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MORGAN DOLLARS - Grading descriptions
by Michael G. Fahey, ANACS Senior Numismatist

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VG-8 – Heavy wear is evident on all the coins surfaces. The rims will be full and the date will be clear. Very few of the coins finer details will remain visible.

 

VF-20 - Significant wear is visible on the higher areas of the coins design. Major design areas of the coin are beginning to blend together due to wear. No luster will remain on the coin. Consult one of the major grading references for specific details that should be visible for this grade or lower conditions, such as the eagles feathers on a Morgan dollar, letters in LIBERTY or shield details, etc.

 

EF-40 – Moderate wear is visible on the higher points of the coin, and the luster is mostly gone, remaining only in protected areas near the rim or raised devices. Most of the coins details will still be sharp.

 

AU-50 – Light wear is visible on the high points of the coin, and the luster is not full. The fields of the coin will exhibit light circulation marks from contact with fingers, countertops, keys, etc. Only the high points of the coin will be affected by wear -- the remainder of the coins details will be sharp.

 

MS-60 
 

 
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