1902 $1 Morgan Silver Dollar NGC MS67+ (CAC) - Finest Known!

We at AUCM are pleased to offer to the collecting community a satiny beauty: a 1902 $1 Morgan dollar graded NGC MS67+ (CAC)! Furthermore, this immaculate example is a Conditional Rarity and Registry Set Piece. Superior examples such as this one are among our specialties at AUCM. This could be the featured piece in a high-end collection of Morgan dollars. If you wish to pursue such a collection, please reach out to AUCM for professional guidance.

The 1902-P was the first Morgan dollar whereby the C-4 reverse was employed. Thus all 1902-P dollars are lacking in eagle breast feather definition. However, the feathers can be seen by simply tilting the coin. The majority of 1902-P Morgan dollars don't have the frosty luster the series is known for. The luster is satiny and a bit subdued, but still quite attractive. David Bowers tells us, "Striking is apt to be indifferent or downright poor, but fairly sharp examples exist." Indeed this is one of the "fairly sharp examples"--a PQ example of the 1902-P! Bowers writes, "Like a number of other Philadelphia Mint Morgan dollars, the 1902 in Mint State was elusive before the 1930s. Demand for high grade specimens of the date was answered with proofs. Circa 1947-1948, the Treasury paid out bags of 1902 dollars, but still they remained somewhat scarce. In the early 1950s, additional quantities were paid out, and in the closing years of the decade, many bags came to light. Today, probably well over 100,000 Mint State coins exist."