Morgan & Peace 2026 Reverse Proof

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Onastone
Onastone Posts: 4,416 ✭✭✭✭✭
edited June 28, 2026 5:57AM in U.S. Coin Forum

These will be an instant sellout July 9'th



if they're not already gone with subscriptions. Dual dated! 250 Privy Bell. Reverse Proof finish. HHL of 10 each...but mintage of only 250,000 each. That's not many.

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  • mbr33
    mbr33 Posts: 1,143 ✭✭✭✭✭
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    Subs are still open on both coins

  • jmlanzaf
    jmlanzaf Posts: 43,048 ✭✭✭✭✭
    edited June 28, 2026 6:58AM
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    I'm not so sure. 250,000 is a lot for these. I have subs, but will probably cancel them.

    The mintage for 2025 was 160,000 and they are STILL available even though they were $95 last year.

    All comments reflect the opinion of the author, even when irrefutably accurate.

  • Old_Collector
    Old_Collector Posts: 1,210 ✭✭✭✭✭
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    There are other Morgan and Peace coming as a set with the "diamond finish" at 160K and as enhanced uncirculated at 150K each still too and the price over silver spot is crazy high.

    I think that the upcoming dual date enhanced uncirculated ASE at a mintage of 125K might be a better buy, if one can get over the premium to silver spot.

    But I don't collect these dollars, so I wish everyone good luck, it sure seems like the Mint is pushing hard this year.

  • Cougar1978
    Cougar1978 Posts: 10,067 ✭✭✭✭✭
    edited July 19, 2026 5:12PM
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    A lot of them will hit secondary mkt in TPG holders. Plan to buy a couple.

    Investor
  • acelm
    acelm Posts: 60 ✭✭✭
    edited June 28, 2026 2:12PM
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    Tbh I don't understand why the program is still running. It's not the 100th anniversary anymore (well maybe for the Peace dollars still but not the Morgans)

  • MrBear
    MrBear Posts: 485 ✭✭✭
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    I like 'em, although not liking the hyper inflated prices. I lowered my sub to 2 of each after the first year

    Occasionally successful coin collector.
  • jmlanzaf
    jmlanzaf Posts: 43,048 ✭✭✭✭✭
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    @acelm said:
    Tbh I don't understand why the program is still running. It's not the 100th anniversary anymore (well maybe for the Peace dollars still but not the Morgans)

    Why can't they have a continuing coin series just because it is a continuing coin series? It doesn't have to be commemorating anything.

    If it makes you happy, this year's offering in the continuing series IS commemorating the SemiQ!

    All comments reflect the opinion of the author, even when irrefutably accurate.

  • steve_richardson
    steve_richardson Posts: 315 ✭✭✭✭
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    @Old_Collector said:
    There are other Morgan and Peace coming as a set with the "diamond finish" at 160K and as enhanced uncirculated at 150K each still too and the price over silver spot is crazy high.

    What’s this “diamond finish” you mention? I have not heard about that…

  • jmlanzaf
    jmlanzaf Posts: 43,048 ✭✭✭✭✭
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    @steve_richardson said:

    @Old_Collector said:
    There are other Morgan and Peace coming as a set with the "diamond finish" at 160K and as enhanced uncirculated at 150K each still too and the price over silver spot is crazy high.

    What’s this “diamond finish” you mention? I have not heard about that…

    I think he means enhanced uncirculated

    All comments reflect the opinion of the author, even when irrefutably accurate.

  • steve_richardson
    steve_richardson Posts: 315 ✭✭✭✭
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    Followed some google links… found this US Mint video: https://youtu.be/76SOQbbJgXE

    Check out this screenshot from 56 sec in:

    Is this what is meant by diamond finish? And is that going to be on the enhanced uncirculated?

  • Nephasth
    Nephasth Posts: 207 ✭✭✭
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    I think the diamond finish will be for the coins in the two coin set.

  • steve_richardson
    steve_richardson Posts: 315 ✭✭✭✭
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    @Nephasth said:
    I think the diamond finish will be for the coins in the two coin set.

    Is that just speculation or rumor? I don’t see anything on the mint website that mentions the diamond finish.

