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-65 1891-S Morgan Dollar. It was bought at NERCA (New England Rare Coins Auctions).
It weights 26.73g with 90% silver purity.
5,296,000 units were minted in San Francisco in 1891.
From the NGC site: https://www.ngccoin.com/coin-explorer/morgan-dollars-1878-1921-pscid-49/1891-s-1-ms-coinid-17210
“Many remained in government vaults until they were released prior to 1960. Many of those coins released decades after they were struck were uncirculated, but were on the low end of the spectrum due to excessive bag marks. The most commonly seen mint state grade seen today is MS-63. However, the coin is relatively available in choice as well. It becomes much harder to find in gem.”
Just to have an idea of rarity about this coin's grade, from a total of 6,997 1891-S coins, NGC graded 233 as MS-65, with 29 graded higher, until today (01/09/2020).
The NGC MS-65 price is around $1,200.00.
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.