New Purchase: 1896 PCGS MS-64 Morgan Dollar

Sometimes I see a coin (usually a Morgan Dollar) that's pretty, which I feel compelled to purchase, and this is one of those coins.
It's well struck for the date with minimal contact marks, and is strong for the grade with no major distracting marks -- not expensive but just pretty.
1896 PCGS MS-64 Morgan Dollar

It's well struck for the date with minimal contact marks, and is strong for the grade with no major distracting marks -- not expensive but just pretty.

1896 PCGS MS-64 Morgan Dollar


Stuart
Collect 18th & 19th Century US Type Coins, Silver Dollars, $20 Gold Double Eagles and World Crowns & Talers with High Eye Appeal
"Luck is what happens when Preparation meets Opportunity"
0
Comments
I agree, Stuart!!
I've looked at a number of 64s,
and this one looks above average
for the grade, although I still think
it's a 64.
Good find!!
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"America suffers today from too much pluribus and not enough unum.".....Arthur Schlesinger Jr.
I thought that it was an above average appearing example of this date, available at an attractive price, with no downside risk.
Stuart
Collect 18th & 19th Century US Type Coins, Silver Dollars, $20 Gold Double Eagles and World Crowns & Talers with High Eye Appeal
"Luck is what happens when Preparation meets Opportunity"
I find it interesting that the 1896 Morgan is priced comparably with the most commonly found Morgans (such as 1879-S through 1882-S), however I don't see them available as frequently in high-end MS-64 and above gr ades.
I'm not suggesting that 1896 Morgans are scarce, but they seem to be less readily available than some of the other common date Morgan Dollars.
Doe anybody else have some thoughts and/or feedback on this? Thanks!
Stuart
Collect 18th & 19th Century US Type Coins, Silver Dollars, $20 Gold Double Eagles and World Crowns & Talers with High Eye Appeal
"Luck is what happens when Preparation meets Opportunity"
-- Adam Duritz, of Counting Crows
My Ebay Auctions
<< <i>Looks like that rim hit at 4:00 on the reverse took a heavy price on the grade. Great coin for the grade. >>
Very astute observations. I agree.
<< <i>Bill: Thanks for your post. I always appreciate you sharing your experience and your thoughts.
I find it interesting that the 1896 Morgan is priced comparably with the most commonly found Morgans (such as 1879-S through 1882-S), however I don't see them available as frequently in high-end MS-64 and above gr ades.
I'm not suggesting that 1896 Morgans are scarce, but they seem to be less readily available than some of the other common date Morgan Dollars.
Doe anybody else have some thoughts and/or feedback on this? Thanks!
I would say that the 1896 Morgan dollar is scarcer than some dates, like the 1881-S, which is very common in MS-63 and above and very common in brilliance grades ranging from semi-P-L to full P-L. Still it is a coin that was saved in bag quantities, and since it is not noted for great beauty, like the 1881-S and the other very common S-mint Morgans (1880 - '82) it brings the common coin price. For most Morgan collectors ONE 1896-P is all they need.
Stuart
Collect 18th & 19th Century US Type Coins, Silver Dollars, $20 Gold Double Eagles and World Crowns & Talers with High Eye Appeal
"Luck is what happens when Preparation meets Opportunity"