# 685 - 1902-O Morgan Dollar

in LeoFinance4 years ago

Today we will finish 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 1902-O Morgan Dollar. It was bought at NERCA (New England Rare Coins Auctions).

It weights 26.73g with 90% silver purity.

8,636,000 units were minted in New Orleans in 1902.

From the NGC site: https://www.ngccoin.com/coin-explorer/morgan-dollars-1878-1921-pscid-49/1902-o-1-ms-coinid-17280

“With over 8.6 million coins struck, the 1902-O Morgan dollar was well made aside from some weak strike issues. Many were saved in high grade, likely in the form of treasury bags released in the 1960's. Because of this, the 1902-O Morgan is very available in MS65 and even MS66.”

Just to have an idea of rarity about this coin's grade, from a total of 76,564 1902-O coins, NGC graded 28,911 as MS-63, with 43,392 graded higher, until today (01/19/2020).

The NGC MS-63 price is around $75.00.

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.

20191216_191106.jpg

The obverse depicts a profile portrait representing Liberty.

20191216_191128.jpg

Thank you for reading. Please comment, upvote, resteem and advise me.

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Obrigado, meus amigos.


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I like them. Must buy a few more...


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This is the last. :=(


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What's the total on those? About 20? Are you going to send them all to get graded at once? So many questions...


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28 different Morgan Dollars.I will not send all to be graded because their value is a little above what I would have to pay for them to be graded. I think I will send from 10 to 15 coins to be cleaned and graded.


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Oh no!!!! Did you say that this will be the last one or two of the Morgans???? Just like when I am starting to be addicted to it... arrrgh!!!

This is the last one. I will send a few to be graded and then I will write articles about them, comparing the grades between the old sellers and NGC/PCGS.


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Some of the years did have weak strikes, overall the depth of the Morgan series is beautiful!😊
Always one of my favorites!😊🙃👍
Enjoy your Sunday my friend!!😊

It is a beautiful series. Have a marvelous beginning of the week!


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