  • Nephasth
    Nephasth Posts: 207 ✭✭✭
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    @steve_richardson said:

    @Nephasth said:
    I think the diamond finish will be for the coins in the two coin set.

    Is that just speculation or rumor? I don’t see anything on the mint website that mentions the diamond finish.

    A bit of both. It's been discussed on other forums recently. The mint's descriptions (under subscriptions for these) lists the enhanced uncirculated as "a beautiful enhanced uncirculated finish" and the two coin set as "stunning finishes". No mention of the diamond finish on the mint's site, as you said. But we'll see for sure soon enough.

  • Liquidated
    Liquidated Posts: 397 ✭✭✭✭
    edited June 29, 2026 7:19AM
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    @Nephasth said:

    @steve_richardson said:

    @Nephasth said:
    I think the diamond finish will be for the coins in the two coin set.

    Is that just speculation or rumor? I don’t see anything on the mint website that mentions the diamond finish.

    A bit of both. It's been discussed on other forums recently. The mint's descriptions (under subscriptions for these) lists the enhanced uncirculated as "a beautiful enhanced uncirculated finish" and the two coin set as "stunning finishes". No mention of the diamond finish on the mint's site, as you said. But we'll see for sure soon enough.

    2 coin set description says no privy mark.
    Speculation on my part, but may be 2026 dated vs 1776-2026

    The rendering with diamond like fields is very nice though and would be nice if produced

  • steve_richardson
    steve_richardson Posts: 315 ✭✭✭✭
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    @Samets said:
    I'll grab one of each in about 2 years right around melt at the time.

    Yeah… I’m torn on these. I like the idea of adding some to my collection with different finishes, but they seem way overpriced. If they were closer to melt then I’d buy them for sure.

  • Old_Collector
    Old_Collector Posts: 1,210 ✭✭✭✭✭
    edited June 29, 2026 8:00AM
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    @jmlanzaf said:

    @steve_richardson said:

    @Old_Collector said:
    There are other Morgan and Peace coming as a set with the "diamond finish" at 160K and as enhanced uncirculated at 150K each still too and the price over silver spot is crazy high.

    What’s this “diamond finish” you mention? I have not heard about that…

    I think he means enhanced uncirculated

    Nope, those are two different things:

    And then the Reverse proof set that has the following mint Description (but they memory holed the picture a few days ago:
    Key Features of the 2026 Issues Diamond Field Pattern: The background (fields) of these reverse-proof coins feature a striking, textured diamond pattern. Dual Dating: Both the Morgan and Peace dollars are dual-dated 1776–2026.Privy Mark: Each coin includes a special "250th Liberty Bell" privy mark to commemorate the nation's 250th anniversary. Mint Mark & Silver: Struck in 99.9% fine silver with a "P" (Philadelphia) mint mark.

    Place holder picture now inserted, was the pair a few days ago with a nice close up on the diamond finish:

  • Old_Collector
    Old_Collector Posts: 1,210 ✭✭✭✭✭
    edited June 29, 2026 8:10AM
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    @Liquidated said:

    @Nephasth said:

    @steve_richardson said:

    @Nephasth said:
    I think the diamond finish will be for the coins in the two coin set.

    Is that just speculation or rumor? I don’t see anything on the mint website that mentions the diamond finish.

    A bit of both. It's been discussed on other forums recently. The mint's descriptions (under subscriptions for these) lists the enhanced uncirculated as "a beautiful enhanced uncirculated finish" and the two coin set as "stunning finishes". No mention of the diamond finish on the mint's site, as you said. But we'll see for sure soon enough.

    2 coin set description says no privy mark.
    Speculation on my part, but may be 2026 dated vs 1776-2026

    The rendering with diamond like fields is very nice though and would be nice if produced

    From mint Description field the pair of reverse proof Morgan and Peace will have dual date and diamond finish with privy BUT that has all now been removed, I captured this Morgan a few days ago from a US Mint site video that is now gone.

  • Mr Lindy
    Mr Lindy Posts: 1,904 ✭✭✭✭✭
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    Well...

    I say its real deal then !

    But is it cool ?

    Something different is a certainty.

    @Old_Collector said:

    @Liquidated said:

    @Nephasth said:

    @steve_richardson said:

    @Nephasth said:
    I think the diamond finish will be for the coins in the two coin set.

