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 1884-CC Morgan Dollar. It was bought at NERCA (New England Rare Coins Auctions).
It weights 26.73g with 90% silver purity.
1,136,000 units were minted in Carson City in 1884.
Of all the Carson City Morgan dollar issues, the 1884-CC is one of the most common. This issue was considered a huge rarity before the GSA sales of the late 1970's and early 1980's. This makes sense, considering that the GSA had 962 original bags of this date, totaling some 962,000 coins, or over 84% of the original mintage! These releases have made the 1884-CC Morgan very easy to locate in mint state through MS65.
Just to have an idea of rarity about this coin's grade, from a total of 65,175 1884-CC coins in mint state, NGC graded 20,810 as MS-63, with 36,842 graded higher, until today (12/12/2019).
The NGC MS-63 price is around $255.00.
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.
