I agree its a fake, but disagree with the statement that ALL 1893 S Morgans have been slabbed. Even if you only count the high grade ones. Some of us have had our 1893 S Morgans since the 60s, and maybe before. Or we
inherited a Collection that was started long before our births. I got mine from my Grandfather who got mine in circulation in 1932. Long after that he was part owner of the Silver Spur Casino in CC. He pulled at least three from the counting room back in the 60s and 70s. My Uncle had those, and now I guess his sons do. The point is Not all of them, by any means have been slabbed.