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<p>[QUOTE=&quot;GDJMSP, post: 7884704, member: 112&quot;]Yes they do, and they are typically found quite nice. Because of that the early S mint Morgans have always been graded based on a tougher standard than the rest of the Morgan series.</p><p><br /></p><p>Myself, while I can&#039;t judge PL based on pics, I&#039;d call that one a 63 because of the number of marks and frost breaks. And I suspect others have thought the same which would explain why it is still in that old holder. </p><p><br /></p><p>Over the years the old holders have been picked over so many times that pretty much all of those thought worthy of an upgrade were resubmitted years ago. While those thought unworthy of upgrade have been left as they are as a potential sales incentive for those who don&#039;t know all of this.[/QUOTE]</p><p><br /></p>

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