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1899 Morgan $ 1 - Grade And Valuation Request

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mdpmedia's Avatar
United States
3546 Posts
 Posted 08/17/2012  10:45 pm Show Profile   Bookmark this topic Add mdpmedia to your friends list Get a Link to this Message Number of Subscribers
Hello,

Please give me your opinions insofar as the grade and what the retail price of this coin should be using ebay and Proxy-bid, for example, as comparative example sites of completed listings.

I used a scanner to produce the attached images so the pin wheel luster of this coin is not so apparent.

If the grade of this coin is determined to exceed a MS 60, for example, I will take some photos of the coin and re-post them using something other than a scanner to illustrate the patina and luster.

I picked this coin up at a yard sale today for $ 101.

Thanks,
mdpmedia

1899-Morgan-$-1---Grade-And-Valuation-Request

1899-Morgan-$-1---Grade-And-Valuation-Request
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fenton's Avatar
United States
4989 Posts
 Posted 08/17/2012  11:06 pm  Show Profile   Bookmark this reply Add fenton to your friends list Get a Link to this Reply
Tough to tell from scans but I would say this is at least AU-55
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D0ubl3Eagle's Avatar
United States
5854 Posts
 Posted 08/17/2012  11:32 pm  Show Profile   Bookmark this reply Add D0ubl3Eagle to your friends list Get a Link to this Reply
I am going to go with AU-58. It might be the scans but the face appears a bit darker and less lustrous than other parts of the coin like the fields. Fantastic buy for just $101!
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IndianGoldEagle's Avatar
United States
36906 Posts
 Posted 08/18/2012  12:00 am  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
AU-55 with a retail value of around $250.
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Gothic Florin's Avatar
United States
2541 Posts
 Posted 08/18/2012  08:18 am  Show Profile   Bookmark this reply Add Gothic Florin to your friends list Get a Link to this Reply
AU 55
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chris12018's Avatar
United States
2130 Posts
 Posted 08/18/2012  10:27 am  Show Profile   Bookmark this reply Add chris12018 to your friends list Get a Link to this Reply
Nice looking piece. AU53 maybe higher. But, scans don't help when grading. Pics would be better.
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Captain Morgan's Avatar
United States
620 Posts
 Posted 08/18/2012  10:54 am  Show Profile   Bookmark this reply Add Captain Morgan to your friends list Get a Link to this Reply
Looks to be AU maybe AU58, Hard to see the details
on the reverse side.
Great looking Morgan dollar a fine addition to any collection.
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dave700x's Avatar
United States
10625 Posts
 Posted 08/18/2012  4:40 pm  Show Profile   Bookmark this reply Add dave700x to your friends list Get a Link to this Reply
I think the reverse is AU58 minimum but the obverse seems to drag this down as there appears to be several distracting contact marks on the chin, cheek and eyebrow. I would guess this nets out at AU50/AU53 maybe.
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david29's Avatar
United States
432 Posts
 Posted 08/18/2012  4:51 pm  Show Profile   Bookmark this reply Add david29 to your friends list Get a Link to this Reply
I agree with AU55, the reverse looks nice but I think the obverse marks hold it back.
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aladinslamp's Avatar
United States
3076 Posts
 Posted 08/19/2012  01:50 am  Show Profile   Bookmark this reply Add aladinslamp to your friends list Get a Link to this Reply
coin grading is tough, and unfair.....we all see the coin grading schemes that present what a coin should be like reguardless of the year and mint mark... But in the hands of grading experts, TPG's....they evaluate the coin by there experience of the coins that come to them as a whole....
\ first and foremost is the OBV looks, it out weights the Reverse condition....my meaning is if the reverse should be perfect, and the OBV have dings, the REV would carry little
weigth in its over all grade.... However, when one looks at an AU coin, there is significant wear or dings that can or can not get away with a favorable grading....
your coin falls into this catagory,
its the OBV that has the dings, and being not UNC in its OBV condition, the dings degrade it, yet, in its AU overall condition the REV is the coins strength , yet the OBV is the coins money factor....for $100 you can't loose.....G
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murty's Avatar
United States
1353 Posts
 Posted 08/20/2012  3:50 pm  Show Profile   Bookmark this reply Add murty to your friends list Get a Link to this Reply
Excellent purchase. Au-55. The reverse is somewhat stronger then the obverse,otherwise a very nice coin.
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oih82w8's Avatar
United States
7840 Posts
 Posted 08/20/2012  4:08 pm  Show Profile   Bookmark this reply Add oih82w8 to your friends list Get a Link to this Reply
It looks too white, as in cleaned, but it may be the scanner.
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