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I Have Some Marks On My Morgan.

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dmilkman207's Avatar
United States
15 Posts
 Posted 10/30/2012  9:18 pm Show Profile   Bookmark this topic Add dmilkman207 to your friends list Get a Link to this Message Number of Subscribers
Just curious how marks and discolorations affect the grade of coin? I know stamps that have faults the prices can be severely impacted. This coin has a brilliant shine and other than the diagonal mark on front and little discolored spots on back it is in real good shape. Any opinions appreciated.

I-Have-Some-Marks-On-My-Morgan.

I-Have-Some-Marks-On-My-Morgan.
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Dave H's Avatar
United States
1436 Posts
 Posted 10/30/2012  9:56 pm  Show Profile   Bookmark this reply Add Dave H to your friends list Get a Link to this Reply
The coin grade can be seriously affected depending on the severity of the discoloration and/or marks
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Buddy's Avatar
United States
7075 Posts
 Posted 10/30/2012  10:09 pm  Show Profile   Bookmark this reply Add Buddy to your friends list Get a Link to this Reply
Flawless coins get the top grade. Every little nick or scratch knocks the grade down.

Your Morgan is still in good shape but would not receive a top grade.

That being said, one of the fun things about Morgan dollars is identifying the die variety.

Check out the thread on VAMs or a website that lists VAMx.
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dmilkman207's Avatar
United States
15 Posts
 Posted 10/31/2012  06:52 am  Show Profile   Bookmark this reply Add dmilkman207 to your friends list Get a Link to this Reply
Thanks, I did check out that VAM thread briefly, I need to go back when I have more time, interesting stuff. I think if a collector wanted to focus on just one coin, Morgans are an excellent choice. I want to get more.
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fenton's Avatar
United States
4989 Posts
 Posted 11/01/2012  11:44 am  Show Profile   Bookmark this reply Add fenton to your friends list Get a Link to this Reply
This coin appears to be AU-55 or so. If those marks are due to a cleaning (i.e. partial dip), they may affect the coin value substantially. If not, it would still be an AU example but might sell at the lower range of AU prices. If, for example, the coin normally retails for $45 in AU-55 one that has a few carbon spots may sell for a buck or two less.
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Piffin's Avatar
United States
299 Posts
 Posted 11/01/2012  7:08 pm  Show Profile   Bookmark this reply Add Piffin to your friends list Get a Link to this Reply
54 or 55 on that coin.Hard to tell,but may be cleaned?
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dmilkman207's Avatar
United States
15 Posts
 Posted 11/02/2012  4:51 pm  Show Profile   Bookmark this reply Add dmilkman207 to your friends list Get a Link to this Reply
Thanks I had a feeling those may be marks from cleaning.
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Bryan1315's Avatar
United States
14454 Posts
 Posted 11/03/2012  3:16 pm  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply
I think the coin is in close to XF-45 condition and the brown mark on the cheek (I am guessing that is what you are referring to) will not really effect the value of a coin in this condition. If its a foreign material that made the marks Acetone may remove it and it will do no harm to a silver coin like this
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dmilkman207's Avatar
United States
15 Posts
 Posted 11/06/2012  05:54 am  Show Profile   Bookmark this reply Add dmilkman207 to your friends list Get a Link to this Reply
Thanks I will try some. I just started collecting, I have lot to learn. I am learning quickly I like mint uncirculated coins. I have another about one like this one, maybe I will see if I can sell them and get one MS beauty.
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philadelphian's Avatar
United States
3253 Posts
 Posted 11/06/2012  07:35 am  Show Profile   Bookmark this reply Add philadelphian to your friends list Get a Link to this Reply
I've heard prolonged contact with a rubber band can cause a black stripe like the one visible on this obverse. Anyone familiar with that finding?
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D0ubl3Eagle's Avatar
United States
5854 Posts
 Posted 11/06/2012  11:26 am  Show Profile   Bookmark this reply Add D0ubl3Eagle to your friends list Get a Link to this Reply
I am very familiar with that finding. I accidentally left a rubber band on this dime and forgot about it for a while.
I-Have-Some-Marks-On-My-Morgan.

Back to the OP's coin. Unless it is just the picture, the luster looks very washed out. The diagonal mark could be from a rubber band. In this grade, I don't think the discoloration will affect the value all that much because the majority of the value is determined by the price of silver. I think the details are around a low AU.

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Jaobler's Avatar
United States
6396 Posts
 Posted 11/06/2012  7:17 pm  Show Profile   Bookmark this reply Add Jaobler to your friends list Get a Link to this Reply
I'd say EF-45 or maybe AU-50 details for this coin. The contact marks are mostly minor but there are quite a few of them. That makes the coin less desirable than a different example with similar wear but fewer marks.

Surfaces don't look original. If as the OP reports the coin has a brilliant shine I'd expect it has been heavily dipped if not polished.
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52Raymo's Avatar
United States
8521 Posts
 Posted 11/06/2012  7:24 pm  Show Profile   Check 52Raymo's eBay Listings Bookmark this reply Add 52Raymo to your friends list Get a Link to this Reply
Rubber bands kill ....



I-Have-Some-Marks-On-My-Morgan.
Oregon coin geek.....*** GO BEAVS ! ! ! ***
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