Morgan Silver Dollar MS 64
MS 64 is the contraction for the denotation "Mint State Grade 64". MS 64 is a desirable grade on the Sheldon coin grading scale, which was created by Dr. W.H. Sheldon in 1949. The scale begins at a low of 1 and tops out at 70. This scale is widely used today by the top coin grading services, primarily PCGS and NGC. ITM Trading will only buy or sell graded coins if they are graded by PCGS or NGC.
Specifics of the Grade
A Morgan Silver Dollar in MS 64 will have eye-appeal to the trained and untrained eye alike. Any nicks or scratches will be smaller and lighter than a coin of a lower grade. Minting defects will probably not be visible to the naked eye, but will only be seen with magnification. A MS 64 graded Morgan Silver Dollar will have a pleasing silver sheen to it and / or it may exhibit some "Toning". Toning is coloration caused by the silver in the coin reacting with other elements or chemicals, and often results in a rainbow like appearance.