As dealers, collectors and investors all know, Morgan and Peace silver dollars are extremely popular American coins because of their history, legends, and silver content.
The 1877 Twenty Cent Piece is a proof-only issue in this extremely short series that is highly desired by collectors. It is the rarest of the 4 proof 20 Cents as a mintage of just 350. The date is scarce from the circulated grades all the way through PR66. The value escalates at a gradual pace up until the finest known grade of PR67, which is rare. The auction record for this date is a PCGS graded PR66, which brought $39,950 at a Legend auction in 2017. As cameo and deep cameo pieces go there is an expected, yet subtle, premium. Only 156 have a Cameo designation from PCGS and NGC and only 7 exist in Deep Cameo. Deep Cameos are very rare across all Twenty Cent dates.
Obverse Description
Lady Liberty is seated on a rock, holding a staff, and bearing a shield with the word LIBERTY on a flowing ribbon. 13 stars have adorn the periphery and the date appears at the bottom center.
Reverse Description
An eagle is prominently featured with the words UNITED STATES OF AMERICA * TWENTY CENTS around the periphery.
Catalog Information
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Values
| Grade | CAC | CPG Value (Retail) | Greysheet Price (Wholesale) |
|---|---|---|---|
| PR67 |
|
$79,000 | $1,234 |
| PR67 | - | $66,000 | $1,234 |
| PR66 |
|
$1,234 | $1,234 |
| PR66 | - | $1,234 | $1,234 |
| PR65 |
|
$1,234 | $1,234 |
| PR65 | - | $1,234 | $1,234 |
| PR64 |
|
$1,234 | $1,234 |
| PR64 | - | $1,234 | $1,234 |
| PR63 |
|
$1,234 | $1,234 |
| PR63 | - | $1,234 | $1,234 |
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