1890-S. NGC graded MS-65 DPL. Well struck and fully white. A very attractive gem with decidedly reflective surfaces, supporting devices that burst out atop with bright and hard-working frosty throughout. Some weak spots in strike is seen only at the hair above Libertys ear where there is the least little touch of rounding. Fortunately this has appreciable eagle chest feathers, and as such can be described as bold. Pop 6; none finer at NGC (PCGS # 97203) . Derivation of the word Prooflike: The designation Prooflike, Deep Prooflike, Deep Mirror Prooflike (DMPL, pronounced "dimple") first emerged to describe Morgan Dollars (and later certain Peace Dollars). The term is being extended now to describe other coins that have the bright, shiny, mirrored surfaces and frosted devices of Proof coins, but which were struck for circulation. In most cases, the dies that struck the prooflike coins were prepared and polished in a similar manner to the Morgan Dollar dies. The procedure included a step called "basining" the dies. Basining was where each individual die just before inserting it into the coin press is machined on the die face to a slight concavity while applying a very fine die polish. Basining helps to make the metal flow more evenly when a planchet is struck. Sometimes these basined dies were buffed to a high reflectivity, resulting in an even deeper mirror. Unfortunately, the mirror effect only lasted for the first few hundred to a few thousand strikes, changing slowly to the point where luster forms and the struck coins are no longer even mirror-like enough to be called semi-prooflike. Estimated Value $5,500 - 6,000. Categories: Morgan Dollars
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