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<p>[QUOTE=&quot;chascat, post: 2351838, member: 76792&quot;]When I first started collecting at about age 13, there were thousands sealed mint bags of these coins stored at the S F Mint.&nbsp; Other Fed. depositories also stored many thousands of bags of both these and many other dates.&nbsp; The Fed reserve used to back silver certs. with these coins.&nbsp; This explains why there are so many nice common date Morgans out there.&nbsp; In 1964, the Fed. Reserve announced the sale of these to the public.&nbsp; They sold for face value if bought with Silver Certs. or sold for about $ 1.30 ea, the going rate for silver at the time.&nbsp; I remember seeing pictures in local newspapers of people lined up around the block with wagons to tote their bags of dollars at the S F Fed. Reserve!</p><p><br /></p><p>I believe there are a large number of nice 81-s coins because of the high numbers of coins which laid in wait.&nbsp; Also this year of minting was the peak of perfection at the S F Mint.[/QUOTE]</p><p><br /></p>

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