1901 Morgan Silver Dollar. MS-63 (PCGS).This is a solid and appealing Choice Uncirculated example of a legendary condition rarity in the Morgan dollar series. Fully lustrous with a soft satin texture, both sides are brilliant with an attractive silver white appearance. It is well struck for the issue and generally smooth. Produced to the extent of 6,962,000 circulation strikes, the 1901 has a generous mintage by Morgan dollar standards. The number of coins struck, however, conceals the rarity of this issue in Mint State. Thousands of examples seem to have been released into circulation at or near the time of striking. Even so, much of the mintage was likely retained in federal vaults until destroyed pursuant the terms of the 1918 Pittman Act. The 1901 is a legendary rarity in Gem Mint State, with the result that attractive Choice examples such as this are always in demand among advanced collectors specializing in this perennially popular silver dollar series.From the Beasley Collection.
