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Why no MS grade on this Morgan?

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Because they were probably sent in by a bulk submitter who was only interested in getting these authenticated and the pedigree on the holder. Plus the fees are much cheaper.

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Basically that article was saying that they placed "uncirculated" on the labels of those coins that did not meet the minimum grade of MS63

 

"NGC CERTIFICATION OF THE BATTLE CREEK COLLECTION

 

The grading result also was indeed unusual. Of the 10,000 coins submitted, 1,359 were awarded the NGC star designation for extraordinary eye appeal. These stars were awarded to both rainbow toned coins and coins that exhibited other special features such as one-sided prooflike surfaces. Additionally, 247 coins possessing original color but grading below MS63 were also separated from the main group by NGC. At the time of grading, the NGC star designation was not assigned to coins grading below MS63, and these coins were graded as Brilliant Uncirculated."

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The reverse on this coin must have all the eye appeal since they posted it facing forward in the slab. Can you post a picture of the obverse?

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