Coins Certified as of 1/21

My Coin #10310324

1904 $1, PL MS65PL

PCGS#: 7291

Owner's Comments


Expert Comments

Ron Guth: The 1904 Morgan Dollar presents a real challenge for the collector because of the general poor quality of the coins from this year.  This defect has been known for decades (for example, in 1992, Dollar expert Dean Howe wrote: "...the 1904-P is among the worst coins produced at the Philadelphia Mint.  Most 1904-P dollars have a subdued gray luster that is often dull and unattractive...").  Certainly, there are plenty of Mint State examples to go around (PCGS alone had certified over 4,000 Mint State 1904 Dollars as of April 2012).  However, the real challenge is to find a nice-looking one.

Because of the poor quality of coins from this year, it should come as no surprise that Prooflike 1904 Dollars are very scarce.  Even more rare are the Deep Mirror Prooflike versions, all of which are tremendous condition rarities.

The finest 1904 Dollars certified by PCGS (as of April 2012) include 15 PCGS MS66s, 1 PCGS MS65PL, and 1 PCGS MS65DMPL.

Diameter: 38.10 millimeters Designer: George T. Morgan Edge: Reeded
Mintage: 2,788,000 Weight: 26.73 grams Metal Content: 90% Silver, 10% Copper

Rarity and Survival Estimates

Grades Survival Estimate Numismatic Rarity Relative Rarity by Type Relative Rarity by Series
All Grades 81 R-8.1 21 / 117 TIE 21 / 117 TIE
60 or Better 81 R-8.1 21 / 117 TIE 21 / 117 TIE
65 or Better 3 R-9.8 3 / 117 TIE 3 / 117 TIE

Condition Census

Pos Grade Thumbnail Pedigree and History
1 MS65PL PCGS grade
2 MS64PL PCGS grade
2 MS64PL PCGS grade  
2 MS64PL PCGS grade  
2 MS64PL PCGS grade