mint in the mid-1920s, 1950s, and early 1960s and was not worth a significant premium at the time, nor was it ever considered to be a scarce date. Many from the distributions of the 1950s and 1960s went to the gaming tables in Reno and Las Vegas. Some found their way to investors and hoarders, including LaVere Redfield, who reportedly had as many as 20 bags. Quantities persisted on the coin market for much of the 1970s, but by now large groups are seldom seen.<br/><br/>Circulated grades: The 1897-S dollar is common in worn grades.<br/><br/>Mint State grades: The 1897-S is readily available in all Mint State grades, although most are at lower levels. An estimated 40,000 to 70,000 exist from MS-60 through 62 grades, followed by 17,000 to 27,000 in MS-63, 14,000 to 20,000 MS-65, and a fairly generous 3,500 to 6,000 MS-65.<br/><br/>Most pieces are sharply struck and have nice lustre. All in all, a Mint State 1897-S coin is a delightful coin.<br/><br/>Prootlike coins: Prooflike coins remain by the thousands. DMPL coins are four or five times scarcer than prooflike coins. The usually seen coin is very attractive, but flatly struck and, if in a lower Mint State grade, with bagmarks. The Redfield holdings contained over a thousand prooflikes. Most prooflike and DMPL specimens are in the MS-60 to MS-63 range. This is the most common prooflike San Francisco Mint Morgan dollar dated after 1882<br/><br/>Varieties<br/><br/>Circulation strikes:<br/><br/>1. Normal date: Breen-5652. Various positional varieties. Probably not all the 38 pairs of dies were used.<br/><br/>Dies prepared: Obverse: 38; Reverse: 38 <br/><br/>Circulation strike mintage: 5,825,000; Delivery figures by month: January: 800,000; February: 800,000; March: 800,000; April: 800,000; May: 800,000; June: 475,000; July: none; August: none; Septem-ber: none; October: 300,000; November: 600,000; December: 450,000. <br/><br/>Estimated quantity melted: Many as part of various melts. <br/><br/>Availability of prooflike coins: Fairly plentiful; the most available San Francisco Mint issue after 1882. DMPL coins are about five times rarer than prooflikes. Most are in lower Mint State grades. <br/><br/>Characteristics of striking: The 1897-S is usually seen sharply struck with excellent lustre. <br/><br/>Known hoards of Mint State coins: Many bags came out from the San Francisco Mint in the 1950s and early 1960s; many were in the Redfield estate (1976). <br/><br/><br/>Commentary <br/><br/>The 1897-S is readily available in Mint State. The typical coin is well struck and very attractive.<br/> <br/>Additional Information<br/><br/>Mint Report<br/><br/>The Annual Report of the Director of the Mint, 1897, told of transfers of dollars for the fiscal year ending June 30, 1897: <br/>San Francisco. In mint July 1, 1896, 37,459,918; coinage, fiscal year, 8,425,000; total, 45,884,918; in mint July 1, 1897, 45,458,000; distributed from mint, 426,918. <br/>

Product Identifiers

Designer
George T. Morgan
eBay Product ID (ePID)
170478533

Product Key Features

Strike Type
Business
Mint Location
San Francisco, San Francisco, California
Composition
90% Silver, 10% Copper
Year
1897

Dimensions

Weight
26.73g

Additional Product Features

Mintage
5825
EDGE
Reeded
Mint
San Francisco
Denomination
$1
PCGS Number
7250
Diameter
38.1mm
Mint Mark
S

Item description from the seller

Bay Coastal Coin$

Bay Coastal Coin$

92.9% positive feedback
863 items sold
Joined Jul 2017

Detailed seller ratings

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Reasonable shipping cost
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Product ratings and reviews

4.8
47 product ratings
  • 41 users rated this 5 out of 5 stars
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  • 1 users rated this 3 out of 5 stars
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Would recommend

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Most relevant reviews

  • Top favorable review

    1897-S semi-rare collectible

    San Franciscos minted coins typically have goos strikes. If you can get one with good luster and a clean cheek, its worth adding to the collection or the investment portfolio. The 1897 is especially good to get because it isn't as common as the 1880 and 1881 you see frequently for sale.

    Verified purchase: YesSold by: rangersplash93

  • Top critical review

    1897-S Bland dollar

    This isn't a product for which a review can be sensibly written. It's a hobby item which is of value to you only if you already decided you want it, and every specimen of it is different. If you collect, you want one, and you need to choose a nice one; if you don't, you don't & don't need to.

    Verified purchase: YesSold by: rarecoinoutlet

  • Great way to remember Papaw

    My grandfather, Papaw, used to give us a silver dollar for Christmas when I was a kid. When I found this one, made when he was born, I knew I had to have it. Great memories. Now I have one with my Mom and Dad's birthdates. And I gave one to my daughter with my birthdate

    Verified purchase: Yes

  • 1897 s Morgan ms63

    Picture could not even catch this coin. Very nice, no issues 110% satisfied. Thankyou,will watch for future deals!ā˜ŗ

    Verified purchase: YesSold by: classycoins

  • coin grading and appropriate assigned values.

    Their are many things people collect as a hobby, however junk is junk. Knowing the difference can save a lot of money for few things survive in prime condition. šŸ˜†

    Verified purchase: YesSold by: ankermanw