Legend Rare Coin Auction's Regency Auction 26

PFM COLLECTION OF MORGAN DOLLARSLOT 67$1 1887/6 PCGS MS65 DMPLVisually, very impressive! Very bold, flashy, glassy mirrorsbeam from all over. Brilliant and swirling cartwheelluster brings out the bold reflection, that despite a lightiridescent tone, is very clear, clean, and deep. Razorsharp on both sides, the devices show off a precision andexacting strike. You know that with the Jack Lee pedigree,this GEM is special and exceptional!PCGS 3, NGC 0. There are NONE FINER! This coin hasnever sold in auction. The other Jack Lee coin sold in the2009 FUN auction for $12,200. The current Collector’sUniverse value is listed at $27,500. This is a VERY RAREopportunity for the DMPL specialist--do not let it pass youby! Expect strong bidding here!PCGS# 97175 | ESTIMATE: $20,000+ 49

PFM COLLECTION OF MORGAN DOLLARS LOT 68 $1 1887 PCGS MS67 PL Earlier ex: PCGS Tour, NFL Set, and Arno Collections. What an impressive provenance for a Morgan dollar! Housed in an old green tag holder. First sold in Heritage’s 2001 FUN auction where it was sold as part of the Gregg Bingham NFL Collection, where it was described as: “A common issue in an uncommon level of preservation, this sharply impressed Superb Gem is free of even the most trivial distraction. A light overlay of silver-gray iridescence is noted throughout, but both sides radiate a uniformly brilliant finish at all angles.” PCGS 5, NGC 7. In the January 2009 FUN auction featuring the Arno Collection, this SUPERB GEM sold for $4,313 and the current PCGS Price Guide value is listed at $6,000. There are NONE FINER in the PL designation, and this coin has such a great provenance! PCGS# 7173 | ESTIMATE: $3,600+ LOT 69 $1 1887/6-O PCGS MS64 CAC Satiny mint bloom shines from all over. This well preserved overdate is quite attractive and is EXTREMELY RARE any finer. The hair curls above Liberty’s ear and the eagle’s breast feathers display the typical striking weakness, but otherwise the devices have good details and the surfaces are smooth and free of any serious marks or defects. The overdate 7/6 can be seen with a strong glass with the loop of the 6 partially visible to the right of the 7. PCGS 125, NGC 29, CAC 22. This coin was last sold in auction in October 2000 and it sold for $6,900. The last PCGS/CAC coin to sell in auction brought $6,600 in March 2018. Very rare any finer, and this coin is PQ. Anticipate strong bidding to bring this near GEM home! PCGS# 7178 | ESTIMATE: $5,500+50

PFM COLLECTION OF MORGAN DOLLARS LOT 70 $1 1887-O PCGS MS65 CAC Another date that saw a large mintage, but due to extensive circulation and/or widespread melting under the Pittman Act, this is a VERY SCARCE date in MS65, and RARE any finer, with the finest certified being a single grade point finer than the presently offered coin. A bold, brilliant luster is mostly frosty, but when rotated in a light, you do see a swirl of rolling cartwheels. The obverse of this GEM is nearly pristine, and suggest a finer grade. The reverse does show a few light bag marks, which account for the assigned grade, but do not detract from the overall high-end look; clearly this piece was hand selected for its baby smooth cheek and impressive for the date strike. PCGS 381, NGC 81, CAC43. The most recent PCGS/ CAC coin sold in auction was in the April 2016 Central States auction where one sold for $3,173. CAC-approved coins have all brought strong premiums and we do not doubt that this trend will continue here. With its superb quality cheek and good strike, we can see it bringing a record bid for the grade. PCGS# 7176 | ESTIMATE: $2,800+LOT 71$1 1887-S PCGSMS66Boldly lustrous withdistinctive reflective,semi-prooflikesurfaces. Icy smoothmirror-like fields reallydo have a ton of flashwhen rotated in alight. The devices arefrosty and well struck--with crisp definitionof Liberty’s hair locksand eagle’s feathers;the cheek has a clean,smooth look with onlya single line that canbe seen with a glass.PCGS 31, NGC 11. The most recent coin to sell brought $4,080 in the 2018 FUN auction, but for the prior two years, thefour PCGS coins that sold brought between $5,170 and $6,463. The current PCGS Price Guide value is listed at $6,000, andkeep in mind that only five coins are finer at PCGS and the finest to ever sell in auction was the toned MS66+ in our JanuaryRegency Auction 25, that brought $28,200, and the untoned NGC MS67 Ex Eliasberg, sold for $30,550 in April 2014.Clearly this coin ranks among the finest available to Collector’s, and we anticipate this GEM bringing a strong bid from theadvanced collector.PCGS# 7180 | ESTIMATE: $4,000+ 51

PFM COLLECTION OF MORGAN DOLLARS LOT 72 $1 1888 PCGS MS67 Ex. Cajun Collection. NONE ARE GRADED FINER at PCGS! A strong, swirling, radial cartwheel luster blooms with brilliance on both sides of this SUPERB GEM. A pale dusting of pearly-gold iridescent toning gently clings to the surfaces. Under close examination, we do see some accents of die rust at the rims. Showing a bold central definition to the details, this coin has a very pleasing overall eye appeal. PCGS 48, NGC 89. None are finer at PCGS. Generally selling in the $4,000 to $6,000 range since 2014, the current PCGS Price Guide value is listed at $5,000. What a great opportunity to acquire one of the highest graded 1888 Morgan dollars. PCGS# 7182 | ESTIMATE: $4,000+ LOT 73 $1 1888-O PCGS MS66+ CAC TIED FOR FINEST PCGS GRADED 1888-O Morgan! A strong, bold, brilliant satin mint frost blooms with intense cartwheels on both sides. Extremely well struck for the date and very eye appealing. PCGS 381, NGC 49, CAC 63. There are 38 graded MS66+ at PCGS, and NONE finer! The most recent example to sell was in our Regency Auction XXIV (December 2017) for $4,700 and this SUPERB GEM realized $7,050 in February 2014. A remarkable opportunity for any collector working on a top ranking Morgan set! PCGS# 7184 | ESTIMATE: $4,500+52

PFM COLLECTION OF MORGAN DOLLARS LOT 74 $1 1888-O DOUBLED DIE OBVERSE. PCGS AU58 CAC A GEM AU, “super slider” example of the Hot Lips variety, one of the most sought after varieties in the Morgan dollar series, even garnering placement in the Guide Book of United States Coins. As the moniker implies, the boldest evidence of the doubled die is at Liberty’s lips, (as well as at the nose and chin). Last sold in the Heritage’s November 2004 auction of the Rafael Romero Collection, where it was described in part: “The bright surfaces are essentially untoned, and display sharply struck design elements, except for softness in the hair over Liberty’s ear. Remarkably clean surfaces show just a few minor contact marks and luster grazes on Liberty’s cheek and neck, and in the adjacent field.” PCGS 61, NGC 21, CAC 17. Only nine coins are graded finer at PCGS, the finest being graded MS62. In the above citedRomero Collection, this coin sold for $8,913. At the time, it was tied for finest certified at PCGS. Since then there have been few lower Mint State grade examples graded and sold. A 58+ CAC sold in the 2018 FUN auction for $5,280 and the sole MS62 sold in the 2017 ANA auction for $12,925. This nearly condition census piece retains a wonderful look, that in the old days before certification, would likely have been called “Uncirculated.” Worthy of a strong bid! PCGS# 7308 | ESTIMATE: $4,500+LOT 75$1 1888-S PCGSMS66The mintage of Morgandollars dropped to657,000, only thelowest output of dollarsat the San Franciscomint until 1893,and the third lowestmintage from thatfacility in the entireseries. Ranking amongthe highest graded ateither service, only ahalf dozen are finer atPCGS. A strong brilliantluster swirls alongsmooth, clean surfaces. Well struck throughout, this PQ GEM has a great eye appeal, aided by a barely visible halo of cleargold at the rims.PCGS 32, NGC 13. The current PCGS Price Guide value is $7,000 and the most recent example to sell in auction realized$4,560 (the P.F.M. coin is cleaner and has a bolder radial luster) and another, sold as part of the JC Collection in that same salerealized $7,200. Only six coins are graded higher, 3 in 66+ and 3 in 67. The last 67 sold in our May 2016 Regency AuctionXVII for $24,675. An underrated date in this high a grade and worthy of serious consideration from any advanced collector.PCGS# 7186 | ESTIMATE: $5,500+ 53

PFM COLLECTION OF MORGAN DOLLARS LOT 76 $1 1889 PCGS MS66+ CAC SUPERB and totally frosty brilliant with a strong luster throughout. A pearly/ satiny sheen blooms vividly on both sides. Sharply struck and wonderfully eye appealing, this coin is “oh so close” to an even higher grade! PCGS 466, NGC 207, CAC 94. In 66+ there are 51 at PCGS and 9 at NGC, with only six coins finer. We believe there to be some duplication at the 66+ level in hopes of getting a 67. In the 2018 FUN auction, a non-CAC coin sold for $3,600, and the current PCGS Price Guide value is listed at $3,750. Anything finer is a $16,000+ coin. A superb coin that will delight any Morgan dollar aficionado! PCGS# 7188 | ESTIMATE: $3,000+ OUR ESTIMATES The estimates you see published in this catalog are based on HAMMER. Keep in mind that a coin could be either low or high end for the grade, have stunning color or be dull, all of which radically affect a coin’s value. Yes, there can be huge price differences within a grade, and we offer estimates as a guide so Collector’s can have a better idea of value. One thing we will never do is offer low ball estimates in order to claim stronger sales. These published estimates represent what Legend Rare Coin Auctions determines to be an approximate high wholesale value for the coin. The numbers are based upon current market values, similar trades, auction prices, published prices, and a consideration of the coin’s quality. There is no guarantee that the estimated prices are minimums or are exactly what you can expect to get if you attempt to resell them wholesale. We always advise you to view the coins you are interested in and calculate what you’ll pay using as much information as possible. If you have any questions, please feel free to ask us. We are here to help you!54

