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Morgan Stories - 1904-O Morgan Hits Both Extremes By Paul M. Green, Numismatic News


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Thanks for posting the article link, a very interesting story! :art:

 

It would be nice if we could see a little bit more of your coin and less of the slab. Here's mine:

 

Morgan_Dollar_1904_O_obv.thumb.jpgMorgan_Dollar_1904_O_rev.thumb.jpg

 

It's also in a slab, but not PCGS nor NGC nor ANACS. Therefore, the grade of my coin on the slab is somewhat irrelevant.

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The story is good but isn't complete with how they were finally made common again. In the early 1960's with the rise in price of silver people started becoming a lot more interested in buying up silver dollars at banks. The banks then ordered coins that the Treasury had - which is how some of the scarcer dates that had been stored in vaults for nearly sixty years were finally released. The 1904-O Morgans were first noticed at a bank in Flint, Michigan in the early 1960's.

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