1921摩根银币 PCGS Proof 67
1921 Morgan Silver Dollar. Chapman. Proof-67 (PCGS). This is an angelic and platinum-white example with tremendous reflectivity in the fields courtesy of intense die polishing. The devices are sharply rendered and also display this intense die polish, but boast a more frosty, matte-like texture on both sides. Inspection fails to reveal any imperfections of note, vindicating the superior eye appeal and virtually untouched surfaces. A truly exceptional Superb Gem Proof from this iconic issue. Any presentation of a "Chapman Proof" 1921 Morgan dollar is always an exciting event. As a clandestine, unofficial U.S. Mint issue, more mystery than fact seems to swirl around their existence--in fact, the only items that we can be sure of is that they exist and were produced by George T. Morgan at the behest of prominent Philadelphia coin dealer Henry Chapman. Dave Bowers sums up the situation best in his <em>Silver Dollars and Trade Dollars of the United States: A Complete Encyclopedia</em>:<em>"In 1921, Henry Chapman went to the Mint and had some mirror-surface Proofs struck to his order. This was done clandestinely by or for George T. Morgan, chief engraver, who had a little rare coin business going on the side. Walter H. Breen reported that he has seen the bill of sale for 10 Proofs, Morgan to Chapman. The original production of mirror-type Proofs must have been very small, perhaps just 15 in all (10 to Chapman, 5 to Ambrose Swasey...They were not officially sold by the Mint, nor were any Proof sets made that year."</em>The Chapman Proofs are the only pieces considered to be fully mirrored proofs, the so-called ""Zerbe proofs"" being either prooflike business strikes or some sort of presentation striking. PCGS handles this situation the best, listing the Chapman Proofs with the regular proof issues, while categorizing the ""Zerbe Proofs"" as Special Strikes. Though rendered difficult to see from the toning gained through 5 or more decades of paper envelope storage, this specimen exhibits the tiny die scratches and other markers that identify the Chapman proofs at the microscopic level, the diagnostics outlined in the Bowers <em>Encyclopedia</em>.
This particular specimen is significant as one of the very finest known survivors. It is the sole finest example graded by PCGS and is numerically tied with just the Proof-67 * (NGC) example from the Duke Collection. At the highest grade ever awarded to a Chapman Proof, this piece is surely destined for the most accomplished Registry Set or cabinet of Proof Morgans. Ex Superiors sale of October 2000, lot 3768; Sunset Hill Collection; Legends sale of December 2014, lot 297; Legends sale of November 2018, lot 266; Legends sale of December 2019, lot 511.