PFM COLLECTION OF MORGAN DOLLARSLOT 77$1 1889-CC PCGS MS63One of the classic KEY DATE Morgan dollars that is indemand in all grades. Only 350,000 were struck and thevast majority of this date either went into circulation orwere melted en masse as a result of the Pittman Act of1918. While many dates were heavily represented in theGSA holdings of the early 1970s, only a single coin camefrom the vast quantities of CC dollars from that holding.Despite the rumors of three bags from other sources, aftera look at the PCGS and NGC Population figures, theselikely are just rumors.The MS63 piece in the P.F.M. is about as high a grade asmost Collector’s could even hope to obtain for their sets.Dave Bowers calls the MS63 grade the “optimal collectorgrade” in his Red Book of Morgan dollars. The presentcoin displays a good amount of detail from a bold strike.Soft, satiny mint luster blooms on both sides impartinga bold visual effect for the assigned grade. A few teenyscuffs are noted on either side, and account for the grade,but do not detract from the general eye appeal.PCGS 96, NGC 65. We think that there is someduplication in the population reports, inflated byresubmissions hoping for a higher grade. The majorityof those finer are graded MS64, in fact, only two havegraded finer than MS64 at PCGS, a single MS65 and themonster Eliasberg-Jack Lee MS68. The current PCGS PriceGuide value in MS63 is $51,500 and the most recentexample sold in the 2018 FUN auction for $42,011; justprior to that, we sold one in our December 2017 RegencyAuction XXIV for $49,938. If you are still looking for aCHOICE 89-CC for your set, this is a great chance tofinally end your search!PCGS# 7190 | ESTIMATE: $40,000+ 55

PFM COLLECTION OF MORGAN DOLLARS LOT 78 $1 1889-O PCGS MS66+ After 30+ years of certification, this lone coin is the FINEST graded at PCGS. One look and you will fully agree. This coin has been to CAC and we fully disagree with them not beaning it. We do not see the reason. You name it, this coin has it. The surfaces are as pristine as you will ever see. There are practically no microscopic marks that violate this coins awesome satiny surfaces. A thicker satiny like luster beams from allover. Both sides are untoned. Miss Liberty and the details are frosty and are well struck. Her cheek is perfect- something you do not hardly ever see. The eye appeal is crazy great! PCGS 12, NGC 1. This piece is the only PCGS MS66+ graded, NONE have been graded finer. There is not even a Collector’s Universe Value for an MS66+ (MS66 is only $22,500). We can see this coin possibly setting a record price. The quality and eye appeal are certainly worth of that! If you are building the FINEST set of Morgans, this coin is a must have! PCGS# 7192 | ESTIMATE: $25,000+56

PFM COLLECTION OF MORGAN DOLLARS LOT 79 $1 1889-S PCGS MS66 CAC WOW! What an incredible SUPERB GEM 89-S. One of the lower mintage outputs from the western-most mint, this date does generally come nicely struck and lustrous, however abraided. The P.F.M. collector hand selected this amazing coin for its smooth, clean cheek, bold, blazing mint luster, and strong devices. Well struck devices show only the slightest weakness at the tips of Liberty’s curls. Blast white silver surfaces show not even a trace of tone and the eye appeal is as fresh today as it was when it came off the dies.PCGS 92, NGC 32, CAC 20. This coin is ex FUN 2004 auction (and still housed in the OGH), where it realized $4,830. Thecurrent PCGS Price Guide value is $4,500 and the most recent CAC-approved MS66 sold in April 2016 for $5,170. Only 11 coins are finer, 10 in 66+ and a single MS67--the last 66+ sold in July 2017 for $8,813. Here is another coin that could see a run away price when it crosses the block! Good luck! PCGS# 7194 | ESTIMATE: $4,500+LOT 80$1 1890 PCGS MS65+Despite a mintage of16.8 million pieces,this date is VERYRARE in GEM. Clearlythe majority of themintage was eithermelted down duringthe Pittman Act or justcirculated extensivelywith few Collector’ssaving any. Regardlessof the reason, thereare a mere five coinsgraded finer at PCGS.Brilliant frosty mintluster blooms on bothsides of this well preserved GEM.PCGS 796, NGC 309. In MS65+ PCGS has only graded 61 pieces, and five finer. This coin was the first MS65+ sold in auctionwhen it brought $4,113 back in August 2013, when there was only one finer in the population report. Today, the current PCGSPrice Guide is $1,800. Worthy of a strong bid, a 66 would cost around $10,000.PCGS# 7196 | ESTIMATE: $1,800+ 57

PFM COLLECTION OF MORGAN DOLLARS LOT 81 $1 1890 PCGS MS65 DMPL Tied at the top of the population for the date in DMPL. This flashy, reflective GEM has bold 8” mirrors that beam with blinding clarity. George Morgan’s sharply struck devices are crisply defined and fully frosted. A touch of gold at the rims adds to the superb look. PCGS 10, NGC 2. NONE ARE FINER. The last one to sell realized $9,400 in the 2017 ANA auction, and before that, one sold for $10,012 in the 2013 FUN auction. The current PCGS Price Guide value is listed at $15,000. It is highly doubtful a nicer example will appear in auction anytime soon, so do not let this coin slip your grasp! PCGS# 97197 | ESTIMATE: $9,000+ LOT 82 $1 1890-CC TAIL BAR. PCGS MS64+ CAC From our July 2013 Regency Auction, lot 261, where it was described as: “This is a real borderline MS65! The surfaces have only a few small lines/ invisible ticks/frost breaks, while a strong luster shows off traces of light semi-prooflike mirrors. Both sides are ORIGINAL white and are not dull or dipped out. Miss Liberty and the details are frosty and have exceptional strikes, of course the tailbar is frosty and full. The eye appeal is great!” Of course, the Tailbar is one of the more popular Morgan varieties, so named for the die gauge that connects the eagle’s tail to the wreath. Very rare in such a high grade, with only a handful finer. PCGS 88, NGC 51, CAC 16. Only six of these are 64+, and only five coins are finer. This coin realized $9,200 in 2013 and is the only MS64+ to sell in auction. If you are building a great Morgan set, this coin would make a wonderful addition! We are so pleased to be able to help place this near-GEM into another world-class cabinet of Morgan dollars. Again, we do expect strong bidding when it crosses the block and any MS65 is going to cost at least $25,000! Good luck! PCGS# 87198 | ESTIMATE: $7,500+58

PFM COLLECTION OF MORGAN DOLLARS LOT 83 $1 1890-CC PCGS MS65 PL Strong, reflective luster beams from all over with an impressive eye appeal. Boldly embossed devices show a wealth of details with razor sharp definition. A hint of iridescent tone can be seen in places, but overall the surfaces are devoid of any color. The cheek is very clean and frosty, standing out very nicely from the clear, deep, beaming mirrors. PCGS 16, NGC 5. The most recent example to sell in auction realized $7,050 and there are records that go into the five figures. The current PCGS Price Guide value is $9,000 and there is only a single MS66 PL finer at PCGS. A great coin for any advanced collection! PCGS# 7199 | ESTIMATE: $7,000+LOT 84$1 1890-O PCGSMS66Despite a 10.7 millionpiece mintage, the1890-O is VERY RAREin MS66 grade! Thepresently offered GEMboasts an exceptionallyhigh-end eye appeal.Brilliant frosty lusterbeams with strongradial cartwheels. Thedefinition of the detailsis full and crisp withnice, frosty devicesand a clean cheek.Likewise, the fields arefree of any distracting marks or ticks and both sides are framed by a subtle halo of golden tone.PCGS 29, NGC 5. The most recent example to sell in auction realized $6,000 in the 2018 FUN auction and the current PCGSPrice Guide value is listed at $8,500. Only a single MS66+ is finer and it has never appeared in auction, making this one of thefinest that will appear in the market and nicer than most. A great opportunity for any collector of high-end Morgan dollars toadd this SUPERB coin to their sets!PCGS# 7200 | ESTIMATE: $5,500+ 59

PFM COLLECTION OF MORGAN DOLLARS LOT 85 $1 1890-O PCGS MS65 DMPL Brilliant, icy mirrored fields show off a bold reflection and a vibrant cartwheel luster. The central devices are well struck, but we do note some peripheral weakness at the stars; the design elements are very frosty and do stand out from the mirrored surroundings. There is some light iridescent toning on the obverse, but it does NOT obscure the clarity of the mirrors! PCGS 20, NGC 8. EXTREMELY RARE any finer! There were three coins sold in 2017--ranging from $5,640 to $7,638. The current PCGS Price Guide value is listed at $8,000. Only three coins have graded finer at PCGS, and NONE have sold in auction. PCGS# 97201 | ESTIMATE: $5,500+ LOT 86 $1 1890-S PCGS MS66 PL CAC Tied for FINEST PL graded, and there are NO MS66 DMPLs graded. A rich, icy mirror like luster beams in the fields and they reflect like a freshly polished piece of chrome. Ms. Liberty and the details are sharply struck, with fully crisp definition in her hair curls and eagle’s feathers. Strong, booming luster that rolls along both sides with strong eye appeal. PCGS 4, NGC 1, CAC 5. This coin is ex Holman Family Collection, sold in November 2003. The most recent example to sell in auction brought $9,106 in the 2014 ANA auction. The current PCGS Price Guide value is $8,250 and it would not shock us if this coin brought more! It is a very high-end GEM worthy of any high ranking set of Morgan dollars. PCGS# 7203 | ESTIMATE: $7,500+60

