Florida United Numismatists hosts two major conventions each year.
The group’s tent pole show is in early January, with a second show
held during the summer.
This year’s Summer FUN show, held July 9 to 11 in Orlando, marked
the ninth installment, and its U.S. coin auctions by Heritage Auctions
brought $8.3 million.
Here is one of three lots that caught my eye from the more than
3,000 lots offered in the floor and online auction sessions:
1893-S Morgan dollar, MS-63
Leading bidding at Heritage’s Summer FUN auction was this Mint State
63 1893-S Morgan dollar in an older green label Professional Coin Grading Service holder.
Most of the low mintage of 100,000 coins was released into
circulation, and Mint State survivors are elusive. Allegedly many of
the surviving Mint State population of this issues are from examples
found in a bag of 1894-S Morgan dollars in Great Falls, Mont., in the
1960s. PCGS records just 10 MS-63 examples, although this number is
likely inflated by resubmissions. The last two PCGS MS-63 examples at
auction sold for $143,750 and $149,500 in 2009 and 2007, respectively.
The offered example was noteworthy for its bold luster and,
interestingly, its price was more than the $217,350 that a different
example, graded Numismatic Guaranty Corp. MS-64, realized at
Heritage’s Jan. 9, 2014, FUN auction.