While 9.2 million of this issue were struck for circulation, today it's estimated that as few as 175,000 may survive in the Brilliant Uncirculated quality we offer (that would be less than 2%). The reason is that vast numbers were lost in government melts during the world wars. As a result, it's far scarcer than some Morgan BUs of the period that cost about the same. The principal Philadelphia Mint Morgan issues carry no mintmark. Our Brilliant Uncirculated quality has nice original luster and no sign of wear (some bag marks are present, as is normal).