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Replies: 23 / Views: 4,009 |
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Valued Member
United States
62 Posts |
Does anyone know how many of these currently exist? Can I see some photos and how much they went for?
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Pillar of the Community
United States
1431 Posts |
I don't believe there have ever been any Morgan dollars graded MS-70 by any of the major market TPGs
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Pillar of the Community
United States
6370 Posts |
As of now, 0. Unless you count SGS in the count. 
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Pillar of the Community
 United States
3098 Posts |
I believe at least two Morgans have received an MS-69 grade.
Paul Bulgerin
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Valued Member
 United States
62 Posts |
Hmm, that's interesting, I would have thought there would have been at least a few... I know I've seen some 69s before, I half believe there's even one on ebay now...
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Pillar of the Community
Canada
4944 Posts |
The PCGS Pop Report currently has 9 Morgans graded MS-69. One of which is prooflike. The NGC Pop Report currently has 5 Morgans graded MS-69. No (Reputable) TPG has assigned a MS-70 grade to a Morgan dollar.
Edited by Canadian-Banknotes 12/23/2015 01:06 am
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Rest in Peace
United States
18456 Posts |
IMHO If any one on this planet has a genuine MS-70 Morgan dollar it would be worth a million $ or more.
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Pillar of the Community
United States
7390 Posts |
Tbop, you're being nice. I'd bet a true MS70 morgan would go for multiples of your estimate possibly even by a factor of 10 or more. It would be THE sale of a lifetime in recent numismatic memory and millionaires would be fighting billionaires over it 
Edited by Cascade 12/23/2015 08:39 am
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Pillar of the Community
United States
3210 Posts |
There are less than 20 as stated above. Most of these seem to be earlier Morgan's like 1880s, 1881s. etc.
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Rest in Peace
United States
18456 Posts |
Quote: I'd bet a true MS70 morgan would go for multiples of your estimate possibly even by a factor of 10 or more. It would be THE sale of a lifetime in recent numismatic memory and millionaires would be fighting billionaires over it Yes I think your right. I under estimated it. 
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Pillar of the Community
United States
2815 Posts |
A true MS70 Morgan? Cascade has it right. It would go into the several millions.
Edited by Darth Morgan 12/23/2015 10:46 am
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Moderator
 United States
187702 Posts |
Think about it. Today's manufacturing process is vastly superior to that of the Morgan era. The only reason why MS-70 coins exist now, in a grade that once represented an impossible perfection, is because the mint gained the ability to create coins better than anyone had previously imagined.
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Valued Member
 United States
62 Posts |
Yes, of course it wouldn't be by today's standards, but I mean for the standards in place at the time, there has to be at least some that are as perfect at possible.
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Moderator
 United States
187702 Posts |
My point is that back then the grade 70 was theoretical, it was an unobtainable limit. The 69 was de facto perfection.
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Valued Member
 United States
62 Posts |
I just find it hard to believe that out of all the Morgans that weren't put into circulation, there aren't at least a few that are flawless, which is what MS 70 designates...
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Bedrock of the Community
United States
12437 Posts |
The problem with that line of thinking is that virtually all of the Morgans that weren't put into circulation were dumped into canvas bags by the hundreds, banging into each other along the way. Quite frankly, I am surprised that MS69s even exist given their general treatment.
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Replies: 23 / Views: 4,009 |