USA Coin Book >> Dollars >> Morgan >> 1884-O
1884-O MORGAN Silver Dollar. NGC MS64. DOUBLE RAINBOW TONING!
True High End, DOUBLE Rainbow Toned Morgan
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This is an Unique High-End Rainbow Toned Morgan MS64 NGC - one of only 625 High-End Toned Morgans ("Monsters") in Existence (see below).
This coin has an one-of-a-kind DOUBLE rainbow toning on the Obverse. The pattern consists of 50% gold. 25% Emerald Green and 25% Magenta. Have you ever seen a coin like this before? I'll make it easy for you. The answer is NO, you haven't because this is a true one-of-a-kind piece.
Out of the 656,900,590 Morgan dollars that were produced from 1878 through 1921, Brandon from "Jhon E Cash" estimates there are about 10,000 "Rainbow Morgan dollars". This quantity represents any Morgan with even the slightest amount of rainbow colour.
Out of the 10,000 or so "Rainbow Morgans" about 75% (7,500) of them are not even close to being considered monsters. Out of the remaining 2,500, about 75% of those Morgans (1,875), is where we get into the Rainbow Morgan dollars that are actually attractive but many may have something hampering the eye appeal of the coin keeping it from being a monster. I will go through in detail these characteristics. Many people buy coins in this range believing they are the most beautiful coins they have ever seen. The problem is, they have not seen the remaining 625 Morgans out of the original 656 Million + mintage of Morgans that serve as a benchmark for monster and near-monster Morgans. Out of that 625 that are incredibly attractive, only about 200 of them would qualify as a Monster toned Morgan.
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