Today we will continue a long series showing unslabbed Morgan Dollars.
This series is dedicated to my #ssg-community friend 
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 1885-S Morgan Dollar. It was bought at NERCA (New England Rare Coins Auctions)
It weights 26.73g with 90% silver purity.
1,497,000 units were minted in San Francisco in 1885.
The 1885-S Morgan dollar is much less common today that the Philadelphia issue of the same year. Many spent time in circulation or were improperly stored in bags in the San Francisco Mint, leading to numerous bag marks. Whereas the Philadelphia issue has an NGC MS65 population of over 10,000 coins, only 245 San Francisco coins have achieved that grade at NGC.
Just to have an idea of rarity about this coin's grade, from a total of 6,723 1885-S coins in mint state, NGC graded 1,819 as MS-63, with 1,710 graded higher, until today (12/20/2019).
The NGC MS-63 price is around $410.00.
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.
