July 05, 2022 1 min read
Market Analysis: 1893-S Morgan 'slider' silver dollar
By Steve Roach , Coin World, Published: Jul 4, 2022, 1 PM
Earlier this year I wrote about “Sliders,” illustrated with some choice About Uncirculated Barber half dollars that had sold, and a reader replied that he thought the term referred to a low-end coin that was worn smooth.
Generally, a slider coin is also called “commercial Uncirculated” and typically shows a bit of rub at the high points, but has luster that lets it pass, at a glance, as Mint State (though other uses of the term might exist). It’s not a technical grade, but rather describes a nice AU coin that can pass for Mint State when placed alongside lower-end Uncirculated coins in a set.
An example of a great one is an 1893-S Morgan dollar graded AU-58 by Numismatic Guaranty Co. that realized $78,000 at Stack’s Bowers’ April 5 Rarities Night sale. It is the key date in the series and this example is “just a whisper away from Mint State preservation,” with near full luster, frosty texture, a bold strike and terrific eye appeal. That cataloger concluded, “This appealing Choice About Uncirculated survivor will certainly have no difficulty finding its way into an advanced collection.”
The original article can be found at https://www.coinworld.com/news/us-coins/market-analysis-1893-s-morgan-slider-silver-dollar