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"Zerbe Proof." Lustrous pale silver with somewhat frosty motifs and satiny fields devoid of toning highlights. This curious issue has long divided Morgan dollar enthusiasts into two separate camps, those who believe they are Proofs made expressly for Farran Zerbe in 1921, and those who believe they are simply prooflike circulation strikes. The Bowers silver dollar reference relates: "In my opinion, true Proofs with deep mirror surfaces are exceedingly rare. The situation is obfuscated, however, by a profusion of prooflike coins from hairlined dies sold as 'Zerbe Proofs,' or with other nomenclature." Bowers does mention, however, that his is "a minority view" where this issue is concerned. The verdict is still out on this enigmatic issue, but its popularity never seems to wane with Morgan dollar enthusiasts and strong bidding will almost certainly be the order of the day when this specimen takes its turn on the auction block.The Bowers reference relates the following information taken from an article titled "Notes on 1895 Morgan Dollars" by Stuart Mosher which appeared in the July 1955 edition of The Numismatist. The article dealt primarily with its intended subject matter, though a mention was made of a conversation Mosher had with Farran Zerbe, about which Mosher wrote: |