My Morgan Collection Part 21. The last!
It’s hard to believe we’re finally down to the last group. Technically I still have 2 holes to fill and I’m a little disappointed I wasn’t able to find (well, find and bid high enough on) the missing pieces in time to include them here. Since I started the series I did fill one hole and upgrade 3 others though.
We kick things off with a bang, also I’m going to cheat here and post both 1904-Os I own. I have a 64DMPL in the box with my main set and a toned 67 that I include with my type set, but really it fills both slots. (I keep the DMPL for my mirrored date set.)
But first a word about the 1904-O. It is a very common coin and would make a great type example. While not as well struck as a 1903-P or 1902-S, they are usually decent. It comes mirrored and is probably the most often found 20th century date with cameo contrast. Also easily the most common to find with color since 1896. There are several gorgeous rainbow toners and a number of nice ones but not nearly as many in the 63-66 range as there are for the common O mints of the 19th century. There are at least 3 spectacular 67s.
1904-O MS64DMPL CAC
1904-O MS67 CAC
1904-S is a very tough date. Not quite as tough as 1903-S but certainly harder than 01-S and 02-S, and boy are they usually rough. Much like the 1896-S they are typically found baggy or with poor luster, haze, and other issues. Roller marks on the face are also common as these were generally not as well struck as other S mints. My example has none of the above. It looks like an 81-S!
1904-S MS64 CAC
1921 Morgans (all three) are a bit different than the rest of the series. Obviously the design changed slightly, the coins are flatter and generally come with a satiny luster. They were produced in absolutely enormous numbers but many were melted and the coins are not common in gem and above. For some reason most seem to be graded more generously (about 1 point) than any other date. Also, the mint marks for the D and S are comically small.
For the P mint, PLs are tough but available. DMPLs are quite rare and toned examples exist, including a few very nice ones but the method of manufacture usually means they don’t come as pretty as anything from the 20th century. Many are spotty or blotchy. My example is very close to DMPL.
1921 MS63PL CAC
1921-D Morgans are even tougher to find than 1921 and these get quite expensive above the gem level. One characteristic of this date is the “fruity pebbles” toning which is unlike anything seen prior to 1921. I wanted an example like that because it’s specific to this coin. Mirrored coins are extremely rare and generally low grade and unattractive.
1921-D MS65+ CAC
1921-S is usually the most expensive of the final year but I find they actually come pretty nice. They are plagued by weak strikes lacking central hair detail and breast feathers. Forget about toners or mirrored coins. My example is very lustrous, satiny, and super clean (but a soft strike as expected). It still has great eye appeal, and I think represents the characteristics of the date well.
I hope you enjoyed the series! It’s been a blast writing about them and carefully reviewing each coin in the process. As always, please share your own Morgans from this group and let me know what other topics might be interesting to cover.