Today we will continue a long series showing unslabbed Morgan Dollars.
This series is dedicated to my #ssg-community friend @silverd510, a real expert in this field.
PCGS, the first coin grading and authentication service, started slabbing coins in 1986.
Those coins were bought since the late seventies to the late eighties, and the dealers attributed the grades to them.
I bought them from three big and highly regarded dealers at the time. Unfortunately they do not exist any more. Things change in forty years...
These dealers were very strict when grading, so if I send these coins to be graded and slabbed maybe I will receive higher grades. Who knows...
I will show them in the order they were minted.
This is the MS-63 1880 Morgan Dollar. It was bought at Bowers and Ruddy.
It weights 26.73g with 90% silver purity.
12,600,000 units were minted in Philadelphia in 1880.
The 1880 Morgan Dollar is by no means a rare coin. However, it is not nearly as common in high grade as the San Francisco issue of the same year. The 1880 is common through MS64, but becomes much harder to locate in gem.
Just to have an idea of rarity about this coin's grade, from a total of 15,900 1880 coins in mint state, NGC graded 6,361 as MS-63, with 6,073 graded higher, until today (12/02/2019).
The NGC MS-63 price is around $100.00.
The irregular toning is not good for the price of the coin below.
The reverse depicts an eagle with wings outstretched. The mint mark always appears on the reverse above the "o" in "Dollar", except those minted in Philadelphia, that have no mint mark.
The obverse depicts a profile portrait representing Liberty.
Thank you for reading. Please comment, upvote, resteem and advise me.
