Glossy watery mirrored surfaces have an icy, glass-like smoothness. A few old lines are noted and taken into account for the assigned grade, but they fail to produce an impact on the visual allure. Pleasing iridescent toning graces the surfaces. The reverse especially is razor sharp in strike and has a bold frost that creates a semi-CAMEO like look. The eye appeal is decent for this more modest grade Proof Morgan. Only 755 Proofs were struck. PCGS 57, NGC 20, CAC 2. The last PCGS-graded example to sell in auction was NOT CAC and sold for $3,000. The current CAC CPG value is listed at $4,580. This is a very rare opportunity to acquire an affordable CAC-approved 1903 Proof Morgan. Cert. Number 19539170 PCGS # 7338