I think there are just enough detracting marks in the reverse fields to keep it from a 65. MS64 Chris
I went with 65. Looks like the luster is muted in the spots on the reverse which I think will keep the coin from 66. I have been on a overgrading streak recently though, I'll chalk that up to Christmas spirit .
It has to be either an MS65 or 66 and I went for the latter because I think this Morgan is worth it. Really great coin btw.
I think the wear on the reverse on the eagle's breast knocks it down quite a bit. But I'm new to it so...!
If that is wear on the eagle's breast, then AU58 would be correct, but it won't go any lower than that.
I would grade it 65. I think the small hits, especially on the reverse fields keep it from grading any higher. That being said, I voted NGC gave it a 66. I don't think the small areas of friction on the cap and breast feather would keep it from going UNC, but I guess we'll find out when the grade is posted.
I think it is a very high in grade 64. It is close to 65, but there are a few distractions on the obverse. I like the toning, and think it should have been a 64+ IMHO. The AU votes clearly don't know Morgans very well.