Auction preview: P.F.M. Morgan Dollar Collection to be offered by Legend Rare Coin Auctions

P.F.M. Morgan Dollar, Crow River Peace Dollar Collections to anchor ‘Dollar Day’ during Legend’s Regency Auction 26 in New Orleans

Legend Rare Coin Auctions (LRCA) recently announced the consignment of the P.F.M. Collection of Morgan Dollars—the current #6 Professional Coin Grading Service (PCGS) registry set in the Morgan dollars basic set, circulation strikes (1878-1921)—to Regency Auction 26, the official auction for the PCGS Members Only Show in New Orleans.

Not only is the set complete by date and mintmark, but the collector also included major varieties that are popularly collected with the regular issues; they were included to augment the depth of the collection. For good measure, the collector also made sure to have a fair number of Proof-like (PL) and Deep Mirror Proof-like (DMPL) designated coins to add to the visual allure.

“This is a very impressive set,” said Laura Sperber, LRCA founder, upon the collection’s arrival in the LRCA offices. “The collector has been carefully assembling the set since 2001, and once you see the coins in hand, you know this was a real labor of love for him. The list of highlights is really impressive—a Gem MS65 1892-S, the Coronet Collection 1904-S in PCGS MS67, just wait until you see the whole thing, there really are many amazing coins!”

P.F.M. COLLECTION

“After our record shattering sales of the Sunnywood/Simpson and Coronet Collections, the owner of the P.F.M. Collection knew that there was only one auction firm that could produce a catalog that would show, in print, the love he had for the coins, and present them in that light to today’s collectors,” said Julie Abrams, president of Legend Auctions, who worked directly with the collector.

“Some of the coins are tied for finest, or second finest graded, the 1889-O in PCGS MS66+ is the sole finest for the date, and there are many dates where only a handful are graded finer.”

Shown above is the 1899-O Micro O in PCGS MS64+ CAC. (Photo by PCGS)

OTHER HIGHLIGHTS

Highlights of this collection, include, but certainly not limited to:

  • an 1879-O PCGS MS66 CAC Ex Jack Lee II;
  • an 1880 PCGS MS66 PL;
  • an 1880/79-O PCGS MS65 PL;
  • an 1884-S PCGS MS63;
  • an 1886-S PCGS MS66 PL Ex Jack Lee-Naples II;
  • an 1889-O PCGS MS66+;
  • an 1890-S PCGS MS66 PL;
  • an 1891-O PCGS MS65 DMPL;
  • an 1892-S PCGS MS65;
  • an 1896-O PCGS MS64;
  • an 1899-O Micro O. PCGS MS64+ CAC; and a
  • a 1904-S PCGS MS67 CAC Ex Coronet.

With the P.F.M. Morgan Dollar and the Crow River Peace Dollar Collections consigned to the 26th Regency Auction, LRCA will be presenting a special session on May 16 dubbed “Dollar Day.” Every silver dollar consigned to the auction will be featured in this special session that will also include consignments of toned Morgan dollars from multiple consignors—including duplicates from a world-class collection.

“Each coin is well matched for eye appeal,” said Senior Numismatist Greg Cohen, “and there are many familiar pedigrees seen, including Jack Lee, Coronet, PCGS Tour, Cajun, and Shrike.”

Consignments to this sale are still being accepted, but space is filling fast.

Contact Abrams (845-430-4378 or julie@legendauctions.com) or Cohen (732-935-1168 or greg@legendauctions.com) to discuss placing coins into the New Orleans Regency Auction.

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