This very common, high-mintage Morgan dollar is plentiful in all grades from low-end circulated up through about MS66. However, it does become notably scarce in higher grades and rare above MS67. A tiny number survives in MS68, where pieces sell for extraordinary premiums during bidding wars between registry collectors. Despite huge numbers of typical MS specimens, the population of PLs and DMPLs is disproportionately low, both proving scarce in any grade and rare at MS65 and above.