PFM COLLECTION OF MORGAN DOLLARS LOT 87 $1 1891 PCGS MS65 Here is a date that is fairly common in grades up to and including MS64, but RARE in MS65 (excessively so any finer). Brilliantly frosty with a bold luster, this well struck GEM is a very high grade survivor of the date. PCGS 209, NGC 107. The current PCGS Price Guide value is listed at $2,700 and the mostrecent example sold for $1,851 in February 2018. Extremely rare any finer, there are only 14 coins finer at PCGS. With most Collector’s unable to acquire a higher grade piece, that puts lots of demand on MS65s. Why not add this attractive Gem to your collection! PCGS# 7204 | ESTIMATE: $1,800+LOT 88$1 1891-CC PCGSMS66A very rare date insuch a lofty state ofpreservation, the91-CC is usually seenin MS63 and MS64grades. Sharply struckdevices are frosty andthe fields offer a strongpearly, satin-like luster.A small break in thefrost can be seen onLiberty’s chin and a fewteeny toning spots canbe seen with effort, butother than those thesurfaces are generally smooth and pleasing to the eye.PCGS 33, NGC 8. The most recent example sold for $18,000 in a November 2017 auction, and even more recently than that,an NGC coin sold for $19,200 in the 2018 FUN auction. The current PCGS Price Guide value is $21,500 and there are onlyseven coins finer, a PCGS MS66+ selling for $37,600 in February 2016. If you are looking for an example that is ranked amongthe top three grades, be sure to take a look at the P.F.M. 91-CC and prepare to bid!PCGS# 7206 | ESTIMATE: $16,000+ 61

PFM COLLECTION OF MORGAN DOLLARS LOT 89 $1 1891-O PCGS MS65 DMPL CAC EX JACK LEE. We unhesitatingly pronounce this to be the FINEST 1891-O DMPL that exists. We can’t imagine another coin even being remotely close in quality. Plus, this coin was from the greatest Morgan Collection ever assembled- the Jack Lee set. He spent years using his unlimited resources to find the vest best coins. One look and you can immediately see why this coin was chosen for his once in a lifetime collection. At first glance, this coin reminds you of a Proof. The mirrors are a full 8” deep. The mirrors also have great clarity, are amazingly clean, and are highly reflective. When you twirl the coin, the mirrors look like a freshly made sheet of glass. There is a super light hint of original color-NOT haze spread evenly all over. The contrast is strong. Miss Liberty and the details are fully struck and have thick frost. Her cheek is full GEM + and has not even the slightest marks/lines. The eye appeal is memorable and awesome! PCGS 2, NGC 0, CAC 2. Back in 06/2010 a PCGS MS65 DMPL (NO CAC) sold for $57,500. This is quite possibly your only chance to buy the best 1891-O DMPL that exists for a very long time. It’s got everything a Morgan Collector could dream about: quality, rarity, pedigree, and eye appeal. It is certainly more than worthy of the very best Morgan Collection! PCGS# 97209 | ESTIMATE: $55,000+62

PFM COLLECTION OF MORGAN DOLLARS LOT 90 $1 1891-S PCGS MS66 CAC What an incredible, High-end GEM! Bold, brilliant, cartwheel luster rolls along both sides accenting the sharply struck and frosty devices. A dusting of the most subtle, clear gold can be seen on both sides and the reverse shows hints of light reflectivity aiding in a very high-end eye appeal. PCGS 94, NGC 20, CAC 35. The most recent example sold for $4,230 in the 2017 ANA auction. Prior to 2016, CAC approved examples all sold for $5,000+. Today, the PCGS Price Guide value is listed at $3,750, which is still too low for a CAC-approved example and we anticipate this PQ GEM will sell for a very strong price! PCGS# 7210 | ESTIMATE: $3,800+LOT 91$1 1892 PCGS MS65PLEx. R. Dier and ArnoCollections.Tied for the FINEST PLat PCGS. A reflectiveGEM that featuresstrong mirrored fieldsthat accentuate thebold details. The strikewas expertly executed,rendering all the detailsin nearly full definition,even in the hair andfeather details. Thecheek is clean and freeof any distracting marks and in general the mirrored fields are icy smooth and showing a brilliant luster throughout! The eyeappeal is truly special!PCGS 4, NGC 8. When this coin sold in January 2009 as part of the Arno Collection, it realized $13,800. None are gradedfiner at PCGS. Clearly, the PCGS Price Guide of $6,000 is too low. A wonderfully pedigreed piece like this will be a greataddition to any high-end Morgan dollar collection, be sure to take a look and prepare to bid aggressively!PCGS# 7213 | ESTIMATE: $8,000+ 63

PFM COLLECTION OF MORGAN DOLLARS LOT 92 $1 1892-CC PCGS MS66 Ex. R. Dier Collection. Bold, brilliant, and brightly lustrous surfaces have a strong vivacity on both sides. Crisply struck with essentially full definition on both sides, the surfaces are clean and generally free of any marks. A RARITY in this lofty grade, and extremely rare any finer. PCGS 31, NGC 15. There are five coins graded finer at PCGS, with the finest being a 67+. The most recent PCGS MS66 to sell in auction was CAC approved and sold for $24,675 in our September 2016 Regency Auction, and the current PCGS Price Guide value is listed at $31,700. Among the FINEST graded and a true prize for any grade collection! PCGS# 7214 | ESTIMATE: $20,000+64

PFM COLLECTION OF MORGAN DOLLARS LOT 93 $1 1892-O PCGS MS65 CAC While the 92-O is notoriously one of the poorest produced New Orleans mint issues with very weak strikes in the central portions of the design. This remarkable GEM is noted for its boldly struck devices, especially at the central portions of the design, above Liberty’s ear and the eagle’s breast feathers. A bold, swirling, vibrant luster graces the obverse and reverse. The cheek is smooth and free of any distracting marks or lines, and only a few teeny contact marks can be seen on either side, but none detract from the overall superb eye appeal.PCGS 258, NGC 78, CAC 24. The most recent MS65 PCGS/CAC sold for $6,169 in the 2016 ANA auction. Fewer than two dozen coins are graded finer at PCGS, and only one coin is CAC finer. For anyone looking to add a truly hand selected quality GEM to their set, this beauty will certainly entice strong bidding! PCGS# 7216 | ESTIMATE: $4,000+ 2018 CONSIGN NOW TO LEGEND’S AUCTION SCHEDULE: Official Auction for the PCGS Members Only Show THE REGENCY AUCTION 27 July 26th | Caesars | Las Vegas, NV THE REGENCY AUCTION 28 September 27th | Cosmo | Las Vegas, NV THE REGENCY AUCTION 29 November 15th | Hyatt Regency | San Antonio, TX LEGEND INTERNET ONLY PREMIER SESSIONS JUNE 14-24 JULY 12-19 CONSIGNMENT DEADLINE: JUNE 8 CONSIGNMENT DEADLINE: JULY 6 For more information about consigning, contact Julie Abrams ([email protected]) or Greg Cohen ([email protected]) 65

PFM COLLECTION OF MORGAN DOLLARS LOT 94 $1 1892-S PCGS MS65 While the mintage of 1,200,000 is not tiny, the number of Mint State survivors is. Clearly the 92-S was not saved in any quantity at time of issue, and whatever coins that were placed into circulation remained for many years. Your typical survivor tends to be in VF-AU grades, and whatever might have been held in government vaults were melted under the authority of the Pittman Act of 1918 that mandated the conversion of $350,000,000 silver dollars into bullion. Any Mint State survivors exist by pure happenstance. One look at the PCGS and NGC combined populations, and you will see how truly rare this date is: in Mint State grades combined, 114 coins have been graded, from MS60 to MS68. The presently offered MS65 is dusted with a clear silvery-white and pale gold iridescence that is highlighted by a bold, satiny mint frost. Sharply struck on both sides, the deals are crisp and complete. Liberty’s cheek is nice and smooth, and both sides, even when closely inspected with a strong glass, are generally free of any marks, but we note some light die grease and light lines on the reverse. PCGS 4, NGC 1. VERY RARE at this grade level, and excessively so any finer. The most recent example to sell realized $192,000 in the February 2018 Long Beach Auction. We sold a marvelous PCGS MS64 CAC for $293,750 in July 2017. Our consignor purchased this coin in October 2007. PCGS has graded just 10 coins finer, so we wish you the best of luck finding a higher grade example! If you are looking for a MS65 for your set, be sure to take a look at this example and be prepared to bid liberally! PCGS# 7218 | ESTIMATE: $165,000+66

PFM COLLECTION OF MORGAN DOLLARS LOT 95 $1 1893 PCGS MS65 A better date Morgan dollar that is quite scarce in the GEM grades. A bold, rolling cartwheel luster blooms on both sides with a sharp strike. Mostly a bold cartwheel luster with accents of PL reflectivity. A swath of golden tone can be seen on the obverse and the reverse is fully frosted. Ms. Liberty’s cheek is smooth and fully frosted with no breaks in the frost. The eye appeal is very nice. PCGS 240, NGC 82. PCGS has graded only 25 coins finer--the finest being graded MS66. The most recent MS65 graded by PCGS, brought $3,760 in a February 2018 auction and generally these have been bringing in the $4,000 range. The currentPCGS Price Guide value is listed at $4,750, and anything finer could cost into the five figures. A very nice GEM that will see stiff competition from bidders! PCGS# 7220 | ESTIMATE: $3,800+LOT 96$1 1893-CC PCGSMS64Due to the Panic of1893, the mintages ofsilver dollars droppedat all mints, the93-CC saw a mintageof 677,000, about a50% drop in outputfrom the prior year.It is a KEY date inany Mint State grade,and especially so innear gem grades. TheP.F.M. 93-CC has avibrant mint lusterthat swirls on bothsides, accenting the lightest dusting of pewter and gold. Well struck with bold details, especially well defined in the centraldevices. As might be expected at the MS64 level, there are some very minor bag marks. None are horribly distracting ontheir own and the eye appeal is nicer than many out there.PCGS 566, NGC 196. First, looking at the Population figures, there is no doubt that there are lots of duplication reportedat the services. Above MS64, the populations drop dramatically so we can only imagine how many MS64s have beenresubmitted in hopes of receiving a 65 grade. The most recent non-CAC PCGS coins sold for $12,000 (December 2017 andJanuary 2018). The current PCGS Price Guide value is $15,000 and it jumps to $31,500 in 64+ and $80,000 in 65--makingMS64 the highest grade most Collector’s could ever hope to acquire for their sets. As such we think there will be veryserious bidding from many astute Collector’s looking to finally fill this hole in their sets!PCGS# 7222 | ESTIMATE: $12,000+ 67

