Shocked was I when I opened my watch page at ebay to see that this one closed over $300; and a raw coin no less. So, what's so special about it? https://www.ebay.com/itm/1894-O-Mor...cljYohz9ME%3D&orig_cvip=true&nordt=true&rt=nc
It's a semi-key date due to the low-ish mintage & high melting rate around that time. Looks like the buyers estimated it to be at least AU55: Check out this 1894-O $1 on PCGS CoinFacts! https://www.pcgs.com/coinfacts/coin/detail/7230
It appears to be AU and, if so, that's a reasonable price. I don't collect Morgans so for all I know it could be a better VAM. But if you looked at the bidding there was one person who was absolutely going to win that coin. Newbie caught up in the action maybe?
It is a smooth AU with no big marks. It remains to be seen if it gets a straight grade if it were to be certified. The luster is dull, and the surfaces have been rubbed by something more than circulation.
It is a difficult date, just like all of the 1893, 1894, and 1985s are. It is definitely cleaned—hairlines from cleaning are very visible on the devices on obverse and reverse. I would agree with AU details, and that is why it went for a reasonable price. Try to find a nice looking, certified 1894o at a reasonable price. They can run easily into mid 3 figures.
Thanks...my thoughts exactly. I wanted to see where this one would end up, but I didn't give it a second thought otherwise.