1897-S Morgan Dollar AU58 PCGS
Exploring the 1897-S Morgan Dollar AU58 PCGS
The 1897-S Morgan Dollar, graded AU58 by PCGS, stands as a significant piece for coin collectors and enthusiasts. Struck at the San Francisco Mint, it carries with it the rich historical context of the late 19th century, a period marked by economic expansion and the consolidation of the American West.
Historical Background
The 1897-S Morgan Dollar is part of the larger Morgan Dollar series, which was minted from 1878 to 1904, and then again in 1921. Named after its designer, George T. Morgan, the coin showcases Lady Liberty on the obverse and a majestic eagle on the reverse. The San Francisco Mint, known for its exceptional quality, produced fewer Morgan Dollars compared to its Philadelphia and New Orleans counterparts, making the 1897-S a relatively scarce find.
Grading and Value
Graded AU58 (Almost Uncirculated) by the Professional Coin Grading Service (PCGS), this particular coin is just shy of Mint State, indicating that it has almost no wear and retains most of its mint luster. The AU58 grade is often considered a sweet spot for collectors who desire the coin’s original features without the premium price of a Mint State grade. The subtle differences between an AU58 and a higher grade can significantly impact the coin’s market value, making this a coveted piece for those looking for a balance of quality and affordability.
Collectibility and Appeal
The allure of the 1897-S Morgan Dollar AU58 PCGS lies in its combination of beauty, historical significance, and collector value. Coins from the San Francisco Mint are particularly treasured due to their lower mintage numbers and often superior striking quality. The AU58 grade ensures that the intricate details of the coin’s design, such as the texture of Lady Liberty’s hair and the feathers of the eagle, are well-preserved and visually appealing.
Reviews
There are no reviews yet.