PFM COLLECTION OF MORGAN DOLLARS LOT 97 $1 1893-O PCGS MS64 Only 300,000 silver dollars were struck for the 93-O issue, and it is not only scarce in all grades, but it is exceptionally hard to find in such high grades, and EXTREMELY RARE any finer! The presently offered near-GEM has a very high-end look. First the satiny mint frost has a glowing, silvery sheen that enlivens the smooth surfaces. A dusting of pearly frost can be seen at certain angles and there are a few teeny ticks on the cheek and in the fields, but the eye appeal is generally nice overall. PCGS 89, NGC 29. There are only ten PCGS coins are graded finer. The most recent example sold for $10,800 in November 2017. The P.F.M. collector paid $13,800 for this coin in March 2010. The current PCGS Price Guide is $17,000 and a 64+ brought $42,300 and any 65 is a $150,000+ coin! Seems a nice 64 like the present example offers a lot of value! PCGS# 7224 | ESTIMATE: $12,000+68

PFM COLLECTION OF MORGAN DOLLARSLOT 98$1 1893-S PCGS AU58Ex Shrike Set. The KING of the Morgan dollar series, therarest date struck for circulation, and an important KEYdate in ANY GRADE. Only 100,000 were struck, thelowest of all where surviving coins are known (there are12,000 1895 Philadelphia mint issues listed as havingbeen coined, but none of these are known).Only light friction on the surfaces keep this lustrous piecefrom a full Mint State grade. Under a strong glass we notesome very fine lines and a scuff or two that we describefor full disclosure. A pale light gold color can be seen onthe surfaces when the the lustrous surfaces are viewed ina light source.PCGS 13, NGC 15. This is the most recent example to sellin auction, realizing $80,500 in the 2011 FUN Auctionthat featured the Shrike Set and goin back to 2003, onlytwo other PCGS AU58s have ever sold in auction! AnyMint State coin is a six-figure coin, with the most recentMS60, an NGC coin selling for $123,375 in September2013. We think the PCGS Price Guide of $55,000 is justplain wrong. For an example of this KEY Morgan not toappear in over seven years, this is an opportunity notto be taken lightly! You can now finally upgrade yourcollection! Good luck!PCGS# 7226 | ESTIMATE: $75,000+ 69

PFM COLLECTION OF MORGAN DOLLARS LOT 99 $1 1894 PCGS MS64 CAC As the nation’s economy stagnated following the Panic of 1893, Morgan dollar mintages remained low--in fact, the Philly mint output in 1894 was limited to 110,000--only 10,000 more than the 93-S. The presently offered near-GEM has a pale gold and lavender pastel iridescence that is brought out by a remarkable cartwheel luster. Totally original surfaces show a few tiny ticks, but the eye appeal is superb for the grade! Housed in an old green tag holder. PCGS 266, NGC 119, CAC 45. In September 2010, this coin sold for $8,050 and the current PCGS Price Guide value is $9,000. We figure that there will be intense bidding to add this gem a high ranking set. PCGS# 7228 | ESTIMATE: $7,500+ LOT 100 $1 1894-O PCGS MS64 Ex. The Shrike Set. A semi-key date that is quite rare in such a lofty grade. A more than decent near-gem quality coin that has a brilliant, satiny luster that glows when rotated. Well struck, save for some minor softness in the curls and eagle’s breast feathers. Ms. Liberty’s cheek is smooth and clean, with only a small mark or two. The eye appeal is strong with just a dusting of pearly-gold iridescence. We are not entirely sure why this coin did not CAC. PCGS 358, NGC 234. The current PCGS Price Guide value is $8,750. There were two MS64s that sold in the recent 2018 FUN auction, an NGC coin that sold for $7,500 and a PCGS that brought $6,000, but previously non-CAC PCGS coins have sold in the $7,000 to $8,000 with some examples breaking the $10,000 level. If you can find a 65 it will cost you around $50,000! A wonderful coin that deserves a home in another high ranking set. PCGS# 7230 | ESTIMATE: $7,000+70

PFM COLLECTION OF MORGAN DOLLARS LOT 101 $1 1894-S PCGS MS65 The 94-S is often overlooked because of the key date issues that surround it, but it is a conditionally rare Morgan dollar issue. Pale, pearly pewter color comes out when the vivid mint bloom radiates the light. GEM quality surfaces show only the most minute of contact and none of these are in prime, focal areas of the design. PCGS 161, NGC 40. VERY RARE any finer. The most recent sold in the FUN 2018 auction for $4,560 and one sold inDecember 2017 for $5,400. The current PCGS Price Guide value is listed at $6,250. This eye appealing GEM should see strong bidding. PCGS# 7232 | ESTIMATE: $4,000+ OUR ESTIMATES The estimates you see published in this catalog are based on HAMMER. Keep in mind that a coin could be either low or high end for the grade, have stunning color or be dull, all of which radically affect a coin’s value. Yes, there can be huge price differences within a grade, and we offer estimates as a guide so Collector’s can have a better idea of value. One thing we will never do is offer low ball estimates in order to claim stronger sales. These published estimates represent what Legend Rare Coin Auctions determines to be an approximate high wholesale value for the coin. The numbers are based upon current market values, similar trades, auction prices, published prices, and a consideration of the coin’s quality. There is no guarantee that the estimated prices are minimums or are exactly what you can expect to get if you attempt to resell them wholesale. We always advise you to view the coins you are interested in and calculate what you’ll pay using as much information as possible. If you have any questions, please feel free to ask us. We are here to help you! 71

PFM COLLECTION OF MORGAN DOLLARS LOT 102 $1 1895-O PCGS MS63 A famous, KEY DATE Morgan dollar that saw a mintage of only 350,000. Clearly the vast majority of these were put into circulation where they remained, the typical survivor is apt to be moderately to heavily worn. Mint State survivors are VERY RARE indeed! Fully CHOICE pieces like this are a dream for most Collector’s, and very rarely come around. The presently offered CHOICE Mint State coin has a bold, frosty mint luster that radiates brilliantly on both sides. A pearly sheen shows off a delicate clear gold that highlights a bold strike for the date. Subtle contact can be seen when rotated at various angles, but that is to be expected at the MS63 grade level. PCGS 19, NGC 15. The most recent example to sell in auction realized $50,400 in the 2018 FUN auction. Going back to 2000, there have only been 15 appearances of a PCGS graded MS63 95-O. The current PCGS Price Guide value is listed at $55,000 and with only 24 coins graded finer in all grades, anything finer will cost significantly more. What a great opportunity for any advanced Morgan dollar specialist. PCGS# 7236 | ESTIMATE: $45,000+72

PFM COLLECTION OF MORGAN DOLLARS LOT 103 $1 1895-S PCGS MS65 Ranking near the top of the Population Report at PCGS, only seven coins are graded finer. Like many other dates in the 1890s, the mintages were lower than usual following the Panic of 1893 and only 400,000 Morgan dollars were coined at the western most facility. The fields show a moderate reflection amplified by a brilliant cartwheel luster. Typical to the date, there are a number of die striations seen in the fields of bothsides and the devices are crispy struck with bold definition. . Under close inspection with a glass, we note some hidden bag marks. Most Mint State graded coins came from a few bags that were released in 1942 and into the 50s; and the Redfield hoard had perhaps a full bag. Examples from those holdings often come heavily bagmarked. The present coin is of hand selected quality and boasts a bold visual appeal for the date. PCGS 38, NGC 10. The current PCGS Price Guide value is listed at $19,000. There is a very wide range of auction results for GEM examples of this scarce date. Case in point, the most recent sold for $12,925 in the 2017 ANA auction. But goingback to 2004, most PCGS coins have sold for $15,000+ with records in 2004, 2005, 2007, and 2008 for over $25,000! This very attractive coin is well suited for any high-end collection of Morgan Dollars. It was hand selected by the PFM collector, and now will have a chance to represent this date in another carefully assembled set! Good luck! PCGS# 7238 | ESTIMATE: $14,000+LOT 104$1 1896 PCGS MS67CACThe 1896 is one ofthose dates that evenin the lofty MS67 gradeis ubiquitous, givingCollector’s a chanceto carefully selectexamples for their sets.The PFM collector didjust that! Especiallysatiny and lustrous,this untoned SUPERBGEM has a strong strikeand frosty devices thatreally captivate the eye.PCGS 225, NGC 72, CAC 71. VERY RARE any finer! The last one to sell in auction realized $2,820 (a moderately tonedexample) in our Regency Auction 25. Before that, one sold in July 2017 in our Regency Sale, for $1,938. The current PCGSPrice Guide value is $1,950. Only 28 coins are graded finer, most are in 67+ and only 2 are in 68. This SUPERB GEM willentice even the pickiest of Collector’s.PCGS# 7240 | ESTIMATE: $1,800+ 73

