The unprecedented crossover underscores his personal efforts to combat “grade inflation.”
Obverse Description
Portrait of Liberty centered. On the left are found 7 stars with the words E*PLURIBUS*UNUM followed by 6 stars on the right. The date is positioned at the bottom.
Reverse Description
The heraldic eagle is centered holding a bunch of arrows and branch surrounded by and olive leaves. The words UNITED STATES OF AMERICA * ONE DOLLAR frame the periphery. Mint mark, if any, appears above the letters DO of DOLLAR.
Book Reference
Key to Collecting: Mint State 1895-S dollars are well known for being extensively bagmarked, some actually appearing quite abused. Accordingly, the majority of Mint State pieces are in lower MS grades. A piece MS-63 or finer, with minimal bagmarks, is a numismatic find and is very special. Circulated specimens are elusive, as the mintage might indicate, but an attractive example can be a reasonable financial as well as aesthetic alternative to a baggy MS-60.
Surface Quality: The strike is typically excellent. Rich luster is seen on high-grade specimens.
Prooflike Coins: Prooflike coins exist and are desirable if in high grades, but the contrast is not strong.
Mintage and Distribution: Delivery figures by month: January, 0; February, 100,000; March, 100,000; April, 100,000; May, 100,000; June–December, 0. While some 1895-S dollars were paid out in the early years, the issue remained elusive for a long time. In 1942 the San Francisco Mint turned loose a few bags. Into the early 1950’s, more bags were paid out, but in the absence of a significant market for quantities, most went into circulation.
VARIETIES:
The 10 obverse and 6 reverse dies created for this coinage include the following varieties:
1895-S, S Over Horizontal S—VAM-4. Per Van Allen and Mallis, “original S shows as a triangular raised metal [area] to the left outside of the upright S and has a diagonal line through the top and bottom loops of S.” However, the feature is not particularly easy to discern.
1895-S Dramatically Repunched S—VAM-3. With the earlier mintmark punched too high and too close to the left ribbon. The final mintmark was punched in a centered position, but much of the earlier mintmark is still seen.
Catalog Information
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Values
| Grade | CAC | CPG Value (Retail) | Greysheet Price (Wholesale) |
|---|---|---|---|
| MS66 |
|
$120,000 | $1,234 |
| MS66 | - | $96,000 | $1,234 |
| MS65 |
|
$1,234 | $1,234 |
| MS65 | - | $1,234 | $1,234 |
| MS64 |
|
$1,234 | $1,234 |
| MS64 | - | $1,234 | $1,234 |
| MS63 |
|
$1,234 | $1,234 |
| MS63 | - | $1,234 | $1,234 |
| MS62 |
|
$1,234 | $1,234 |
| MS62 | - | $1,234 | $1,234 |
| MS61 |
|
$1,234 | $1,234 |
| MS61 | - | $1,234 | $1,234 |
| MS60 |
|
$1,234 | $1,234 |
| MS60 | - | $1,234 | $1,234 |
| AU58 |
|
$1,234 | $1,234 |
| AU58 | - | $1,234 | $1,234 |
| AU55 |
|
$1,234 | $1,234 |
| AU55 | - | $1,234 | $1,234 |
| AU53 |
|
$1,234 | $1,234 |
| AU53 | - | $1,234 | $1,234 |
| AU50 |
|
$1,234 | $1,234 |
| AU50 | - | $1,234 | $1,234 |
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