Art & Coin TV Acquires the Highest Graded Morgan Dollar Ever

LOS ANGELES, Dec. 1, 2011 /PRNewswire/ -- With the popularity of coins rising along with their corresponding precious metal prices, collectors around the world are taking notice of a recent US Coin Auction. Why? The highest graded Morgan Dollar, which was graded MS69 Prooflike by PCGS, was on the auction block.  Art & Coin Television placed the winning bid for this exceptional 1880-S Morgan Dollar!

Out of nearly 5,000,000 Morgan Dollars that have been graded by third-party grading services PCGS and NGC, only one coin has graded at this level for any date or mint mark in the entire Morgan Dollar series! Only 9 Morgan Dollars have ever graded at an MS69, but no others have ever had the designation of Prooflike, literally making this coin the finest Morgan Dollar money can buy. This is a coin that truly stands alone.

The grading system used by PCGS and NGC is based on a 70 point scale, 70 representing a flawless coin. The Morgan Dollar was minted from 1878-1904 and then again in 1921. No Morgan Dollar has ever graded at the 70 level due to inconstancies in the minting process throughout the years, making the MS69 Prooflike grade of this 1880-S Morgan truly astonishing.

"Owning the finest Morgan Dollar that exists is just an amazing honor for Art & Coin Television. As a company that prides itself on the finest quality, purchasing this 1880-S Dollar graded MS69 Prooflike is truly a feather in our cap," said Jack McNamara, senior coin buyer for Art & Coin Television.

Art & Coin Television is excited to add this stunning coin to its corporate collection, helping to solidify its reputation not only as the foremost collector's source for buying coins, but as a numismatic leader. The addition of this coin brings great pride to the company and co-owners Barry Chappell and Greg Thomas.

For more information about this exciting announcement or to request images, please contact Christi Lazar at [email protected].

About Art & Coin Television 
Art & Coin TV delivers high quality fine art and rare coins at affordable prices. The art component, the "Fine Art Showcase" with Barry Chappell and Claire DiTusa, features museum quality signed original art, lithographs, silkscreens, etchings, sculptures and handmade glass from around the world. On the "Coin Show Spectacular," viewers can purchase gold, silver, platinum, currency and rare, one-of a-kind coins at an amazing value. To learn more about Art & Coin Television visit: www.ArtAndCoinTV.com

SOURCE Art & Coin Television, LLC