PFM COLLECTION OF MORGAN DOLLARS LOT 105 $1 1896-O PCGS MS64 Here is a coin that was clearly hand selected by a very fastidious collector--one look at it and you know that it is better than most seen. For the date, the strike is quite bold. Liberty’s curls and eagle’s breast feathers show only the slightest hint of weakness. The luster is frosty, displaying a pearlescent, satin glow. The devices and fields are both devoid of any serious marks or ticks. A glass does reveal a few teeny ticks and a single minor hairline along the cheekbone, all of which are taken into account by the PCGS assigned grade. The 1896-O is one of the most lackluster, poorly struck date in the entire series, and as expert Wayne Miller wrote, “the 1896-O is the rarest of all Morgan dollars in truly gem condition.” Most of the 4.9 million struck were released directly into circulation, where they were to remain for a long time. Many probably were melted in pursuant to the 1918 Pittman Act, and though a few bags were released from Treasury holdings in the 50s and 60s, they were typically in lower Mint State grades, MS60-62. PCGS 29, NGC 11. No doubt these figures include some duplication in the attempt of receiving an MS65 grade. This effort has been clearly futile, as in over 30 years of operations, combined, PCGS and NGC have graded a half dozen coins finer--Wayne Miller’s words are clearly proven by the grading statistics. The most recent example to sell in auction realized $30,000 in the 2018 FUN auction. Prior to that, one sold in November 2013 for $32,900. The current Collector’s Universe value is listed at $40,000. Even the Coronet Collection the #1 PCGS Hall of Fame set was also a 64 and sold in 2015 for $47,000 in our October 2015 Regency Auction XIV. Keep in mind that nothing finer has sold since 2005! This near-GEM example of this classic Morgan dollar condition rarity will certainly attract strong bidding from any advanced collector! We can see it bringing a very strong price when the the gavel falls. PCGS# 7242 | ESTIMATE: $30,000+74

PFM COLLECTION OF MORGAN DOLLARS LOT 106 $1 1896-S PCGS MS65 With a 5 million coin mintage, one might think the 96-S is a common date. However, in part to extensive circulation and wholesale melting in 1918, very few survive in higher grade Mint State. Offering an above average strike for the date, only light weakness is noted in Liberty’s hair curls and the eagle’s breast. The cheek is smooth and pleasing overall, we note only the lightest tiny ticks here and there, wholly acceptable for the assigned grade. The eye appeal is excellent.PCGS 70, NGC 14. VERY RARE any finer and we believe there is duplication in the Population Report. The last one to sell in auction brought only $8,400 in the 2018 FUN Auction. Prior to that, these were regularly selling in excess of $10,000. The current PCGS Price Guide value is listed at $13,000 and with only 8 graded higher at PCGS, a 65+ will cost $20,000+ and certainly a 66 would cost around $75,000. An important opportunity for the advanced Morgan collector. PCGS# 7244 | ESTIMATE: $8,000+LOT 107$1 1897 PCGS MS67CACExceptionally brilliantand eye appealing, thisSUPERB GEM has, overthe last two decadesgraced two top-10PCGS Registry Sets ofMorgan dollars; firstoffered in the 2005 saleof the Cajun Collection(at the time the #3 set)and now the P.F.M.Collection (current #6set). It is NOT hardto understand whythis SUPERB GEMappealed to both Collector’s: well struck, lustrous, and offering a bold, totally PQ look!PCGS 35, NGC 10, CAC 7. In the March 2005 sale of the Cajun Collection, this SUPERB coin sold for $7,590. The only PCGS.CAC coin to sell in auction for $10,869 in December 2014. Only two coins, both MS67+ have graded finer at PCGS, neither ofwhich have sold in auction. Clearly one of the FINEST known, and bound for a very high-end set! Good luck!PCGS# 7246 | ESTIMATE: $7,000+ 75

PFM COLLECTION OF MORGAN DOLLARS LOT 108 $1 1897-O PCGS MS64 Another important condition rarity in the 1890s, rare in the current grade, and very difficult to obtain any finer. Sharply struck on both sides, this near-GEM has a bold luster in the fields and a very frosty look on the devices. A very subtle, delicate clear gold can be seen on both the obverse and reverse in places adding to this coin’s wonderful eye appeal. It clearly was hand selected for quality and eye appeal by the P.F.M. collector. PCGS 39, NGC 26. The most recent PCGS graded example sold for $14,100 and the current PCGS Price Guide value is listed at $14,000. There are two records that surpass $28,000. VERY RARE any finer! Only sixteen coins have graded finer, and they do not appear with any frequency. Bound for a high ranking set of Morgan dollars. PCGS# 7248 | ESTIMATE: $12,000+ LOT 109 $1 1897-S PCGS MS67PL The mirrors are so blinding on this GEM you really do need Ray Bans to view it! This coin has been to CAC and we are beside ourselves as to why they did not sticker it (we see no reason). Deep 4”+ mirrors are bold and beam wildly from all over. You do NOT have to imagine the mirrors. In fact, the mirrors border on full DMPL status. The mirrors exhibit remarkable clarity, cleanliness, and as we mentioned, have a nearly blinding reflection. When you twirl this coin the mirrors have a tremendous “deep dish” cartwheel look. There is strong contrast. Both sides are untoned. Miss Liberty and the details are fully struck and have thick white frost. The eye appeal is jaw dropping! PCGS 4, NGC 2. The last one to sell in auction brought $19,988 02/2016. The current Collector’s Universe Value is $21,500 PFM was very picky about his Morgans, this coin was what we call a “no brainer” to be included in his set. It should be a “no brainer” to be included in ANY great Morgan Collection being built. PCGS# 7251 | ESTIMATE: $17,500+76

PFM COLLECTION OF MORGAN DOLLARS LOT 110 $1 1898 PCGS MS67 CAC A SUPERB GEM! Boasting a solid strike, full booming mint luster, and totally untoned, blast white silver surfaces this 1898 Morgan has a stone bold original look. Clearly, by some miracle, it survived so magnificently preserved, void of any serious contact and the cheek is of especially wonderful quality. PCGS 145, NGC 17, CAC 14. This coin was purchased by our consignor in the May 2004 Central States auction, where it realized a very strong $7,188. There was a record for a CAC coin in September 2013 and one for $6,325 in the 2011 FUNauction. More recently, they have sold for less, but this SUPERB GEM is worthy of any very high ranking set. We expect very strong bidding for this SUPERB GEM! PCGS# 7252 | ESTIMATE: $3,500+LOT 111$1 1898-O PCGSMS66 PL CACGlorious, flashy,cartwheel luster has abold reflectivity andmirrored fields. Sharplystruck and displayingmagnificent PQsurfaces, this coin has avery impressive visualappeal.PCGS 57, NGC 22,CAC 20. Only onePCGS/CAC coin hasever sold in auction,realizing $676 inNovember 2016. The current Collector’s Universe value is listed at $900 and there are only eight coins finer. This visuallyalluring GEM should entice considerable bidding.PCGS# 7255 | ESTIMATE: $650+ 77

PFM COLLECTION OF MORGAN DOLLARS LOT 112 $1 1898-S PCGS MS66 A truly handsome example of this conditionally rare issue. A strong mint brilliance shines vividly on both sides as the silver cartwheels roll along the gemmy surfaces. Remarkable in terms of strike and overall eye appeal this MS66 has a bold, defect free look. PCGS 84, NGC 11. This coin sold in the 2010 FUN auction, where our consignor purchased it for $4,600. The current Collector’s Universe value is listed at $4,050. There are a mere fifteen coins finer, most in 66+. PCGS# 7256 | ESTIMATE: $3,000+ LOT 113 $1 1899 PCGS MS66 DMPL While the 1899 is a low mintage year, with only 330,000 struck, bags were released in the 1950s and 1960s, allowing for a larger number of Mint State survivors, however, very few of these are with full DMPL surfaces. This ultra reflective, deeply mirrored GEM is tied at the apex of the popula- tion--none are graded finer. The devices are razor sharp in strike and they are boldly contrasted against the mirrored fields. The cheek and eagle are especially frosted. Both obverse and reverse display a delicate iridescent toning that adds to the impressive eye appeal. PCGS 12, NGC 8. The most recent example to sell in auction realized $5,405 in June 2017 and prior to that, a CAC approved example sold for $7,638 in the 2015 FUN auction. The current CU value is listed at $7,600 and this OGH-holdered GEM should attract strong bidding, especially when you consider NONE ARE GRADED FINER! PCGS# 97259 | ESTIMATE: $5,500+78

PFM COLLECTION OF MORGAN DOLLARS LOT 114 $1 1899-O PCGS MS67 CAC “Minty fresh!” This beautiful Premium Quality, SUPERB GEM looks as lustrous and high-end as it did the moment it came of of the dies. For an O-mint issue, the central devices are nicely struck and frosty, while the fields are aglow with a rich satiny luster. You can tell that the P.F.M. collector hand selectedthis beauty carefully for its really high-end look! While common in grades up to MS66, this date is VERY scarce in Ms67 and extremely rare finer. PCGS 176, NGC 114, CAC 55. The most recent example to sell realized $3,995 in our December 2017 Regency Auction.This remarkable coin sold in an internet auction back in 2005. Keep in mind that there are only 11 coins graded higher, the most recent MS67+ sold in our $7,638 in our May 2016 Regency Auction. PCGS# 7260 | ESTIMATE: $3,000+LOT 115$1 1899-O MICRO O.PCGS MS61VAM-6, a TOP 100Variety. Very rare inMint State, mostlyuntoned and quitelustrous, this MicroO is a very popularvariety amongCollector’s. A pleasing,original coin that willentice strong biddercompetition!PCGS 5, NGC 5. Thiscoin sold for $3,525 inthe 2015 ANA auction,and the current Collector’s Universe value is listed at $4,250. Good luck!PCGS# 87260 | ESTIMATE: $3,000+ 79

