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Offered is a very nice example of the so-called "Zerbe Proof" format of the 1921 Morgan silver dollar. The details of this type of Proof are given extensively in Dave Bowers' 1993 Silver Dollars and Trade Dollars of the United States, to which refer. In brief, in this year there were two types of Proofs made—the so-called "Zerbe Proof," as here (modern numismatic literature with perhaps no basis in fact), struck from special dies but not completely polished, and the so-called "Chapman Proof," with deeply mirrored dies. Both styles exhibit details much finer than do normal pieces made for circulation. In our experience the "Zerbe Proofs" can be rather scruffy in appearance. The present piece is particularly attractive and ranks as one of the nicest we have ever seen.PCGS Population: 9; none finer within the designation.
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