    Is that just speculation or rumor? I don’t see anything on the mint website that mentions the diamond finish.

    A bit of both. It's been discussed on other forums recently. The mint's descriptions (under subscriptions for these) lists the enhanced uncirculated as "a beautiful enhanced uncirculated finish" and the two coin set as "stunning finishes". No mention of the diamond finish on the mint's site, as you said. But we'll see for sure soon enough.

    2 coin set description says no privy mark.
    Speculation on my part, but may be 2026 dated vs 1776-2026

    The rendering with diamond like fields is very nice though and would be nice if produced

    From mint Description field the pair of reverse proof Morgan and Peace will have dual date and diamond finish with privy BUT that has all now been removed, I captured this Morgan a few days ago from a US Mint site video that is now gone.

  • Old_Collector
    Old_Collector Posts: 1,210 ✭✭✭✭✭
    edited June 29, 2026 8:23AM
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    It looked really pretty nice in the picture of the pair that they had up for a while, both have the same dual date, privy and diamond finish.

  • Liquidated
    Liquidated Posts: 397 ✭✭✭✭
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    @Old_Collector said:

    @Liquidated said:

    @Nephasth said:

    @steve_richardson said:

    @Nephasth said:
    I think the diamond finish will be for the coins in the two coin set.

    Is that just speculation or rumor? I don’t see anything on the mint website that mentions the diamond finish.

    A bit of both. It's been discussed on other forums recently. The mint's descriptions (under subscriptions for these) lists the enhanced uncirculated as "a beautiful enhanced uncirculated finish" and the two coin set as "stunning finishes". No mention of the diamond finish on the mint's site, as you said. But we'll see for sure soon enough.

    2 coin set description says no privy mark.
    Speculation on my part, but may be 2026 dated vs 1776-2026

    The rendering with diamond like fields is very nice though and would be nice if produced

    From mint Description field the pair of reverse proof Morgan and Peace will have dual date and diamond finish with privy BUT that has all now been removed, I captured this Morgan a few days ago from a US Mint site video that is now gone.

    Thanks for this info. Like this a lot and been going back and forth between enhanced unc. and RP. Feel this diamond field would be much better. Any chance captured a Peace rendering?

  • steve_richardson
    steve_richardson Posts: 315 ✭✭✭✭
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    I have not seen a Peace with the diamond fields. I’m also really curious what it will look like.

  • Liquidated
    Liquidated Posts: 397 ✭✭✭✭
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    Ran the Peace image through a program.

    This was the result. Maybe it will be released. Sure hope so!

  • Onastone
    Onastone Posts: 4,416 ✭✭✭✭✭
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    Would the reverse get the same diamond field treatment? That might look a little busy...

  • Rdf
    Rdf Posts: 22 ✭✭
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    Is this the set under discussion? Thanks
    Item Number: NL
    Item Limits

    Mintage Limit: 160,000
    Product Limit: 160,000
    Household Order Limit: 5

  • steve_richardson
    steve_richardson Posts: 315 ✭✭✭✭
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    @Rdf said:
    Is this the set under discussion? Thanks
    Item Number: NL
    Item Limits

    Mintage Limit: 160,000
    Product Limit: 160,000
    Household Order Limit: 5

    I think that’s the item number for the subscription. I think the item number for the coin set is 26XS.

  • Rdf
    Rdf Posts: 22 ✭✭
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    I’m kind if new. Are these the same coins, just different due to packaging?

  • messydesk
    messydesk Posts: 20,814 ✭✭✭✭✭
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    If they were willing and capable of striking them in the same finish and quality as the originals, I'd be more interested. The "diamond finish" looks silly, but I'm sure it's cheap to put on the dies and there are enough suckers out there who will double their expenditure as a result.

  • Rdf
    Rdf Posts: 22 ✭✭
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    @steve_richardson said:

    @Rdf said:
    Is this the set under discussion? Thanks
    Item Number: NL
    Item Limits

    Mintage Limit: 160,000
    Product Limit: 160,000
    Household Order Limit: 5

    I think that’s the item number for the subscription. I think the item number for the coin set is 26XS.

    Thank you.

