Q. David Bowers
Thomas L. Elder's sale of April 13-14, 1917. Offered were quite a few San Francisco Mint coins in Uncirculated grade.
1878 8 TF. Proof $1.40.
1878-CC 7 TF. Unc. $1.50.
1878-S 7 TF. Unc, $1.25.
1882 Brilliant Proof $1.20.
1883-S Unc. $1.50.
1883-S Bright Unc, $1.30.
1884 Proof $1.50.
1892-S Unc. $1.50.
1894-S Unc. $1.20.
1895-S Unc. Mint State. $1.50.
1897-S Unc. $1.10.
1900-S Unc. $1.10.
The H.O. Granberg Collection sold by B. Max Mehl July 16, 1919 included the following Morgan silver dollars. This must have been Granberg's no. 1 set, for it contains Philadelphia Mint Proofs and high quality mintmarks. The set is not complete, and certain issues in Mehl's Granberg Collection sale of 1913 (cited earlier) are not represented here; the 1895 Proof is an example.
1878 8 TF. Proof $2.10.
1878 7 TF. Unc., mint lustre. $2.50.
1878-CC Brilliant semi-proof $2.10.
1878-S 7 TF. Sharp, Unc, $1.15.
1879 Unc. $1.15.
1879-CC VF $1.50.
1880 Brilliant Proof $1.15.
1880-CC Fine $1.65.
1880-S Bright semi-proof $1.60.
1881 Sharp Proof $1.15.
1881-CC Brilliant semi-proof. Almost equal to a brilliant Proof $2.10.
1881-S Bright Unc, $1.15.
1882 Proof $1.10.
1882-CC Brilliant semi-proof, nearly equal to a Proof $2.10.
1882-O Fine $1.25.
1883 EF. $1.15.
1883-CC Unc., bright mint lustre. $2.10
1883-S Semi-proof $1.25.
1884-CC Unc. Proof surface. $11.
1885-CC Unc. Frosty mint surface. $11.
1886 Brilliant Proof $1.15.
1886-O Unc. $1.50.
1887 Perfect brilliant Proof $1.80.
1888 Proof $1.15.
1888-O EF, some mint lustre. $1.40.
1889 Brilliant Proof $1.15.
1889-CC Practically Unc, with semi-proof surface. $2.10.
1890 Brilliant Proof $1.50.
1890-CC EF, some mint lustre. $1.15.
1890-O EF. $1.30.
1891 Brilliant Proof $1.50.
1891-CC VF $1.15.
1892-CC Unc., with some Proof surface. $1.70.
1893-CC Proof $2.75.
1894 Proof $1.15.
1894-S VF $1.50.
1895-O Brilliant Proof $1.80.
1896 Perfect Proof $1.15.
1896-O VF $1.15.
1896-S Brilliant Unc, $1.40.
1897 Brilliant Proof $1.50.
1898 Proof $1.10.
1899 Proof $1.50.
1900 Brilliant Proof $2.
1902 Unc. $1.15.
1903-S VG $1.25.
1904 Perfect brilliant Proof $2.
In The Numismatist, February 1921, John Zug, of Bowie, Maryland, advertised these Morgan dollars. Note that the 1889-CC and 1893-CC are available in Mint State as is the 1904-O. Later, the 1904-O would be considered a rarity in this grade.
For many years, Zug was a prominent advertiser in The Numismatist, and occupied the inside back cover of each issue. Zug did not issue auction catalogues and because of this is not well remembered today by numismatic historians. However, in his time his stock of quality coins was one of the finest in America. Over a long period of time he maintained an excellent inventory of Morgan dollars.
In general, Zug's prices were higher than contem-porary auction results. A direct comparison cannot be made, however, for Zug is known to have been particular about quality, and many auction listings represented average coins.
1878 Proof $1.75.
1879 Proof $1. 75.
1880 Proof $1.75.
1881 Proof $1.75.
1882 Proof $1.50.
1883 Proof $1.50.
1884 Proof $1.50.
1884-O Unc. $1.50.
1885 Proof $1.50.
1886 Proof $1.50.
1887 Proof $1.50.
1888-O Fine $2.00.
1889-CC, Unc. $2.50.
1890-CC Fine $1.50.
1891-CC Fine $1.50.
1892 Proof $2.50.
1893-CC Unc. $2.00.
1895 Proof $3.50,
1895-S Fine $2.50,
1898-S Unc. $1.75,
1900-O Fine $1.50,
1904 Unc. $2.50,
1904-O Unc. $3.75.