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 Replies: 21 / Views: 2,374 |
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Pillar of the Community
United States
2130 Posts |
MS64 all day. Nice coin Bill.
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Bedrock of the Community
United States
10982 Posts |
Nice MS63 from what can be seen. The shadows in the pics could help or hide so MS63 seems like a safe bet.
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Valued Member
 474 Posts |
Thank you all for your feedback. 
The next question: Do you think it is worth sending it in to a TPG? 
I know it is bad form to mention dollar amounts, but I am not ashamed to say I paid a little under $190 for the coin (including shipping.)
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Pillar of the Community
United States
7840 Posts |
You got a good deal!  Here are numismedia's 1882 (common) Morgan GSA CC values; MS61 $234 MS62 $240 MS63 $263 MS64 $300 MS65 $538 ...unless it gets attributed as a VAM, then the values are obviously higher. ANACS and NGC would place a label on the original GSA holder, PCGS would crack it out. I sent my 1884-CC GSA (unattributed VAM 2  ) through ANACS, very common MS62 result for a $14 submission. Edited by oih82w8
05/24/2012 6:49 pm
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Valued Member
474 Posts |
Quote:oih82w8:...unless it gets attributed as a VAM, then the values are obviously higher.
I have been looking at the coin quite closely with my USB microscope and I have found a 'double/parallel line' die crack on the top of the left wing and another similar die crack right below the top of the neck on the obverse. A lot of what looks like 'marks' on the coin are actually in the plastic holder.
I am already a member of NGC... but I would want the coin cracked and put into an NGC holder. Which TPG do you think 'may' give the higher grade? I guess I could send it to PCGS, but I really don't want to have to join them as well...
I am leaning towards MS64, but that holds absolutely no weight as an opinion. Maybe if I am REALLY lucky, it might make MS65, but I won't be holding my breath on that wish. |
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Pillar of the Community
United States
5854 Posts |
There is no need to crack the coin out of the holder. Both NGC and ANACS will certify the coin in the GSA holder and put a label on the holder with their opinion.
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Pillar of the Community
United States
4989 Posts |
Great deal! Seller must have gotten it confused with an 1883 or 1884. The 82's are a bit more scarce and valuable.
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Valued Member
Australia
243 Posts |
I'll go with the consensus of MS64 - Nice coin.
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Bedrock of the Community
Australia
21788 Posts |
For someone who has nonexistent photo skills, you have captured the cartwheel lustre remarkably well.
I think I can see a small dig between the 'U' and the 'S' of 'PLURIBUS', but that could be a dust particle on the slab. I see numerous very tiny nicks across the whole coin.
It is much harder to keep this type of marking off dollar sized coins of any country, than for smaller coins.
Nevertheless, I would go with MS 62 or 63.
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Bedrock of the Community
United States
10982 Posts |
Quote:Which TPG do you think 'may' give the higher grade? Right now I'd say NGC. I would not have the coin removed from the GSA holder either. If you do have it graded, have NGC do one of the "banded" certs leaving the coin in the GSA holder. Honestly though? I wouldn't spend the money on grading. It looks like a nice 63 with a shot at 64 on a good day. I don't see 65 at all and you'd need a 65 to make it worthwhile to grade. There's a chance you could get jacked and it ends up in an MS62 holder and that's not a good thing. |
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Valued Member
474 Posts |
I still think I would want the coin put into an NGC holder. Will NGC do this and make an annotation on the label that the coin is a 'GSA Hoard' coin?
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Pillar of the Community
Canada
986 Posts |
I will guess 64 on it. Also, with your description of the die cracks you may have a known VAM which could increase the value. Here's the link for you to check it out. http://www.vamworld.com/home |
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Valued Member
474 Posts |
Quote:Peter4805: ...with your description of the die cracks you may have a known VAM which could increase the value
I have tried to do the attribution ting. I think I will just pay the service fee for attribution when I send the coin in for grading next week. |
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Moderator
 United States
23522 Posts |
It's a VAM-3, not an added-value coin. Quote:
I still think I would want the coin put into an NGC holder. Will NGC do this and make an annotation on the label that the coin is a 'GSA Hoard' coin? This would reduce its' value going forward - people are cracking these out of the original holders at such a rate that they will soon be rare. The packaging itself will represent additional value. On its' own, the "GSA" designation means next to nothing. |
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Valued Member
474 Posts |
Thank you Dave. I guess I will be leaving it in the GSA holder after all... 
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Replies: 21 / Views: 2,374 |
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Posted 05/24/2012 3:13 pm
