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1893-S Morgan Dollar PCGS MS-67 Auction

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 Posted 08/02/2021  9:57 pm  Show Profile   Check Pacificoin's eBay Listings Bookmark this reply Add Pacificoin to your friends list
O+U+C+H
Conserve that ? Fine as is !
Touching near million dollar coins with a shaky
Hand never the smartest idea .
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United States
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 Posted 08/02/2021  10:22 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list
Using a PCGS True View picture for comparison is like photoshopping a mugshot.

GC has just knocked it out of the ballpark for me this past year, time after time.
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 Posted 08/02/2021  11:00 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list
Even in the True View it's ugly. If I were in the market I would not pay nearly as much for this coin as I would for a lower grade attractive one.
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 Posted 08/02/2021  11:41 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list
The toning will still knock it down the equivalent of 2 to 3 grades for me, in terms of value.

Would have held all of it's value, if completely untoned.

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 Posted 08/02/2021  11:46 pm  Show Profile   Check Pacificoin's eBay Listings Bookmark this reply Add Pacificoin to your friends list
Toning does not ever affect a Technical grade only the eye appeal of
the coin .
I think there are many of us who would love to own and enjoy
this outstanding rarity .
Heck I still drool over the VF 35 NGC that I owned for years .
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 Posted 08/03/2021  12:31 am  Show Profile   Bookmark this reply Add FlyingTiger to your friends list
A hefty dab of Wright's Silver Crean and 15 minutes of elbow grease and it could be an MS-68 most likely.Even proof like maybe!
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 Posted 08/03/2021  12:35 pm  Show Profile   Bookmark this reply Add jbuck to your friends list

Quote:
Toning does not ever affect a Technical grade only the eye appeal of the coin
I agree.

While the TrueView looks better, the toning is still not appealing to my eyes.
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 Posted 08/03/2021  2:37 pm  Show Profile   Bookmark this reply Add shadowtrooper78 to your friends list
I always liked this particular coin when looking at top pop 1893-S Morgans. https://www.PCGS.com/cert/13663977 Thought it had the best eye appeal of the top 10
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 Posted 08/03/2021  5:08 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list

Quote:
Toning does not ever affect a Technical grade only the eye appeal of the coin .

Agreed, and the "damage" to the eye appeal reduces the market grade. But supposedly the top TPG's market grade. So if they believe this coin has a market grade of 67, they must think it has a technical grade of what 70?
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 Posted 08/03/2021  5:23 pm  Show Profile   Bookmark this reply Add jbuck to your friends list

Quote:
But supposedly the top TPG's market grade.
This may be incorrect, but it has been my understanding that PCGS tends to emphasize technical, whereas the others will bump up for exceptional eye appeal. (Time for me to do some previous topic searching.)
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 Posted 08/03/2021  7:28 pm  Show Profile   Bookmark this reply Add westcoin to your friends list
Jack Lee R.I.P.

What a couple of Morgan dollar sets he assembled over the decades.

1893-S-Morgan-Dollar-PCGS-MS-67-Auction
"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013!
ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector.

See my want page: http://goccf.com/t/140440
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 Posted 08/03/2021  7:31 pm  Show Profile   Bookmark this reply Add fenton to your friends list
Conservation is a technique to preserve coins with environmental damage. This coin has no such damage. It is simply toned, and that probably adds value and justifies the grade since the surfaces are original. Dip it, and kiss that MS-67 goodbye. You'd now have an MS-65 example if the graders don't bag it which might happen since this is a known coin and the cleaning could not be disguised. Toning can't be removed without some level of surface impact.
Edited by fenton
08/03/2021 7:32 pm
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 Posted 08/11/2021  8:46 pm  Show Profile   Bookmark this reply Add hadleydog to your friends list

If memory serves me correct, there were 2 PCGS MS-67 coins...... the Vermeule MS67 (the one in the OP) and the Norweb coin.
The Norweb coin was cracked from a PCGS ms-67 holder, and conserved by NCS (trying to get it in a 68 holder). The conservation removed the toning, but left the coin with a chalky grey color. It was dropped to an NGC 66, and I believe that NGC purchased it back shortly thereafter. Ouch.
Fan of the toning or not, at least it supports the originality of these pieces and makes them easily recognizable.


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Canada
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 Posted 08/12/2021  11:07 pm  Show Profile   Bookmark this reply Add whatdowehavehere to your friends list
The images are scanned; it has a LOT of *pop*. Plus, it has never been dipped. For a '93-S in Unc-that's a Rarity in itself
Edited by whatdowehavehere
08/12/2021 11:13 pm
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