PFM COLLECTION OF MORGAN DOLLARS LOT 116 $1 1899-O MICRO O. PCGS MS64+ CAC A very popular variety in essentially GEM quality! VAM-4, considered one of the “Top 100” varieties. The tiny “O” mintmark is thought to have been originally used on quarter dies, and somehow a few dies were prepared with this feature. The presently offered example is among the FINEST known, not just for VAM 4, but all Micro Os. Of the three VAMs for the variety, VAM 4 is the rarest. Very attractive and well struck, this coin has a bold, frosty mint bloom with just a touch of light gold at the peripheries. Under close examination with a strong glass, we do note a few tiny grazes, but these are totally acceptable for the assigned grade. PCGS 8, NGC 2, CAC 5. This is one of four MS64+s graded and there are only three finer at PCGS. The P.F.M. collector purchased this gem for $29,375 in June 2016. Prior to that selling, a PCGS MS64 (no + or CAC) sold for $49,938 in the 2014 FUN auction. The current PCGS Price Guide value is listed at $27,000 but clearly this should sell for more than that. An opportunity of the utmost importance for the advanced Morgan dollar collector, no doubt it should see very strong bidding when it is called to the auction block! PCGS# 87260 | ESTIMATE: $25,000+80

PFM COLLECTION OF MORGAN DOLLARSLOT 117$1 1899-S PCGS MS67 CACWe declare this SUPERB GEM to be a full MONSTERGEM! Even though there are two MS67+, we cannotimagine a finer piece!Remarkable surfaces display fully proof like mirrors. Themirrors are actually 4” deep. You do not have to imaginethem existing. There are ZERO marks or lines anywhere.A full booming luster can be seen from across the room(along with the flash from the mirrors). There actually issome slight contrast. Both sides are untoned. Miss Libertyand the details are frosted a silvery white and are fullystruck. Her cheek is out of this world clean (no real rollermarks as commonly seen). The eye appeal is phenomenal!PCGS 9, NGC 2, CAC 3. The last PCGS CAC piece tosell in auction brought $37,600 08/2015. Being asphenomenal as it is we can see this coin selling in recordprice territory. If you are building a SUPERB GEM set ofthe VERY finest, this coin is a “must have!PCGS# 7262 | ESTIMATE: $30,000+ 81

PFM COLLECTION OF MORGAN DOLLARS LOT 118 $1 1900 PCGS MS67 While not rare in an absolute sense, in such a lofty grade, the 1900 is a very rare date. The present SUPERB GEM is boldly impressed with a rich frosty mint luster throughout. A few ancient tiny lines can be seen with effort, but overall the eye appeal is PQ and very attractive. PCGS 53, NGC 48. This coin sold in November 2006 for nearly $10,000. Another sold soon after for $11,500. The current Collector’s Universe value is listed at $5,000 but this high-end, PQ Superb GEM should realize well in excess of that amount. Only five examples are graded finer, all MS67+. PCGS# 7264 | ESTIMATE: $5,000+ LOT 119 $1 1900-O PCGS MS67 CAC EX JACK LEE. A SUPERB GEM worthy of the late, great Jack Lee! You know that any coin that came from the Jack Lee collection is of the highest possible quality and eye appeal. Very sharply struck throughout. For a 1900-O the luster is bold and strong with flashy radial mint bloom that accents the boldly defined details on both sides. The luster is blazing with full cartwheel effect. Once you view this coin you will truly appreciate its amazing quality! PCGS 81, NGC 77, CAC 38. The most recent PCGS/CAC coin to sell in auction realized $2,880 in the 2017 FUN auction. The Coronet Collection coin, a very high-end example, similar to this one, sold for $4,818 in our October 2015 Regency Auction XIV. This is a world-class, high-end GEM bound for another world class set! Good luck! PCGS# 7266 | ESTIMATE: $3,000+82

PFM COLLECTION OF MORGAN DOLLARS LOT 120 $1 1900-O/CC PCGS MS66 CAC Wonderful, swirling cartwheel luster beam from all over on both sides. This is an impeccable PQ GEM with a bold look. Sharply struck and displaying only the finest, silver mint brilliance, this superb coin has a wonderful eye appeal. The over mintmark is seen with a glass. Devoid of any serious marks and very high-end for the assigned grade. PCGS 134, NGC 12, CAC 44. The most recent example to sell in auction realized $4,465 in a November 2016. Since then, a non-CAC coin did sell in April 2017 for $6,463. The current Collector’s Universe value is listed at $4,750. VERY RARE any finer, only 11 have graded finer, the most recent MS66+ sold in August 2016 for $9,400. Worthy of a strong bid! PCGS# 7268 | ESTIMATE: $4,000+LOT 121$1 1900-S PCGSMS66EX CASPER/LARRYSHAPIRO. A brilliant,flashy GEM. Mostlyuntoned with a swathof the palest gold onboth the obverse andreverse. Nicely struckon both sides anddevoid of any marks ofsignificance. Comingfrom the collectionsof two Morgan dollarspecialists, and MikeCasper acquired thislovely GEM fromMorgan dollar legend John Love, you know this impressive coin has a an equally impressive pedigree.PCGS 124, NGC 27. The last example sold in the 2018 FUN auction for $3,360 and the current Collector’s Universe valueis listed at $3,250. With only 18 graded higher, this is a great grade for Collector’s to add a very high grade piece withoutpaying a high price.PCGS# 7270 | ESTIMATE: $2,800+ 83

PFM COLLECTION OF MORGAN DOLLARS LOT 122 $1 1901 PCGS MS63 What a great coin for the collector! Unlike many other dates that were held in quantity in Treasury vaults that were released in the 1940s to the 1960s. Either the vast majority of the nearly seven million coins struck went directly into circulation or the mass quantities that were stored in the Treasury vaults were melted under the orders from the 1918 Pittman Act. Either way, not counting the 1895 Proof Only issue, this is the RAREST Philadelphia Mint issue to find in Mint State. This is a fully CHOICE example. Richly lustrous, bold satiny mint frost throughout graces both sides. Minimally scuffed or marked, none of the few tiny ticks have a negative affect on the overall PQ for the grade eye appeal. PCGS 131, NGC 99. The most recent auction sale of a PCGS MS63 was in March 2017 where one sold for $10,575. One sold in November 2016 for $24,675, and the current PCGS Price Guide value is listed at $13,500 and this coin could possibly exceed that level. Keep in mind a 64 will cost over $50,000! PCGS# 7272 | ESTIMATE: $10,000+ LOT 123 $1 1901 DOUBLED DIE REVERSE. PCGS AU58 CAC On this rare variety the doubling is most evident along the lower eagle’s details and in E PLURIBUS UNUM. Bold satiny luster accents pale golden toning, particularly on the reverse. Sharply struck and very pleasing overall. VERY RARE any finer! PCGS 17, NGC 11, CAC 5. The most recent example sold in auction in the 2017 Central States auction. A non-CAC example brought $11,750 in the 2016 ANA auction, and the current Collector’s Universe value is listed at $15,000. Only four coins are graded finer. and any PCGS-graded example any finer will cost $30,000+. A real prize for an advanced Morgan dollar collector. PCGS# 7302 | ESTIMATE: $10,000+84

PFM COLLECTION OF MORGAN DOLLARS LOT 124 $1 1901-O PCGS MS66 Bold and frosty, this satiny GEM is well struck and fully GEM quality. Untoned and very eye appealing, RARE any finer! PCGS 55, NGC 489. The current PCGS Price Guide value is listed at $650, and the most recent example to sell in auction realized $558 (a CAC coin). We are not exactly sure why CAC didn’t bean this GEM. PCGS# 7274 | ESTIMATE: $500+LOT 125$1 1901-S PCGSMS66 CACRanking high amongthe the survivors, thepresent PremiumQuality GEM hasbeen off the market fornearly a generation! Itis highly lustrous witha boom cartwheelfrost. Totally untonedboth sides have boldstrikes. Satiny smoothsurfaces are clean andfree of any distractingmarks and the cheekis especially clean andsmooth, quality that would please even the pickiest old time collector.PCGS 39, NGC 6, CAC 9. No CAC-approved example has ever sold in auction. This high-end GEM sold for $9,775 backin July 2003. We sold an example in December 2015 for $9,400 and the most recent example to sell in auction was in theJanuary 2018 FUN sale where two were offered, one at $5,520 and the other at $7,200. The current Collector’s Universe valueis listed at $8,250. A wonderful coin, and remember only eight coins are graded finer at PCGS.PCGS# 7276 | ESTIMATE: $8,000+ 85

PFM COLLECTION OF MORGAN DOLLARS LOT 126 $1 1902 PCGS MS66 PL CAC Beaming prooflike luster offers watery, mirrorlike reflection in the fields. Delicate iridescent gold-silver tone dusts both sides of this PQ GEM. Sharply struck on both the obverse and reverse, the every detail is crisply defined. The cheek is frosty and totally smooth, the quality is very High-end! PCGS 9, NGC 1, CAC 2. There are NO PLs graded finer at either service. The current Collector’s Universe value is listed at $7,500 and only two PCGS examples have ever sold in auction, both non-CAC. The most recent sold in November 2017 for $4,560 and the other sold back in January 2001 for $4,830. Clearly these DO NOT appear with any frequency! Good luck! PCGS# 7279 | ESTIMATE: $4,500+ LOT 127 $1 1902-O PCGS MS67 A billowy, frosty SUPERB GEM that is tied for finest graded. Nicely struck for the date the central devices show very full, complete details. The cheek is satiny and clean, free of any serious marks or flaws of any kind or size. Light iridescent toning can be seen in areas, attesting to originality. The eye appeal is very nice for the date. PCGS 32, NGC 27. Three PCGS-graded coins sold in the 2017 FUN auction: 2 CAC coins sold for $12,925 and $16,450; and a non-CAC coin that sold for $9,106. Examples have generally sold in the low-five figures and the current Collector’s Universe value is listed at $15,000. Here is a very pleasing example that is among the finest of the date. Bound for another high ranking Registry Set. PCGS# 7280 | ESTIMATE: $9,000+86

