​​ ​​ 
1921 Morgan Silver Dollar. Chapman. Proof-64 (PCGS). CAC.


Price $68,500.00


DESCRIPTION
Exceptional 1921 Chapman Proof Dollar
Just 1 Finer at CAC

1921 Morgan Silver Dollar. Chapman. Proof-64 (PCGS). CAC.
A lovely example of this rare and enigmatic issue from the final year of the ever-popular Morgan dollar series. Splashes of pink and champagne-gold irridescence grace the pearly-silver surfaces on both sides. This color is accentuated by extraordinary reflectivity in the fields and richly frosted devices on both sides. Fully struck throughout with evidence of masterful die polishing, this coin would serve as a highlight in the finest collection. It is clearly among the finer examples known, with only 8 coins graded finer at PCGS. Just 1 coin ranks finer among CAC approved examples, emphasizing the truly superior quality of this piece.

Any offering of a Chapman Proof 1921 Morgan dollar is always an exciting opportunity, made more exiting by the fact that public offerings for such pieces are usually separated by several years. As a clandestine, unofficial U.S. Mint issue, more mystery than fact seems to swirl around their existence. The only fact that we can be sure of is that they were produced by George T. Morgan at the behest of prominent Philadelphia coin dealer Henry Chapman.
Though it is unclear exactly how many Chapman Proofs were struck in 1921 as an unofficial issue, this should not be surprising given the history of muddled production figures for other clandestine products of the U.S. mints. A good estimate of total survivorship might be as low as 30 pieces; when compared against the tens of thousands of Morgan dollar collectors, it is then no surprise that these command prices in the low to mid five figures. With superior technical quality and a lovely appearance, the present specimen is destined for an advanced Registry Set of Morgan dollars or 20th Century Proof coinage.

PCGS# 7342.NGC ID: 2579.

PCGS Population: 11; 8 finer.
CAC Population: 2; 1 finer.

PREVIOUS PRICES REALIZED
IMAGEAUCTION/LOTDESCRIPTIONDATEREALIZED**
Session 3 - Rarities Night Including the ESM Collection - Lots 2001-2390
Lot 2243
1921 Morgan Silver Dollar. Chapman. Proof-65 (PCGS). Mar 18$69,000.00
Session 4 - Rarities Night, Featuring the ESM Collection of Half Cents, Selections from the Harrington Collection and the E. Horatio Morgan Collection - Lots 3001-3300
Lot 3211
1921 Morgan Silver Dollar. Chapman. Proof-64 (PCGS). Mar 20$50,400.00

** NOTE. All prices realized reflect the final hammer price plus the buyer’s premium. As errors can occur, you should contact each pricing source to determine the accuracy of this information. No item may be returned or refused based on the information provided.

PRICE GUIDE
GRADEGREYSHEETCOLLECTOR'S PRICE GUIDECAC MARKET REVIEWCOIN WORLD TRENDSPCGS PRICE GUIDEPCGS +NGC PRICE GUIDENGC +
63$30,000$36,000$43,200$17,500$45,000$47,500$31,500-
64$50,000$60,000$78,000$27,500$60,000$65,000$46,750$57,500
65$75,000$90,000$103,500$50,000$88,500$95,000$80,000-

**NOTE. Information listed is intended to be as accurate as possible, and is being provided to our customers as a service. As errors can occur, you should contact each pricing source to determine the accuracy of this information. No item may be returned or refused based on the information provided.

POPULATION GUIDE
SERVICEGRADEPOPULATION IN THIS GRADEPLUSPOPULATION IN HIGHER GRADETOTAL
PCGS64110946
NGC6490623
CAC642-14

**NOTE. Information listed is intended to be as accurate as possible, and is being provided to our customers as a service. As errors can occur, you should contact each pricing source to determine the accuracy of this information. No item may be returned or refused based on the information provided.

PCGS POPULATION GUIDE
GRADE12346810121520253035404545+5050+5353+5555+5858+60616262+6363+6464+6565+6666+6767+6868+6970Total
Base-------------------------29-15-11-7--11-----46
Percent-------------------------419-32-23-15--22-----100

**NOTE. Information listed is intended to be as accurate as possible, and is being provided to our customers as a service. As errors can occur, you should contact PCGS to determine the accuracy of this information. No item may be returned or refused based on the information provided.

NGC POPULATION GUIDE
GRADE12346810121520253035404545+5050+5353+5555+5858+60616262+6363+6464+6565+6666+6767+6868+6970Total
Base--------------------------1-7-9-2-2-------21
Percent--------------------------4-30-39-8-13-4-----100
Star----------------------------------1-1-----2
Total--------------------------1-7-9-2-3-1-----23

**NOTE. Information listed is intended to be as accurate as possible, and is being provided to our customers as a service. As errors can occur, you should contact NGC to determine the accuracy of this information. No item may be returned or refused based on the information provided.

CAC POPULATION GUIDE
Grade123468101215202530354045505355586061626364656667686970Total
Gold------------------------------0
Green----------------------12-1----4

**NOTE. Information listed is intended to be as accurate as possible, and is being provided to our customers as a service. As errors can occur, you should contact CAC to determine the accuracy of this information. No item may be returned or refused based on the information provided.

​​