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<p>[QUOTE=&quot;CamaroDMD, post: 1864097, member: 5233&quot;]What everyone is saying is correct...there is a difference between circulation wear and bag marks.&nbsp; The majority of the MS Morgans you see today were placed in bags and locked in vaults for many years.&nbsp; Dollar coins were just as popular back then as today...people didn&#039;t really use them.&nbsp; So, the coins got banged into each other when those bags got moved around.</p><p><br /></p><p>Coin collectors distinguish between bag marks and circulation wear when we grade.&nbsp; Circulation wear actually removes some of the surface of the coin across the board...starting with the high points.&nbsp; Bag marks are dings on the coin&#039;s surface.&nbsp; This is why, especially with large dollar coins, AU58 coins normally look a lot better than MS61 coins.&nbsp; The MS61 coin not show any wear...but will have a ton of bag marks.&nbsp; The AU58 should have very clean fields but just a hint of wear.&nbsp; AU58s are often mistaken for MS65+ coins by novice collectors.</p><p><br /></p><p>This is why I prefer AU58 coins in my collection.&nbsp; You get wonderful eye appeal for a very discounted price.[/QUOTE]</p><p><br /></p>

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