PFM COLLECTION OF MORGAN DOLLARS LOT 128 $1 1902-S PCGS MS66 A satiny mint luster glows with a vibrant cartwheel swirl on both sides of this Premium GEM. The brilliance is impressive given that the date usually comes with a “greasy” look. Slightly weak in the central devices as typically seen on examples of this date. The planchet shows some minor striations as part of the manufacturing process and both sides are totally devoid of any serious marks.PCGS 47, NGC 8. Only 11 coins have graded finer. The most recent 1902-S in MS66 was an NGC-graded coin that realized $14,400 in the 2018 FUN auction. Prior to that, we sold a PCGS coin for $4,818. The current PCGS Price Guide lists a value of $6,250. VERY RARE any finer, a mere 11 coins are graded higher, and the most recent MS67 to sell in auction was our sale of the Clapp-Eliasberg-Jack Lee-Hansen- Casper- Arno- Sunnywood/Simpson collection coin that sold for $52,875 in our October 2014 Regency Auction. PCGS# 7282 | ESTIMATE: $4,800+LOT 129$1 1903 PCGS MS67CACA date that isconsidered RAREin this grade,prohibitively any finer.This remarkable oldholdered SUPERBGEM survivor has abold look. Brilliantcartwheel lusterblooms from under adelicate pearlescence.Very high-end lookingexample that is totallyoriginal.PCGS 99, NGC 108, CAC 47. Only eight coins are graded finer at PCGS, all of which are MS67+. The most recent PCGSMS67 CAC to sell in auction realized $3,840 in December 2017 and the current PCGS Price is $3,500. A very pleasingSUPERB GEM that will delight any old time collector.PCGS# 7284 | ESTIMATE: $2,800+ 87

PFM COLLECTION OF MORGAN DOLLARS LOT 130 $1 1903-O PCGS MS67 Billowing mint brilliance smoothly rolls along on both sides. The devices are sharply struck and displaying a totally original peachy-rose- gold color in areas on both sides. The eye appeal is excellent! PCGS 86, NGC 50. The current Collector’s Universe value is listed at $4,000. Only a single MS67+ is graded finer, and that coin has never sold in auction. Good luck! The 1903-O was once the KING of the Morgan dollars, out ranking any other Morgan dollar rarity. That was before October 1962. That month what happened is numismatic history: mint sewn original bags were discovered. The number of Mint State coins went from perhaps 10 to tens of thousands! Today, over fifty years after the hoard was discovered, the majority were in lower Mint State grades. Today, even in grades up to and including MS66, the 1903-O is fairly common. It is VERY SCARCE in MS67 and UNIQUE any finer (there is only a single MS67+ at PCGS). PCGS# 7286 | ESTIMATE: $3,200+ LOT 131 $1 1903-S PCGS MS66 CAC Ex. Morris Silverman Collection. Shimmering surfaces possess intense frosty mint brilliance. Well struck with crisp definition to the devices. There are a few tiny old ticks that we can see but none are in any of the focal areas of the design. Very scarce in this grade and VERY RARE any finer. PCGS 40, NGC 8, CAC 11. Only three PCGS/CAC coins have ever sold in auction, all in 2011. These ranged from $16,100 to $19,550. Back in April 2002 this GEM sold for $9,200. This coin last sold over 16 years ago! The current PCGS Price Guide value is listed at $16,000. VERY RARE any finer! A handful of 67 and a 67+ sit at the apex of the grading scale, with the Clapp-Eliasberg- Jack Lee- Arno- Sunnywood/Simpson coin that we sold for $74,438 in October 2014 as the finest. PCGS# 7288 | ESTIMATE: $12,500+88

PFM COLLECTION OF MORGAN DOLLARS LOT 132 $1 1903-S VAM-2. MICRO S. PCGS AU50 One of the FINEST examples of this Top 100 variety. This is a RARE variety, mostly seen in lower grades. It is particularly rare in AU and finer grades, with just a few finer. This variety was created when a mint employee mistakenly used an S punch for a quarter. Light friction is seen on both sides. Very pleasing light gray color and accents of lilac and gold. PCGS 8, NGC 6. This pleasing coin sold for $6,325 in the August 2010 ANA sale, as part of the Snake River Collection. Twenty coins are graded finer, with a UNIQUE MS62 being the finest. The current PCGS Price Guide value is listed at $7,500 and keep in mind that the values go into the five figures any finer. This is a very important opportunity for the advanced collector that should NOT be missed! PCGS# 7306 | ESTIMATE: $5,000+LOT 133$1 1904 PCGS MS65A brilliant satin lusterswirls on both sides ofthis impressive GEM.Strong silver lusterbeams accentuatingthe very boldly struckdevices.PCGS 346, NGC 110.This coin was lastsold in May 2009 for$2,530 and beforethat it realized $3,220.The current Collector’sUniverse value is listedat $1,700.PCGS# 7290 | ESTIMATE: $1,500+ 89

PFM COLLECTION OF MORGAN DOLLARS LOT 134 $1 1904-O PCGS MS67 CAC Yet another darling SUPERB GEM Morgan from the PFM Collection. Exquisite surfaces have no real hits. A few trivial frost breaks/ light ticks are all you can see. The surfaces are super sleek and smooth. For an O Mint, the luster is unusually bold and is full cartwheel like. Both sides are mostly white with a splash of pale gold. Miss Liberty and the details are sharply struck and do stand out. The eye appeal is wonderful! PCGS 50, NGC 32, CAC 17. PCGS has graded NONE higher. This is really hard to believe, the last PCGS CAC piece to sell in auction (not the toned Northern Lights coin which realized $39,000) brought $5,405 in our 2015 Coronet Collection sale. Prior to that, the last one sold in 01/2011. It is a myth this is a commoner date- especially in such a lofty grade! PCGS# 7292 | ESTIMATE: $4,500+ 2018 CONSIGN NOW TO LEGEND’S AUCTION SCHEDULE: Official Auction for the PCGS Members Only Show THE REGENCY AUCTION 27 July 26th | Caesars | Las Vegas, NV THE REGENCY AUCTION 28 September 27th | Cosmo | Las Vegas, NV THE REGENCY AUCTION 29 November 15th | Hyatt Regency | San Antonio, TX LEGEND INTERNET ONLY PREMIER SESSIONS JUNE 14-24 JULY 12-19 CONSIGNMENT DEADLINE: JUNE 8 CONSIGNMENT DEADLINE: JULY 6 For more information about consigning, contact Julie Abrams ([email protected]) or Greg Cohen ([email protected])90

PFM COLLECTION OF MORGAN DOLLARSLOT 135$1 1904-S PCGS MS67 CACDescribed in our sale of the Coronet Collction as: “Thisamazing 1904-S looks like it’s been extra carefullystored from the day it left the bank until the day it wasencapsulated. A true borderline MS68!Absolutely perfect surfaces will pass every test. You won’tfind problems of any kind. A decent luster shows off amoderate, mellow mix of original golden brown/deepchampagne/pale olive evenly spread all over. Miss Libertyand the details are fully struck and the eye appealis pleasing! “To that we will add that this coin has an impressiveprovenance, first being a part of the Anne Kate Collection,then going into the Coronet Collection. In the course ofa dozen years, this marvelous GEM has resided in threemajor collections of Morgan dollars.PCGS 2, NGC 1, CAC 1. This world class coin realized$70,500 in our October 2015 Regency Auction on anestimate of $45,000 to $50,000. The current Collector’sUniverse value is listed at $70,000 and it would not beshock if this SUPERB GEM realized that today! What agreat opportunity for any advanced collector!PCGS# 7294 | ESTIMATE: $60,000+ 91

PFM COLLECTION OF MORGAN DOLLARS LOT 136 $1 1921 MORGAN. PCGS MS66+ CAC After a 17 year hiatus of striking silver dollars, after the widespread melting of silver dollars under the Pittman Act, the Mint began striking dollars again. By the time 1921 rolled around, new hubs had to be created, slightly different in the depth of the details than on the 1878-1904. While nearly 45 million dollars were struck in Philadelphia, and it is the MOST common issue, in high-end GEM grades as here it is VERY RARE. Shimmering satin brilliance dances on the extremely high-end surfaces. Mark free and displaying on the lightest iridescent pearly-sliver gold. The devices are sharp and completely rendered. What a beautiful, High-end GEM! PCGS 766, NGC 666, CAC 263. In MS66+, as here, PCGS has graded 117 examples with only 16 finer. The current PCGS Price Guide value is listed at $1,450 and this SUPERB coin sold for $1,880 in November 2013. Any PCGS coin graded finer will cost $10,000+, thus this grade represents a GREAT value for the advanced Registry Set collector. PCGS# 7296 | ESTIMATE: $1,400+ LOT 137 $1 1921-D MORGAN. PCGS MS66 CAC A remarkable SUPERB GEM survivor of the ONLY Morgan dollar issue minted in Denver. Smooth surfaces offer a booming luster and crisply rendered devices that impart a bold eye apeal. PCGS 439, NGC 279, CAC 207. Last sold in the 2010 Boston ANA auction, it realized $1,380. There are 82 coins graded finer, with a single MS67+ as the finest. While relatively common as a date, it is very scarce and hard to find NICE in this grade and finer! PCGS# 7298 | ESTIMATE: $1,000+92

PFM COLLECTION OF MORGAN DOLLARS LOT 138 $1 1921-S MORGAN. PCGS MS66 A wonderful, high grade capstone to this impressive collection! Beautiful for the date, that is UNKNOWN finer than MS66+, a bold satiny luster with soft golden/pearly texture swirls from all over. Sharply struck on both sides, this impressive coin has a bold GEM look! PCGS 112, NGC64. Over the years the population has risen dramatically. When this coin last sold, realizing nearly $8,700 in a September 2008 internet auction, there were only 24 graded, with none finer. Today, thanks to gradeflation and with the advent of “+” grading, there are 112 at PCGS, with a half dozen MS66+s graded finer. The CU value is $3,100 but because of this impressive eye appeal, we think it will bring way more! PCGS# 7300 | ESTIMATE: $3,500+ OUR ESTIMATES The estimates you see published in this catalog are based on HAMMER. Keep in mind that a coin could be either low or high end for the grade, have stunning color or be dull, all of which radically affect a coin’s value. Yes, there can be huge price differences within a grade, and we offer estimates as a guide so Collector’s can have a better idea of value. One thing we will never do is offer low ball estimates in order to claim stronger sales. These published estimates represent what Legend Rare Coin Auctions determines to be an approximate high wholesale value for the coin. The numbers are based upon current market values, similar trades, auction prices, published prices, and a consideration of the coin’s quality. There is no guarantee that the estimated prices are minimums or are exactly what you can expect to get if you attempt to resell them wholesale. We always advise you to view the coins you are interested in and calculate what you’ll pay using as much information as possible. If you have any questions, please feel free to ask us. We are here to help you! 93

