1896-O PCGS MS63 CAC Morgan Dollar
This 1896-O PCGS MS63 CAC Morgan Dollar is of the highest quality for the grade. It is a very elusive date and $40,000 in the next grade. For a MS63, this is one if the nicest I have ever seen. The surfaces sparkle with luster and are exceptionally clean for the date and grade. It’s been years since I’ve had a 96-O MS63 CAC and this one ranks with the best for the grade. CAC Approved!
The 1896-O Morgan dollar ranks among the major CONDITION RARITIES of the series. Despite a mintage of 4.9 million, these are scarce in any Mint State grade and VERY RARE in any grade higher than MS63. It is quite likely that the vast majority of the original mintage was stored in treasury vaults and were melted down in 1918, under the terms of the Pittman Act.