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1887 Morgan Dollar - Grading Help Please

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paleoguy45's Avatar
United States
2936 Posts
 Posted 03/31/2010  10:49 am Show Profile   Bookmark this topic Add paleoguy45 to your friends list Get a Link to this Message Number of Subscribers
Hi All,

I'm new to the coin collecting hobby, but have jumped in with both feet. Could you help me get a ballpark grade for the 1887P Morgan I'm posting? It's a PL to me, but I know how that goes. I recently got it on ebay for a very reasonable cost and would like to confirm, if possible, that I made a great purchase.

Looking forward to being an active member here.

Charlie (paleoguy)

1887-Morgan-Dollar---Grading-Help-Please

1887-Morgan-Dollar---Grading-Help-Please

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Halfwitty's Avatar
United States
1523 Posts
 Posted 03/31/2010  10:55 am  Show Profile   Bookmark this reply Add Halfwitty to your friends list Get a Link to this Reply
Looks to be in great shape.MS63-64. I see some hits but no noticeable wear.
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echizento's Avatar
United States
23731 Posts
 Posted 03/31/2010  12:29 pm  Show Profile   Bookmark this reply Add echizento to your friends list Get a Link to this Reply
Nice looking coin, I'd say MS-64.
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AMFCook's Avatar
United States
312 Posts
 Posted 03/31/2010  1:00 pm  Show Profile   Bookmark this reply Add AMFCook to your friends list Get a Link to this Reply
That's a good MS-64, RedBook price $60.00. Might be worth sending to a grading service, like PCGS, or NGC.
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The return of Coincrazed's Avatar
United States
171 Posts
 Posted 03/31/2010  2:32 pm  Show Profile   Bookmark this reply Add The return of Coincrazed to your friends list Get a Link to this Reply
WELCOME!! According to The Official A.N.A. Grading Standards For United States coins, It's a Mint State-60 coin at best. There are to many bagmarks to call it a Mint State-63 much less a Mint State-65. - coincrazed
New Member
United States
22 Posts
 Posted 03/31/2010  7:01 pm  Show Profile   Bookmark this reply Add petcatchris to your friends list Get a Link to this Reply
Just a personal note: There is No Santa Claus in Numismatics. That said-grading Morgan dollars starts with the Cheek: any broken luster will automatically put it in the Almost Uncirculated grading spectrum, no matter what marks it has or doesn't have. It looks like it has tell-tale clues of being "rouged", which to the untrained eye will make it appear to be 'Proof-Like'. You'd need to post pics from several angles for anyone to form a proper opinion.
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wheatguy's Avatar
United States
1534 Posts
 Posted 03/31/2010  7:03 pm  Show Profile   Bookmark this reply Add wheatguy to your friends list Get a Link to this Reply
Most likely it has been cleaned, although I may be wrong.


Quote:
That's a good MS-64, RedBook price $60.00. Might be worth sending to a grading service, like PCGS, or NGC.


Definitely not a good candidate for a TPG. Value is most likely around $30-$40, depending on the possible cleaning.
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paleoguy45's Avatar
United States
2936 Posts
 Posted 03/31/2010  7:04 pm  Show Profile   Bookmark this reply Add paleoguy45 to your friends list Get a Link to this Reply
Great advice on the multiple angles. I'll take some more and post again tomorrow...
New Member
United States
22 Posts
 Posted 03/31/2010  7:07 pm  Show Profile   Bookmark this reply Add petcatchris to your friends list Get a Link to this Reply
ps: scans (and I've done thousands of them) are useless for determining a BU grade, as the scan breaks-down the color scheme and reorganizes it as it sees fit-which is usually not what you'd think it's be. Try scanning BU Gold coins to see this effect-the luster becomes totally different in the scan than it is in the hand.
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paleoguy45's Avatar
United States
2936 Posts
 Posted 04/06/2010  07:57 am  Show Profile   Bookmark this reply Add paleoguy45 to your friends list Get a Link to this Reply
Here's a belated additional shot of the coin. It has not been polished and really does have a great depth of reflection. I'm not very adept at depicting that, but this shot may give a little insight (so to speak).. I get at least 4 inches of ruler reflected clearly reflected.

1887-Morgan-Dollar---Grading-Help-Please
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johnny54321's Avatar
United States
4849 Posts
 Posted 04/06/2010  10:26 am  Show Profile   Bookmark this reply Add johnny54321 to your friends list Get a Link to this Reply
Welcome to the boards! I'm not sure whether or not it is the photo, but it looks polished to me. There should be a lot of luster on liberty's face at that grade level, and it looks rubbed clean. If it is just the photo and the coin is problem free, then I would agree with 63-64.
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aladinslamp's Avatar
United States
3076 Posts
 Posted 04/06/2010  11:33 am  Show Profile   Bookmark this reply Add aladinslamp to your friends list Get a Link to this Reply
MS62 PL clearly prooflike
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