LOT 139 $1 1880-O PCGS MS64+ CAC Brilliantly lustrous with a bold rolling cartwheel luster. Sharply struck with exceptionally well defined details and the details are frosty. A light dusting of clear gold can be seen over the highly lustrous surfaces. Only a few tiny ticks keep this coin from a FULL GEM grade! PCGS 1631, NGC 965, CAC 215. In MS64+, PCGS lists 152 and NGC 24 in their Population and Census Reports. the most recent PCGS/CAC MS64+ sold for $3,840 in the 2018 FUN auction, and the current PCGS price is $3,750. Keep in mind a PCGS/CAC MS65 will cost over $20,000--that is if you can even find one! Sounds like this borderline GEM reprents a great value to the collector! PCGS# 7114 | ESTIMATE: $3,000+ LOT 140 $1 1880-S PCGS MS68+ CAC Whoa! What an impressively preserved, SUPERB GEM! It is amazing to imagine how it survived for so long in such a lofty state of preservation! The flawless surfaces are silky smooth. There are light traces of semi-proof like mirrors that mix with a lively luster beams all over and brings to life a beautiful ring of auburn/blue that frames the rims. Miss Liberty and the details enjoy thick frosting and full strikes. The eye appeal is phenomenal! PCGS has graded only 28 pieces in MS68+! This coin has a great look and should see very active bidding, the current Collector’s Universe value is $19,500 and it would not be out of the question if this coin brought close to that figure! PCGS# 7118 | ESTIMATE: $13,000+ LOT 141 $1 1881-CC PCGS MS66 CAC Vibrant and lustrous! A truly PQ GEM example with blast silver white surfaces. A blistering luster beams and accents the sharply struck, frosty reliefs. Very pleasing! PCGS 1625, NGC 1257, CAC 405. Going back to 2011, only a handful of PCGS/CAC coins have sold for under the current CU value of $1,250 and this coin should certainly bring a strong bid in excess of that level! PCGS# 7126 | ESTIMATE: $1,200+94

LOT 142 LOT 143 $1 1881-CC PCGS MS66+ CAC $1 1881-CC PCGS MS66+ CAC Rich, impressive frosty luster glows on both sides of this While a smaller mintage by Morgan dollar standards,SUPERB GEM. No serious marks can be seen with or without Collector’s are lucky that a large percentage of the mintagea glass and the pearly-silver gold surfaces gleam in the light. was stored as specie in the U.S. Treasury, only to be discovered in the 1960s during a government audit. Tens PCGS 1884, NGC 1355, CAC 405. In MS66+, PCGS has of thousands of Mint State examples from fresh mint bags graded 259 examples, NGC 98. There is a wide range of were distributed via the GSA auctions. Undoubtedly, the APRs for PCGS MS66+ CAC coins, but the most recent sold presently offered SUPERB GEM came from one of those bags. for $2,400 November 2017. The current PCGS Price Guide Brilliantly lustrous and boasting a strong, frosty mint bloom value is listed at $1,900. The value more than doubles the that blankets both sides. The details are fully rendered by an exacting blow from the dies. Even the pickiest of “old timers” next grade up--good luck! will instantly fall in love with the cheek’s clean look. PCGS# 7126 | ESTIMATE: $1,600+ PCGS 1865, NGC 1388, CAC 401. PCGS has graded 249 in MS66+ and NGC has 94 on their report. The most recent PCGS/CAC coin sold in November 2017 for $2,400 (that coin was not blast white like the present coin and had a light iridescent tone). The current CU value is $1,900 and keep in mind the value will more than double in MS67. PCGS# 6868 | ESTIMATE: $1,300+ LOT 144 $1 1881-CC PCGS MS66+ PL CAC One of the FINEST graded Prooflike 81-CC dollars graded by PCGS, and the quality is SUPERB! Brilliant swirling cartwheel luster rolls over the beaming and flashy mirrored fields. Blazing, untoned silver surfaces are blinding in their reflection. Crisply struck devices have a wonderful frost and they stand out nicely against the mirrored fields imparting a very bold eye appeal. PCGS 32, NGC 14, CAC 10. PCGS has graded four coins in MS66+ PL with only two finer, both MS67 PL. The most recent MS66+ PL to sell in auction realized $6,463 in August 2016 and the current PCGSPrice Guide value is listed at $5,500. The eye appeal of this impressive SUPERB GEM will certainly command attention and a strong bid from specialists. PCGS# 7127 | ESTIMATE: $5,500+ 95

LOT 145 $1 1881-S PCGS MS67+ CAC Bold, radial cartwheel luster swirls all over both sides of this UBER GEM. Sharply struck and exceptionally clean, both sides are totally original with a light dusting of iridescence. PCGS 2507, NGC 4492, CAC 933. There really is a wide range of APRs but the current CU value is $1,150 and that is likely where this SUPERB coin will end up. PCGS# 7130 | ESTIMATE: $900+ LOT 146 $1 1881-S PCGS MS68+ CAC The WOW factor of this coin is off the charts! One look and there is little to question as to why this coin ranks in the top 2% of all 1881-S Morgan’s ever graded. Only one tiny reverse tick keeps this coin from being a solid MS69. Overall, there are zero impairments of ANY size, ANY where. The surfaces are also borderline prooflike. You do NOT have to imagine the mirrors. The luster is intense too. Both sides are a mix of original light silver and pale gold colors. Miss Liberty and the details are fully struck and have thick frost. Her cheek is amazing and the eye appeal is incredible! PCGS 160, NGC 267, CAC 118. The last PCGS CAC piece to sell in auction brought $14,400 January of 2018. The current Collector’s Universe Value is $19,500. While there are a few MS68+ MS Morgan’s out there, few will have the perfection this coin displays! PCGS# 7130 | ESTIMATE: $14,000+96

LOT 147$1 1882-S PCGS MS66 DMPLTurn off the lights and watch this coinglow in the dark! For an 1882-S, themirrors are beyond normal. At firstglance, they look totally Proof. We rankthe depth at 10.” The mirrors do displaymind boggling clarity and have blindingflash. Just a few scattered trivial ticks(to be expected) can be found. There isstrong contrast visible. Miss Liberty andevery detail not only are fully struck,they have killer thick bright frosting.PCGS 12, NGC 8. Looking this crazydeeply mirrored and black and white, we see this coin selling cheap. The current Collector’s Universe value is $11,000. Weknow we can NOT find another one like this! This will be a wonderful addition to ANY GEM DMPL Collection.PCGS# 97141 | ESTIMATE: $6,000+ LOT 148 $1 1883-CC NGC MS67 Completely untoned, and wonderfully lustrous. Sharply struck devices are fully frosted and they stand out against the brilliant, cartwheel luster. Even using a strong glass, you cannot find a serious mark of any kind of significance. PCGS 223, NGC 158. The most recent NGC-graded coin realized $2,703 in June 2017, and most have sold in the $2,500-$3,000 range. Worthy of any high-end set. PCGS# 7144| ESTIMATE: $2,500+LOT 149$1 1884-O PCGS MS66+ DMPL CACWe fully agree this SUPERB GEM isnot only tied but possibly is the FINEST1884-O DMPL graded to date! Superhigh-end quality. There is only onemicroscopic tick we can see. The mirrorsare intense and beam incredibly fromall over. They are a good 8++” in depth,are crystal clear, are remarkably cleanoverall, and have a nearly blindingreflection. When you twirl the coin, themirrors look like they belong to a proofcoin. Miss Liberty and every detail arefully struck and are thickly frosted. Hercheek is amazing and will please any picky “old timer.” The eye appeal is jaw dropping!PCGS 59, NGC 11, CAC 12. PCGS has graded only 3 coins in MS66+ DMPL. The last 1884-O PCGS CAC MS66+ DMPLto sell in auction brought $4,888 in December 2011. It might as well have been a decade ago! Besides being the only onearound, this coin had all the bells and whistles of a High-end DMPL. We think there will be strong bidding and possibly evena record price realized here.PCGS# 97155 | ESTIMATE: $6,000+ 97

LOT 150 $1 1884-S PCGS MS62+ CAC What a High-end, premium quality example for the grade! This is a very RARE Mint State survivor of this major condition rarity, and several times looking at this CHOICE coin, we asked ourselves “why isn’t this a 63?” While we make no guarantees that this coin will ever grade a 63, we have seen coins that are not this nice residing in a 63 holder. Brilliant, rolling cartwheel luster beams from all over. Untoned surfaces have a billowing bloom in the fields that does provide some contrast to the fully struck and frosted reliefs. Ms. Liberty and the eagle possess very fully defined features. For the grade, the eye appeal is wonderful! PCGS 134, NGC 116, CAC 9. There are only three graded MS62+ at PCGS. The last regular PCGS MS62 CAC to sell was in our September 2016 auction, where it realized $20,563. Only one 62+ has sold in auction, which was the toned Simpson coin in the notoriously weak 2015 FUN auction. That coin realized $21,150. RARE any finer, and keep in mind a 63 will cost $40,000+ without CAC. Bound for a wonderful Choice BU or finer set of Morgan dollars and we do expect very strong bidding for this beauty! PCGS# 7156 | ESTIMATE: $25,000+98