  • fathom
    fathom Posts: 2,201 ✭✭✭✭✭
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    I might buy them but 250K is a bunch. And with the price of silver......

  • Onastone
    Onastone Posts: 4,416 ✭✭✭✭✭
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    Well so much for my prediction of a sell out...these are just languishing , still available.

    Seems like there is so much being offered by the mint, there isn't a lot of excitement being generated. Yes, the prices are much higher, over the top higher, and that may have an affect on sales too.

    However, the new quarters seem to sell out each time.

  • jmlanzaf
    jmlanzaf Posts: 43,048 ✭✭✭✭✭
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    @Onastone said:
    Well so much for my prediction of a sell out...these are just languishing , still available.

    Seems like there is so much being offered by the mint, there isn't a lot of excitement being generated. Yes, the prices are much higher, over the top higher, and that may have an affect on sales too.

    However, the new quarters seem to sell out each time.

    It is quite easy to find comps for these coins. $179 is way over the secondary market value for the dollars with a mintage of 250k. They will be little more than bullion in a year, so people stayed away from them other than the people who absolutely had to have one for their collection. That number is much less than 250,000

    All comments reflect the opinion of the author, even when irrefutably accurate.

  • steve_richardson
    steve_richardson Posts: 315 ✭✭✭✭
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    @Onastone said:
    Well so much for my prediction of a sell out...these are just languishing , still available.

    Seems like there is so much being offered by the mint, there isn't a lot of excitement being generated. Yes, the prices are much higher, over the top higher, and that may have an affect on sales too.

    However, the new quarters seem to sell out each time.

    I 100% think it’s the price. I would probably buy one if they are closer to silver price. With 0.859 oz of silver that’s about $50 at current silver price.

  • NJCoin
    NJCoin Posts: 4,894 ✭✭✭✭✭
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    @steve_richardson said:

    @Onastone said:
    Well so much for my prediction of a sell out...these are just languishing , still available.

    Seems like there is so much being offered by the mint, there isn't a lot of excitement being generated. Yes, the prices are much higher, over the top higher, and that may have an affect on sales too.

    However, the new quarters seem to sell out each time.

    I 100% think it’s the price. I would probably buy one if they are closer to silver price. With 0.859 oz of silver that’s about $50 at current silver price.

    Well, you are wrong. It is 100% the mintage, because they have no problem selling other things at the exact same price. Just not 250K of them, other than proof ASEs.

    And no numismatic product is sold anywhere near the silver price. If you want that, you want bullion ASEs. They make tens of millions of them, and sell them close to silver price.

    If they made half as many of these, they would have probably sold out. But they are pigs, and thought 1776-2026 would make people grab 250K of them, at prices significantly higher than last year. And we have our results. 1776-2026 is pretty much played out now, other than on HSN with the Dan Carr overstrikes.

  • BStrauss3
    BStrauss3 Posts: 3,906 ✭✭✭✭✭
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    Well, here we are on July 15th, and neither is sold out

    Mintage 250,000, Household limits now NONE

    Available
    26XF Morgan ............. 81,541 (32.6%)
    26XL Peace................. 95,823 (38.4%)

    High enough mintage and high price... no sellout

    -----Burton
    ANA 50+ year/Life Member (now "Emeritus")
    Author: 3rd Edition of the SampleSlabs book, https://sampleslabs.info/
  • NJCoin
    NJCoin Posts: 4,894 ✭✭✭✭✭
    edited July 15, 2026 9:42AM
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    @BStrauss3 said:
    Well, here we are on July 15th, and neither is sold out

    Mintage 250,000, Household limits now NONE

    Available
    26XF Morgan ............. 81,541 (32.6%)
    26XL Peace................. 95,823 (38.4%)

    High enough mintage and high price... no sellout

    And, they never will, unless the Mint lowers the price, a lot, or we have another situation like last December where spot approaches intrinsic value before they have a chance to reprice.

    At the same time, people are going to kill themselves tomorrow for the chance to buy a $1500 an ounce silver medal in the shape of a bell, because only 2,026 will be sold. Go figure.

  • 1776Coins
    1776Coins Posts: 72 ✭✭✭
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    @cptbilly said:



    Arrived yesterday. . .took a pass on the Morgan Rev Prf.

    I'm with you, I over bought, but loved the looks of the Peace dollar.

