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<p>[QUOTE=&quot;JPeace$, post: 1903042, member: 42727&quot;]This is my understanding as well.&nbsp; I have a 1902 S Morgan that I bought raw.&nbsp; It came back as a MS62.&nbsp; Well, I own plenty of MS66 Morgans and this one was every bit a 65.&nbsp; I think they couldn&#039;t decide if there was a slight rub on the coin and it was too nice to be AU so they net graded it 62.&nbsp; I still disagree with the grade.&nbsp; I&#039;m thinking of re-submitting it this year.&nbsp; At MS62 it&#039;s a $500 coin and it gets really pricey @65.</p><p>&nbsp;</p><p>Nice SLQ.&nbsp; Not my favorite obverse, but one of my favorite reverses.[/QUOTE]</p><p><br /></p>

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