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It is a Professional Coin Grading Service (PCGS) graded coin in MS-65. [1] In 2021, a PCGS graded 1893-S Morgan dollar in MS-67 sold for US$2,086,875.00. [6] The coin is considered to be the finest known and it is named the Vermeule 1893-S. [1] In March 2023 an 1893-S graded by Numismatic Guaranty Company (NGC), in an MS-64 grade sold for US ...
PCGS keeps a comprehensive record, known as a census, of all the coins they have graded since their establishment. This census provides details about the grades, varieties, and specific designations assigned to each coin issue. For instance, designations like "prooflike" for Morgan dollars or "full bands" for Mercury dimes are included.
The Morgan dollar is a United States dollar coin minted from 1878 to 1904, in 1921, and beginning again in 2021 as a collectible. It was the first standard silver dollar minted since the passage of the Coinage Act of 1873, which ended the free coining of silver and the production of the previous design, the Seated Liberty dollar.
Coin grading [1] is the process of determining the grade or condition of a coin, one of the key factors in determining its collectible value. A coin's grade is generally determined by six criteria: strike, preservation, luster, color, attractiveness, and occasionally the country/state in which it was minted.
MS64 Coin has good, overall average luster and even strike for the type. Several small contact marks in groups, as well as one or two moderately heavy marks may be present. One or two small patches of hairlines may show under low, (3-4x) magnification. Noticeable, light, scuff marks or defects may be seen within the design or in the field.
The Confederate States dollar was first issued just before the outbreak of the American Civil War by the newly formed Confederacy.It was not backed by hard assets, but simply by a promise to pay the bearer after the war, on the prospect of Southern victory and independence.
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