  • coiner
    coiner Posts: 991 ✭✭✭✭✭
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    @Samets said:
    I'll grab one of each in about 2 years right around melt at the time.

    There is always someone stating "they will buy at melt" in x yrs.........i dont think so. Nice try. You wont buy at melt.

  • jmlanzaf
    jmlanzaf Posts: 43,048 ✭✭✭✭✭
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    @coiner said:

    @Samets said:
    I'll grab one of each in about 2 years right around melt at the time.

    There is always someone stating "they will buy at melt" in x yrs.........i dont think so. Nice try. You wont buy at melt.

    You might. They didn't come close to selling out. The 2023 proofs, at a similar mintage, sell for around $85 now.

    All comments reflect the opinion of the author, even when irrefutably accurate.

  • coiner
    coiner Posts: 991 ✭✭✭✭✭
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    When melt is $175.

  • coiner
    coiner Posts: 991 ✭✭✭✭✭
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    Amazes me how many posts over the years have claimed they will buy at melt.....and i bet less than 2% actually do. Same folks who pass on buying 1/2 oz of silver today for $750.; not knowing they can flip the damn thing for $1250+ immediately.

  • jmlanzaf
    jmlanzaf Posts: 43,048 ✭✭✭✭✭
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    @coiner said:
    Amazes me how many posts over the years have claimed they will buy at melt.....and i bet less than 2% actually do. Same folks who pass on buying 1/2 oz of silver today for $750.; not knowing they can flip the damn thing for $1250+ immediately.

    Depends on the offering. Some do end up close to melt in a couple years. Most, actually. But some stay above that. The new calculus is different, however. The current price is 3x melt for most silver commems. The question is less about whether they get all the way to melt. Some will. But how many will hold the $120 premium is the question.

    All comments reflect the opinion of the author, even when irrefutably accurate.

  • Twobitcollector
    Twobitcollector Posts: 4,752 ✭✭✭✭✭
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    Positive BST Transactions with:
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  • Mr Lindy
    Mr Lindy Posts: 1,904 ✭✭✭✭✭
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    5 of 6 of mine have the philly oopsies. All 3 morgan have smudge on cheeks, Two Peace have similar smudge but in different direction. Machine caused ? Fat thumb employee, advance release dealer returns ? No clue, but pretty obvious once I deployed my glass.

    Luckily my 1916 1/4 oz 24k 25c is perfection, thus a keeper.

    Couple years ago when I felt I had dead money tied up in 2023 Morgan & Peace proofs as they'd ebay for like $45-$55 a pop. That was under issue, thus my dead money perspective. I can usually break even on things if I have to thin the heard & I was looking to raise money to buy a couple pricey errors. Mint still has these 2023 in inventory now similar price, 3x silver spot. Thus way overpriced for sky high mintage.

    Happy Inspecting !

  • Cranium_Basher73
    Cranium_Basher73 Posts: 3,826 ✭✭✭✭✭
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    My 2 Morgan and Peace dollars came in on Monday and I wasn't able to look at them until I got home from work after 5am. I didn't see any distracting marks, as of yet. Granted lighting at 5 in the morning doesn't give you the best viewing options.

    Throw a coin enough times, and suppose one day it lands on its edge.

  • Cougar1978
    Cougar1978 Posts: 10,067 ✭✭✭✭✭
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    Really like the Peace Dollar.

    Investor
  • MrBear
    MrBear Posts: 485 ✭✭✭
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    I just picked up mine at the PO Box on Friday (and the gold SLQ today). Ordered two of each. I’m thinking of sending one back.

    Occasionally successful coin collector.
  • Mr Lindy
    Mr Lindy Posts: 1,904 ✭✭✭✭✭
    edited July 20, 2026 6:05PM
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    I am wondering if delay in initially shipping these out was due to dealer program buyers' returns ?

    Mint saw them coming back in numbers and did a quick coin in box check and away they went again.

    These were worst reverse proof I received since 2023, 2024 & 2025.
    They used to be amazing.
    Cheek rubs and dried fluid residue on 5 of 6.

    Break out a quality magnafier or regret the items you should have put good eyes on while you could have exchanged or refunded.

    Happy QC Check Monday !

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