1884-S Morgan Dollar Grading Skills Needed - First Coin I Sent To NGC - Page 3

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westernsky Pillar of the Community United States 7624 Posts	Posted 10/31/2020 11:26 pm You can argue the merits of this coin with NGC and there is a 99.99% chance they will still render the same opinion regarding the coin. If you are willing to spend more money then send it to PCGS and get their opinion. As I said earlier, lightly circulated 1884S dollars are not rare. On the other hand, true BU coins (MS60 and above) are tough to find. Just look at the Graysheet .... the price spread between AU and BU tells the story. I have always heard that bags and bags of BU 84-S Morgan's were issued and were allowed to circulate for a few weeks. For some reason those lightly circulated coins were then recalled, bagged back up and sent to the Treasury in Washington. They were then "found" during the great silver rush of the 1960's and found their way back to the collecting community. I do not know if that story is true but it almost makes sense considering the quantity of slabbed AU coins vs slabbed BU coins available on the market. It is an interesting coin and has been for over 60 years! Report this Post to the Staff
CapeCoralCoins New Member United States 28 Posts	Posted 11/01/2020 12:47 am Thx for your opinion. I got more questions: 1. Do you think it makes sense to send the coin to PCGS? Are they any different in their grading? 2. If it's polished, why does the label state cleaned? I saw NGC labels that said 'polished', if that is the case why don't they call it on my coin? Thx again, all your help keeps getting better at the specifics of how they grade coins! Report this Post to the Staff
westernsky Pillar of the Community United States 7624 Posts	Posted 11/01/2020 01:23 am The reason to give PCGS a shot at it is to get another set of eyes on it. They have not seen this coin, NGC has already seen it. Why waste money with a company that has already given you their opinion? If PCGS renders an opinion exact, or close, to what NGC graded it then you KNOW what you have. Good luck! Report this Post to the Staff
Hunter611 Valued Member United States 338 Posts	Posted 11/01/2020 08:37 am Report this Post to the Staff
panzaldi Bedrock of the Community United States 18684 Posts	Posted 11/01/2020 1:06 pm PCGS is going to be more critical than NGC. I cant see them coming up with any other grade Report this Post to the Staff
CapeCoralCoins New Member United States 28 Posts	Posted 11/01/2020 1:21 pm Okay so if nobody suggests to send it to PCGS then I'll probably stick to the NGC grade although I got mixed opinions altogether on the coin being Unc or AU. I definitely learned a lot already so Thx to the community, I'll definitely try to contribute as much as I can. One last thing: Does anyone suggest sending coins to ANACS (not this particular one, more in general)? I think they at least say 'AU58 details' for example instead of just saying AU details, do they!? As with coins that jump in price between let's say AU50 and Au58, would this be a good idea overall? Report this Post to the Staff
westernsky Pillar of the Community United States 7624 Posts	Posted 11/01/2020 2:22 pm I say send it to PCGS and get their opinion. The more opinions you have the better of a consensus you can develop. You also get a feel for grading and develop your own skills. As far as ANACS goes I think they will call it AU details, too. The 84-S dollars are strange birds in the AU to Unc grades in our world of coins. Many of them have have been cleaned and dipped to death. The grading companies are very careful when grading them and will not cut you some slack with borderline coins. It's been that way a long time. Report this Post to the Staff
Ty2020b Pillar of the Community United States 4680 Posts	Posted 11/01/2020 2:39 pm I think any of the 3 big TPG's will call this a one look Details coin. NGC- as stated, they've already seen it and will be more likely to get the same results. PCGS- agreed, they will probably be harsher on it, but you would have a slightly higher resale value for the simple fact it's in a PCGS slab. ANACS- recently, I've noticed they are equally tough on Morgans. I don't see them straight grading but it is nice that they will still assign the numerical grade before the Details designation. Resale is slightly less than the other two TPGs. If it comes back as AU-58 Details with ANACS, or Details in a PCGS, resale value is a wash. Personally, I wouldn't resub to NGC. I would try ANACS first out of curiosity on what they call it, and the cost to do so in minimal. Then PCGS, but I think we're all pretty confident in what PCGS would call this, based on the pics provided. My Two Cents. Edited by Ty2020b 11/01/2020 2:43 pm Report this Post to the Staff
JasonKflo Pillar of the Community United States 1694 Posts	Posted 11/01/2020 6:04 pm i was told by the VAM guys on VAM world if you really want to know what your Morgan grade is send to ANACS Report this Post to the Staff
CapeCoralCoins New Member United States 28 Posts	Posted 11/03/2020 07:50 am OKay so I will probably send it to ANACS and see what they say. I'll keep you guys updated! Report this Post to the Staff
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