Lang Yarns

1885 PCGS PR65 Aluminum Morgan Dollar πŸ”΄ TWO Minted πŸ”΄ Only ALUMINUM Morg $1 βœ…βœ…

Description: βœ… FUN FACTS βœ… The only Morgan dollar ever minted in aluminum. Only TWO minted, both 1885's, this being the single finest. The five-mintage 1885 Trade dollar CU's for $3.5 million in this grade. Aluminum was the most valuable metal for a few decades of the 19th Century, worth considerably more than gold, platinum, and silver COMBINED. A normal, legal tender Morgan dollar minted with the actual dies that struck regular issue silver dollars except minted with what was the most prestigious and valuable precious metal for a portion of the 1800's. People see the Judd number (Judd-1750) and run for the hills. Yet, this off-metal die trial is not even a true pattern, as per researcher Q. David Bowers. Again, it is a real, legal tender Morgan dollar but made of aluminum, by far the most valuable metal for part of the 19th Century. The CU (PCGS Price Guide) value is based on auction prices. But nobody knew what this coin was when they bid; they just saw a Judd number (Judd-1750) and thus falsely assumed that it was just another boring pattern. Absurdly undervalued in the price sheets. Again, two minted versus five of the 1885 Trade dollar, which CU's for $3.5 million in this grade. We have been advised that the other specimen (an NGC PR64) is in firm hands, so this Pop Top PR65 may be the only specimen available for decades to come. Not to be confused with numerous experimental aluminum Morgan dollars with unusual designs, this is the ONLY aluminum Morgan dollar with the ADOPTED design. The actual mintage is merely two. The population reports are inflated with resubmissions and crossovers of the same coins (check all photos for proof). Only two UNIQUE coins actually exist, both included with the two aluminum proof sets issued by the U.S. Mint.. The #1 favorite coin of our firm's owner. Too much emphasis is placed on price guide values. For instance, a common date Mercury dime auctioned for $364,250 in 2019 versus its then-$4,750 PCGS Price Guide value (click the second image). A coin is worth what somebody will pay for it, not what a biased price guide editor says. This principle also apples to other collectibles, including paper money: a $20 bill with an overprinted banana seal was supposedly worth $10,000, its sheet value due to its 2004 auction price. Yet, it auctioned for a staggering $396,000 in 2021. A 1974-S penny minted on an extremely common Nepal aluminum coin realized nearly $200,000 at auction (click the third image). But that was an ERROR struck on a plentiful foreign coin, not a rare U.S. proof coin deliberately minted in aluminum, as this two-mintage aluminum Morgan dollar is. In our opinion, that coin was worth $600 before it auctioned, a value based on the amount for which a similar proof cent-on-foreign planchet coin had sold. Member of prestigious CDN Exchange (aka Greysheet aka Coinplex) since 2011 and one of its top five bidders in dollar volume. Fewer than 300 members worldwide. Click our username to see our other credentials at the top of our homepage. β–ΆNOTE: Five day return privilege.

Price: 350000 USD

Location: Philadelphia, Pennsylvania

End Time: 2023-11-23T13:00:22.000Z

Shipping Cost: 0 USD

Product Images

1885 PCGS PR65 Aluminum Morgan Dollar πŸ”΄ TWO Minted πŸ”΄ Only ALUMINUM Morg $1 βœ…βœ…1885 PCGS PR65 Aluminum Morgan Dollar πŸ”΄ TWO Minted πŸ”΄ Only ALUMINUM Morg $1 βœ…βœ…1885 PCGS PR65 Aluminum Morgan Dollar πŸ”΄ TWO Minted πŸ”΄ Only ALUMINUM Morg $1 βœ…βœ…

Item Specifics

All returns accepted: ReturnsNotAccepted

Circulated/Uncirculated: Uncirculated

Denomination: $1

Coin: Morgan

Composition: Silver

Strike Type: Proof

Mint Location: Philadelphia

Certification: PCGS

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