1884-S Morgan Silver Dollar NGC MS61 CAC. Theories abound as to why uncirculated examples of this date are remarkably scarce. One is that perhaps it was a distribution issue and a majority of the mintage was released into circulation accounting for the healthy number of About Uncirculated specimens. This is speculation. One fact is certain; the 1884-S is a scarce rare coin in Mint State. With a combined certified population at PCGS/NGC of 9801 pieces this date is readily available to collectors in lesser grades. However, with just 218 certified in grade and only 308 higher the 1884-s is quite conditionally rare in Uncirculated condition.

The example offered here possesses a solid strike and excellent detail. An abundance of luster cascades over the frosty devices. Save for one notable hit on Libertys cheek this piece certainly warrants a higher grade. As evidenced by the presence of the CAC approval sticker, this is clearly a wonderful, high quality example of one of the most challenging Morgan dollars to locate in Mint State. With Morgans currently overshadowed somewhat by the modern gold rush occurring in the market, pieces such as this one would certainly seem to be undervalued. This is a superb PQ+++ coin and an excellent opportunity for the savvy collector/investor.