1902 Morgan Dollar, Philadelphia Mint, MS-67 (PCGS)

This exceptional 1902-P Morgan dollar represents a premium example from the final years of this iconic series. Graded MS-67 by PCGS (Certificate #58332212), this coin exhibits the superior eye appeal and technical quality that distinguishes it from the vast majority of surviving specimens. The coin displays the characteristic satiny luster typical of Philadelphia Mint dollars from this era, with well-preserved surfaces and minimal bagmarks consistent with its grade.

The 1902 Philadelphia issue is notable as the first to employ the C-4 reverse hub on all dies, introducing significant design modifications including the distinctive "Wide Neck/Wing Space" and large stars. While circulation strikes of this date are common in lower Mint State grades (MS-60 to MS-63), specimens grading MS-65 or finer are quite scarce. With only 10 examples graded higher and just 115 total submissions to PCGS, this MS-67 represents an elusive offering for serious Morgan dollar specialists.

Composed of 90% silver and 10% copper, this coin weighs 26.73 grams and measures 38.1mm in diameter with a reeded edge. The 1902 witnessed a substantial mintage of 7,994,000 pieces, yet most survivors remain confined to lower Mint State levels. Although Treasury releases in the late 1950s brought substantial quantities of Mint State 1902 dollars into the numismatic market, the vast majority cluster in the MS-60 to MS-63 range, making this MS-67 example a genuinely scarce find for discerning collectors.