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Grade This 1878 Carson City Morgan

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 Posted 09/04/2012  2:35 pm  Show Profile   Bookmark this reply Add Captain Morgan to your friends list
From what I can make out my guess is you have a MS-64 coin.
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 Posted 09/04/2012  3:06 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list
From what I see, this is probably a high-end 63 with a pretty good shot at 64. Maybe a few bucks more than I might have paid, but certainly in the category of "hold it for a few years, and prices will come to you" as these are pretty liquid in the market. Nobody ripped you off.

If you're planning on keeping it, sit back and be satisfied. Whatever anyone's opinion of the numerical grade is, we'll all agree it's a nice one.

By the way, it's VAM-14A, I think.

http://www.vamworld.com/1878-CC+VAM-14A
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 Posted 09/04/2012  3:19 pm  Show Profile   Bookmark this reply Add Fleurcoin to your friends list
@ superdave.. Thanks for your advice. I plan on getting it graded to add to my carson city collection. I plan on keeping it another words. Thanks!
Edited by Fleurcoin
09/04/2012 3:21 pm
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 Posted 09/04/2012  3:44 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list
No disagreement with your proposed course, but if it comes back 63 you'll be in the hole for the additional cost of grading. Me? I'd risk it. PCGS, right?
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 Posted 09/04/2012  3:54 pm  Show Profile   Bookmark this reply Add Fleurcoin to your friends list
No, NGC. I have a membership with them. I actually enjoy sending off coins cause of the excitement of not knowing. But I also know that MS 63 1878 cc morgans are selling around 360 on ebay easily. I dont take huge risk when I pay for raw coins but I feel confident this one will come back at least a 63. I plan on getting them to grade at the Houston Money Show in November. If it comes back a 63 its cool. It may come back a 64 or 65 maybe. 65 is wishful thinking. $1500
Edited by Fleurcoin
09/04/2012 4:01 pm
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 Posted 09/04/2012  4:04 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list
NGC will do, especially if you're already a member. You may be new, but you've done your homework.
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 Posted 09/04/2012  4:17 pm  Show Profile   Bookmark this reply Add Fleurcoin to your friends list
Also Dave.. How rare is this VAM 14A. I see there are no reports of any graded with this..
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 Posted 09/04/2012  4:27 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list

Quote:
I see there are no reports of any graded with this..


Not rare. You see no reports because demand doesn't warrant a premium. I only attributed it because I'm pedantic that way.
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 Posted 09/04/2012  6:11 pm  Show Profile   Bookmark this reply Add D0ubl3Eagle to your friends list
Pictures are a bit small but it does appear to be at least a MS-63 with a shot at a MS-64.
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 Posted 09/04/2012  8:36 pm  Show Profile   Bookmark this reply Add southsav to your friends list
with the 63 also, chin and neck marks are distracting to my eye.

I love the 78 CC as it was my first CC picked in the raw that I had NGC grade also.

Let us know how it comes back after the Nov show.

Nice pick
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 Posted 09/04/2012  8:51 pm  Show Profile   Bookmark this reply Add Fleurcoin to your friends list
@southsav. What did yours come back as?
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 Posted 09/04/2012  8:55 pm  Show Profile   Bookmark this reply Add Gothic Florin to your friends list
Nice coin - but I don't think it will go 65
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 Posted 09/05/2012  3:27 pm  Show Profile   Bookmark this reply Add southsav to your friends list

These were taken when I was still tweaking my photo skills. School's never out is it!


Grade-This-1878-Carson-City-Morgan

Grade-This-1878-Carson-City-Morgan

Grade-This-1878-Carson-City-Morgan
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 Posted 09/05/2012  7:45 pm  Show Profile   Bookmark this reply Add fenton to your friends list
Tough to tell from the photos but MS-63 sounds about right
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 Posted 09/06/2012  08:34 am  Show Profile   Bookmark this reply Add Fleurcoin to your friends list
I will take a MS 63. To me that is an excellent grade for a Carson City. Common, but I think they will go up in value sooner rather than later. By the way thats a real nice 63. I would give it a 64. But thats just my opinion.
Edited by Fleurcoin
09/06/2012 08:35 am
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