coincollectors

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collector, for many dates which were considered fairly common in uncirculated condition, such as the 1879-O and 1880-O Morgan dollar, were disclosed to be extremely scarce or rare in gem MS 65 uncirculated grade and gem MS 65 prooflike! With these disclosures by a respected expert in coincollectors the field, the Morgan dollar market bloomed almost overnight. By the early 1980''s, it was the single largest area of collector interest in U.S. numismatics, simply because it was disclosed that in addition to the other benefits of 1. Beauty, 2. Quality, and 4. Low price, many dates in the series also enjoyed a high degree of 3. Rarity, in higher grade. The 1950-1970 Cameo Proof series is currently positioned at the same point the Morgan dollar market found itself in the mid-1970''s. Like the Morgan dollar market at that time, the current cameo proof market has been enjoying increasing popularity among collectors with each passing year, despite the birth of published information on the subject. The fact is, high grade cameo examples of many of the rarer cameo dates are so rare that few dealers have ever seen such coins. The cameo proof series, like coincollectors the Morgan dollar series, has been crying for a comprehensive coincollectors book

this market was virtually ignored 30 years ago. What brought it to prominence? Quite coincollectors 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 coincollectors 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 coincollectors 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 tremendous boon to the

devoted to it. Here is one final, very important similarly between the Morgan coincollectors 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 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 grading service in

Look 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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