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1892-O Morgan

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 Posted 06/22/2006  09:33 am Show Profile   Bookmark this topic Add TLS5933 to your friends list Get a Link to this Message Number of Subscribers

1892-O-Morgan

1892-O-Morgan
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 Posted 07/03/2006  9:03 pm  Show Profile   Bookmark this reply Add Susanlynn9 to your friends list Get a Link to this Reply
It is very difficult to grade coins through mylar holders because it is not possible what marks are on the mylar and which ones are on the coin. This one looks like it has the potential for an MS63 grade. It may go higher. The area above the ear shows the normal soft strike for the New Orleans coin and the breast feathers look good. It also looks like it may have a proof-like reverse.
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 Posted 07/03/2006  9:47 pm  Show Profile   Bookmark this reply Add TLS5933 to your friends list Get a Link to this Reply
Thanks Susan,
I actually bought this one for my date set so I will take another picture and see what you think.
Terry
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 Posted 07/04/2006  09:28 am  Show Profile   Bookmark this reply Add Susanlynn9 to your friends list Get a Link to this Reply
Thanks. I'll be watching for it.
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 Posted 07/05/2006  3:59 pm  Show Profile   Bookmark this reply Add ziggy29 to your friends list Get a Link to this Reply
That is one HECK of a strike for a '92-O Morgan. The detail above the ear, while a bit mushy, is still far superior to almost all '92-O Morgans I've ever seen. This coin also has good detail on the breastfeathers; many mint state '92-Os have little or no detail there.

Susan is right about the "usual" weak O-mint strikes, particularly in from the late 1880s through the late 1890s. Of all these weakly struck dates, the 1892-O Morgan is arguably THE worst struck date in the entire series on average. I've seen plenty of '92-O Morgans and this is probably in the 98th percentile or better in terms of strike. That alone will make it worth a premium above and beyond whatever technical grade is assigned to it.

I used to own a '92-O with a great strike (by the standards of this date), and even that didn't seem to be quite as good a strike as this one. You have a keeper here. A lot of Morgan specialists would love to have a '92-O with this much detail in the centers.
Edited by ziggy29
07/05/2006 4:02 pm
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 Posted 07/05/2006  4:12 pm  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply
I have to agree that the strike is much much nicer than alot I have seen, I dont even try to grade the New Orleans coins for that reason, they can be mint state and look like they are circulated especially around the ear and breast feathers but yours looks like a 64 to me but you know how my grading is so you can take that with a grain of salt
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 Posted 07/05/2006  4:26 pm  Show Profile   Bookmark this reply Add TLS5933 to your friends list Get a Link to this Reply
Here it is in the date book. I removed the plastic protectors so you can see it better.


1892-O-Morgan

1892-O-Morgan
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 Posted 07/05/2006  5:29 pm  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply
heck I think it looks better now then it did in the first picture, it may go a little higher than 64 but again the grading thing
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 Posted 07/05/2006  6:42 pm  Show Profile   Bookmark this reply Add TLS5933 to your friends list Get a Link to this Reply
quote:
Originally posted by ziggy29

That is one HECK of a strike for a '92-O Morgan. The detail above the ear, while a bit mushy, is still far superior to almost all '92-O Morgans I've ever seen. This coin also has good detail on the breastfeathers; many mint state '92-Os have little or no detail there.

Susan is right about the "usual" weak O-mint strikes, particularly in from the late 1880s through the late 1890s. Of all these weakly struck dates, the 1892-O Morgan is arguably THE worst struck date in the entire series on average. I've seen plenty of '92-O Morgans and this is probably in the 98th percentile or better in terms of strike. That alone will make it worth a premium above and beyond whatever technical grade is assigned to it.

I used to own a '92-O with a great strike (by the standards of this date), and even that didn't seem to be quite as good a strike as this one. You have a keeper here. A lot of Morgan specialists would love to have a '92-O with this much detail in the centers.


Thanks ziggy,
I know the 92-O has one of the weakest strikes of all the Morgan dollars. I got lucky with this one,it was one of my better finds.

Bryan, I'm not sure about a MS64 grade but I think at least a strong 63.
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 Posted 07/05/2006  6:47 pm  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply
like I have said many many times my grading stinks so I wouldn't be suprised if it was a 62 because I either highly overgrade them or grossly undergrade them. Which is why I always buy slabbed coins so atleast I know someone with merit agreed on the grade given
Edited by Bryan1315
07/05/2006 6:49 pm
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 Posted 07/05/2006  6:57 pm  Show Profile   Bookmark this reply Add TLS5933 to your friends list Get a Link to this Reply
Well, I'm certainly far from being expert grader.Thats why I posted the pictures here so the more expereinced could give me a better idea. I have been buying more of the graded coins myself,you might pay a little more but at least you know what you have.This one was good enough for my date book though.
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 Posted 07/05/2006  7:05 pm  Show Profile   Bookmark this reply Add ziggy29 to your friends list Get a Link to this Reply
quote:
Originally posted by TLS5933Bryan, I'm not sure about a MS64 grade but I think at least a strong 63.
It certainly looks like a strong 63 if not a 64. The jump in value from 63 to 64 is pretty high, but even if this coin isn't a full 64, being a choice 63 together with the strike should make it worth pretty near 64 money, IMO.
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 Posted 07/05/2006  8:35 pm  Show Profile   Bookmark this reply Add Susanlynn9 to your friends list Get a Link to this Reply
I agree with Ziggy. Strong 63 to 64. Very nice coin.

By the way, it's good see you here again, Ziggy.
Rest in Peace
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 Posted 07/06/2006  10:44 pm  Show Profile   Bookmark this reply Add Morgan Fred to your friends list Get a Link to this Reply
I don't like to rain on peoples' parades particularly, but the parallel "shadow" beneath Liberty's chin, in front of her face, in back of her hair, and around some of the stars looks a little suspicious to me, like it had been rubbed with a cloth on the field on the obverse. As always, it's tough to determine a subtlety such as this from an image, but the fact that the shadows shows up in both image sets tells me this Morgan needs to be looked at more closely.

If it's just a function of the imaging, then MS-62 or MS-63. The blotch on Liberty's jaw (condyle process, anatomically) will keep it down although, as mentioned before, the 92-O is known for exceptionally poor strikes (with a few exceptions per Bowers) and a TPG might grade it higher as an exceptional strike.

In any instance, it is certainly worth submitting to a TPG for definitive grading and condition. For the sake of the coin's long term preservation, it should be encapsulated.

Fred
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 Posted 07/07/2006  06:17 am  Show Profile   Bookmark this reply Add TLS5933 to your friends list Get a Link to this Reply
Fred,
A little rains no problem. Actually, I was wondering about that area to the left of the face also and was hopeing someone would comment on it. It seems to be 99% in just that area and nothing on the reverse. I'm not really sure what happened there. If it was some sort of cleaning,then why in just that area and no where else. I was debating on if it was worth sending in to be graded but if that areas an issue then it would be a waste of time.
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