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current PCGS pops on micro O Morgans
Since PCGS announced the counterfeit status of the 1896, 1900, and 1902 micro O Morgans about 6 months ago, owners of PCGS slabbed examples had the option of returning the coins to PCGS for compensation. PCGS had slabbed 26 of the 96-O's, 31 of the 00-O's, and 38 of the 02-O's. Many (including myself) have wondered how many people have taken advantage of the return program, and how many coins still remain in PCGS slabs. The population report no longer shows these three dates, so everyone was just guessing. However, today I went to the online PCGS population report, and did a lookup via the old PCGS coin numbers for these 3 varieties, and the stats appeared!! They showed that the current populations are 21 of the 96-O's, 25 of the 00-O's, and 29 of the 02-O's. I presume that PCGS reduces the population by one each time a coin is returned, so it appears that 5 96-O's, 6 00-O's, and 9 02-O's have been removed from PCGS slabs so far. The actual PCGS pops are certainly even less than stated above, due to crackouts/resubmissions - in fact I cracked out and resubmitted two 1902 micro O's myself when I thought they were undergraded.
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