1882 $1, CAM PR(PCGS#87317)

Spring 2026 Showcase Auction U.S. Coins

Auctioneer

Stack's Bowers

Lot Number

3069

Grade

PR68CAM

Price

40,800

Lot Description

A captivating Ultra Gem that is lightly and beautifully toned in iridescent gold. The design elements are fully defined with a soft frosty texture that contrasts nicely with deeply mirrored reflectivity in the fields. Expertly preserved and bordering on pristine, this coin is equally well suited for high quality Proof type and date purposes.<p>The reported mintage for this early Proof issue in the Morgan dollar series is 1,100 pieces, although Q. David Bowers (<em>Silver Dollars & Trade Dollars of the United States: A Complete Encyclopedia</em>, 1993) suggests that the actual total might be somewhat higher. In any event, this is a readily obtainable issue by Proof Morgan dollar standards, and most examples possess good field to device contrast, as here. What sets the present specimen apart, however, is the level of surface preservation. With the typical survivor grading no finer than Proof-64, the fleeting bidding opportunity that this Ultra Gem represents for the quality conscious collector can hardly be overstated.