1879-S $1 Morgan Dollar -- Passed Thru Upsetting Mill -- MS61 NGC. The accompanying envelope states that this piece was "Struck on a thick, concave planchet," and it has exactly that appearance. The proper description assigned by NGC suggests that this coin, after it was struck, somehow made its way back to the planchet preparation stage when the round metal discs became planchets as they passed through the upsetting mill. That machine essentially gave each disk its raised rim and standard diameter, as it was converted from a "Type One" blank to a "Type Two" planchet. This pleasing piece, while graded a mere MS61, has extraordinary natural color with a few grade-limiting hairlines. Provenance. "Colonel" E.H.R. Green; Green Estate; Partnership of Eric P. Newman / B.G. Johnson d.b.a. St. Louis Stamp & Coin Co.; Eric P. Newman @ $20; Eric P. Newman Numismatic Education Society. From The Eric P. Newman Collection.
From Newman I (Heritage Auctions, 4/2013), lot 4052, realized $8225.00. Image and description courtesy of Heritage Auctions, https://ha.com.
|Image Collection||Eric P. Newman Collection, Part I|