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Morgans From Coin Shop

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 Posted 08/16/2014  12:22 am  Show Profile   Bookmark this reply Add Darth Morgan to your friends list
The NGC price guide has the 1880-S MS66 at $355, but I'm surprised they gave it a 66 with all the scuffs on the face. It looks like a 64 to me.
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 Posted 08/16/2014  12:26 am  Show Profile   Bookmark this reply Add Jon Brand to your friends list
It also seems to be a DMPL in person. I was wondering about that too. If I sent it to pcgs and they called it a 64dmpl would it be worth more or less?

This coin is VERY striking in person. It was brighter and stood out catching me eye above all the others in the store. It has that cameo thing with very reflective mirrors. Dont let the scuffs fool you. This thing shines like crazy and I guarentee you'll like it more in hand.

Still confused about the grade though...should I send to pcgs?
Edited by Jon Brand
08/16/2014 12:28 am
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 Posted 08/16/2014  01:39 am  Show Profile   Bookmark this reply Add chasingtailbar to your friends list
That '81-S is fine. The 1880-S looks overgraded now that I'm seeing pics on my laptop, looks a 65 at best. It got a * because, I'm guessing, the reverse doesn't meet PL specifications but the obverse does. Relatively common on '80-S's.
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 Posted 08/16/2014  01:53 am  Show Profile   Bookmark this reply Add johntookit to your friends list

Quote:
That '81-S is fine. The 1880-S looks overgraded now that I'm seeing pics on my laptop, looks a 65 at best. It got a * because, I'm guessing, the reverse doesn't meet PL specifications but the obverse does. Relatively common on '80-S's.

and some coins just looks better in hand than the picture.
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 Posted 08/16/2014  03:22 am  Show Profile   Bookmark this reply Add Pittstate03 to your friends list
I think it was a good purchase. The 81s is very nice for a 64 and the star on the 80s is worth $35 over bid probably any day. So, what you paid is not that far off. Good stuff.
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 Posted 08/16/2014  06:47 am  Show Profile   Bookmark this reply Add tpg22 to your friends list
If you like the coins in hand then it doesn't really matter what others say by looking at photos. It is hard to get any good looking slabbed MS64 for under $70. If yours looks great in hand what is the big deal paying $80. It's about the coin not the slab.

If the 66* is graded that by NGC I doubt they are off by 2 full grades. Your comments are how nice it is in hand so enjoy it. If people think it is a 64 they will think you over paid no matter what. I don't think I would send it back to be regraded. It is a beautiful coin and I would have paid what you did without a question.
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 Posted 08/16/2014  06:56 am  Show Profile   Bookmark this reply Add John1 to your friends list
Hi Jon,
Over all you did good on those buys. I know the 81-S is common even in high grades but I am not a Morgan guy so I don't know much about them. FYI: Your photos look real good considering they are from a phone but it took a long time to load on my PC.Maybe you could crop them before posting?
John1
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 Posted 08/16/2014  07:56 am  Show Profile   Bookmark this reply Add Ant76 to your friends list
The 80 is beautiful. I would have passed on the 81 because of the edge toning. Unless you like that. Its such a common year, you could find a blast white one for the same money. If you like them and are happy is all that matters. Its cool to get opinions but dont doubt yourself if someone dosent agree with u. They are your coins. Nice additions to your collection.
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 Posted 08/16/2014  09:38 am  Show Profile   Bookmark this reply Add SsuperDdave to your friends list
I think they're both dynamite coins, and nicely bought. The 64 is a small fish in a huge sea of high-end 1881-S's, but it stands out as a strong 64 technically while boasting the little slivers of color on both faces that would make it the target coin in an auction competing against many similar. This one's quite liquid, thank you, and liquidity ought to be an attribute leveraged whenever possible when shopping for a coin, especially one which has plenty of competition at the grade.

The 1880-S is deceptive, and a clear victim of the harsh nature of digital photography. A nice frosty Morgan with luster breaks in the frost looks, under a digital sensor, just like a Morgan which fought the Mint bag equivalent of a hundred bar fights. I'm willing to bet that the most sensitive-possible laser measuring equipment would barely be able to measure a depth on the "marks" on the cheek - they could be bare molecules thick and look just as visible as a gouge to the camera.

And the fields are spectacular. You have to hold one of these to understand how skritches on the fields just visually disappear when you look at it in-hand. The power of the Prooflike luster washes away marks, and the very high contrast between those marks and the surrounding mirror-flat fields overemphasizes field chatter as well when under a digital sensor.

Again, a pretty liquid coin. 1880-S in 66 is a reachable grade for an average collector committed to Morgans - there are plenty in higher grades to tempt the deeper pockets, while any MS66 Morgan is still a spectacular coin. The star adds value even for someone buying the coin and not the slab - one look at those fields, microns from being Prooflike, and you know why the star is there. People will reach a bit beyond their budgets for this coin, but like the first it'd have to be presented carefully to realize maximum resale value. These would sell themselves in-hand a lot faster than they would in an online auction.

And oh, heck yes, I'd have either of them in my collection in an instant.
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 Posted 08/16/2014  09:55 am  Show Profile   Bookmark this reply Add Domain555 to your friends list

Quote:
And oh, heck yes, I'd have either of them in my collection in an instant.




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 Posted 08/16/2014  2:25 pm  Show Profile   Bookmark this reply Add Darth Morgan to your friends list
Let me just add that I'm glad to see you buying more Morgans! They are truly spectacular coins, and I would have paid $380 for them with no problem.
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 Posted 08/16/2014  2:31 pm  Show Profile   Bookmark this reply Add ASEnut to your friends list
I agree darth morgan, awesome awesome coins
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 Posted 08/16/2014  10:47 pm  Show Profile   Bookmark this reply Add mailman28 to your friends list
Personally, I prefer the 81 myself but I think you did fine on the pair. I believe the 80 is probably awesome looking in person.
Edited by mailman28
08/16/2014 10:48 pm
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 Posted 08/17/2014  02:53 am  Show Profile   Bookmark this reply Add Jon Brand to your friends list
While its noted that some of those marks could just be the digital camera enhancing them, they are still there. But on the 1880 they aren't scratches. Just luster breaks. And a few spots on the fields that almost look like they could be cleaned but I wouldn't dare.. don't worry.

Yeah the 1881 really is nice. I haven't seen MS64 coins with such drastic shiny mirrors like this. Keep in mind I haven't been around too much looking at morgans in person so in my limited experience it looks great to me. Very reflective, unlike other morgans I have had or seen with a similar grade.

I am happy with the coins. I need to figure out how to get the best photos out of them. I would almost wish I had pro that I could send the 1880 to, to get an honest opinion on it in person. Oh well. =)
Edited by Jon Brand
08/17/2014 03:03 am
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 Posted 08/17/2014  04:54 am  Show Profile   Bookmark this reply Add Fuzzy317 to your friends list
Since you started a new thread: Better Pics of coin shop buys (the ms66 + 64 morgans)
I am locking this one.
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