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devoted to it. Here is one final, very important similarly between the Morgan dollar series and the Cameo Proof series: In grading prooflike Morgan dollars, the two largest grading services in the nation, PCGS (Professional Coin Grading Service) and NGC (Numismatic Guaranty Corporation), offer two grades of prooflike for that series - "DMPL" (Deep Mirror Prooflike) - for the very earliest strikes off the business die, and a simple "PL" (Prooflike) - for the slightly later strikes. PCGS and NGC now offer a similar delineation for all proof coinage from the 1950 to 1970 era. As of early February, 1992, PCGS offers two cameo designations for early strike cameo proofs - "DCAM" (Deep Cameo - roughly equivalent to what we refer to as "ultra-heavy") - for those cameo proofs which were the very earliest strikes off the proof die, with the heaviest contrast, and a simple "CAM" (Cameo) designation for those coincleaning coins which were slightly later strikes, but which still possess significant cameo contrast. NGC instituted their own two-tier system similar to PCGS'' in the spring of 1995. With PCGS and NGC now involved, novices will for the first time have their coins recognized by the most widely used coincleaning grading service in

this market was virtually ignored 30 years ago. What brought it to prominence? Quite simply, information was made available that resonated with the collecting public. At that time, high grade Morgan dollars were not even considered worth collecting by many numismatists, because they were thought to be so plentiful. In other words, though they ranked high in categories 1. Beauty, 2.Quality, and 4. Price, in collectors'' minds they ranked extremely low in category 3. - Rarity. Therefore, their desirability as a collectible was thought to be limited. However, several landmark books were published on Morgan dollars in the 1970''s and early 1980''s which educated the collecting public on many aspects of the Morgan dollar series they were not aware of. Probably the most significant of these books, Wayne Miller''s "The Morgan and Peace Dollar Textbook", was the first book that provided an in-depth date-by-date analysis of this series along with photographs. Significantly, Miller was one of the first authors to estimate a date''s rarity not only in uncirculated condition, but also in gem MS 65 uncirculated condition, and gem MS 65 prooflike condition. This new information was a coincleaning tremendous boon to the

toned in iridescent shades of purple, plum, burgundy, green, orange, coincleaning gold.....virtually every color of the rainbow, can sometimes be found on a single coin! The design of the Franklin half, with the broad expanse of Franklin''s bust on the obverse, and the Liberty bell on the reverse, is an easy target for bagmarks or abrasion. A pristine Franklin half, with a smooth, unblemished cheek of Franklin on the obverse, and equally pristine Liberty bell on the reverse, is a truly beautiful coin. On the other hand, the simplicity of these surfaces also serves to magnify, or hilight, the smallest bagmark! The cheek of Franklin & the Liberty bell make easy targets. The quality of the typical uncirculated Franklin roll is quite low, with coincleaning all 20 coins usually grading between MS 60 and MS 63. By comparison, if one had the good fortune to acquire an original roll of uncirculated Walking Liberty half dollars (the series immediately preceding the Franklins, minted from 1916-1947) the general quality of the coins would likely be quite high, with most coins grading MS coincleaning 64 - MS 65. What About Any Hordes Of Gem Bu Franklins That Have Yet To Surface? Original unsearched bags of BU Franklins? The last bag

Enter here - Numismatics! Your reputable online source for distinguished rare and collectors coins and proof sets is just one click away! Click HERE to browse our extensive catalog of rare coins, complete sets, proofs, uncirculated sets and get reliable market information also!

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