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<p>[QUOTE=&quot;mark_h, post: 96914, member: 3726&quot;]In a message from heritage:</p><p><br /></p><p>Another fine piece from this collection is the 1921-S, also graded PR64 by PCGS. The appearance of a 1921-S proof Morgan dollar at a public sale is cause for excitement. It is thought that fewer than 25 of these coins were struck, and their appearance on the market is infrequent. Walter Breen, in his 1977 Encyclopedia of United States and Colonial Proof Coins, refers to what may be the first report of the &#039;21-S proof Morgan: &#039;Wayte Raymond told me in 1951 that Farran Zerbe had those coins made at San Francisco to go with the Philadelphia proofs from the first dollar dies received at the mint.&#039;</p><p><br /></p><p>&nbsp;Stuart Mosher, who was in charge of the coin collections in the Smithsonian Institution, elaborated on Zerbe&#039;s 1921-S Morgan proof involvement in an article he published in the July 1955 The Numismatist. Mosher said that Zerbe was in California in 1921 awaiting the arrival of the dies that were to be used to strike the first Peace dollars that he had designed. The dies that did arrive turned out to be those for the old Morgan design that had not been coined since 1904. The story goes that Zerbe told the chagrined Mint officials that they could mollify his disappointment &#039;if they would strike off a few Morgan dollars from the new 1921 dies in proof condition. They were happy to oblige and manufactured about two dozen which he bought and later handed out to his various coin collecting friends.&#039;</p><p><br /></p><p><br /></p><p>So I think one of you all is wrong.&nbsp; According to this a proof 1921-S is going to be auctioned.[/QUOTE]</p><p><br /></p>

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