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<p>[QUOTE=&quot;CamaroDMD, post: 625389, member: 5233&quot;]Yes, on a relative basis.&nbsp; But, since proof Morgan&#039;s are rare to begin with.&nbsp; According to NGC&#039;s registry, there are 1532 cameo or ultra cameo out of the 6973 total graded coins.&nbsp; That means that less than 22% are cameo.&nbsp; That is probably about accurate...roughly 1/5 of the already very rare proofs are cameo.&nbsp; That makes cameo examples very rare.</p><p><br /></p><p>I agree that they are out there and can be found, but they are certainly a rare coin and considerably rarer than their non-cameo counterpart.[/QUOTE]</p><p><br /></p>

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