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The 1902 $1 Morgan Silver Dollar represents the quiet closing chapter of a long and storied series. Struck at the Philadelphia Mint during the final circulation years of the Morgan dollar, it reflects a period when production had become technically consistent, even as the coin itself was nearing obsolescence. Its appeal lies not in drama or scarcity at the minting stage, but in the precision and finish achieved at the end of the series’ lifespan.
In NGC MS-65, the coin shows the benefits of late-date hub refinements: strong hair detail on Liberty, crisp feather separation on the eagle, and satiny luster that often spreads evenly across both fields. While many examples survive, true Gem pieces remain selective. NGC reports 1,077 graded MS-65, with 470 certified finer.
At its current price of $350, the 1902 Morgan dollar in MS-65 stands out as an affordable option for collectors seeking top-tier quality without chasing extreme rarity—a refined, end-of-era Morgan with enduring visual appeal.
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