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.
The obverse depicts a profile portrait representing Liberty.
Thank you for reading. Please comment, upvote, resteem and advise me.