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1896 O Morgan Dollar

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First Page  Showing last 15 replies.
Author Previous TopicReplies: 20 / Views: 3,662Next Topic Page 2 of 2
Pillar of the Community
Canada
5417 Posts
 Posted 09/09/2014  6:28 pm  Show Profile   Bookmark this reply Add zxcccxz to your friends list
I'm at AU-55 with a slightly worn obverse die.
Rest in Peace
United States
10625 Posts
 Posted 09/09/2014  7:17 pm  Show Profile   Bookmark this reply Add dave700x to your friends list
I would put it in the pile. It looks one that would be worth a shot. AU55/58 would even be a win depending on what you paid for it.
Pillar of the Community
United States
5854 Posts
 Posted 09/09/2014  11:53 pm  Show Profile   Bookmark this reply Add D0ubl3Eagle to your friends list
The coin overall has the look of a MS and could possibly grade around a 63 but if it does have any wear it doesn't look like it would grade AU-58. Tough call. Definitely worth getting it slabbed.
Bedrock of the Community
United States
11951 Posts
 Posted 09/10/2014  12:19 am  Show Profile   Bookmark this reply Add GR58 to your friends list
What are opinions ... That a TPG ... like NGC, would they grade it different because of the higher value
this coin would have if it hit a MS grade?
Pillar of the Community
United States
5854 Posts
 Posted 09/10/2014  01:35 am  Show Profile   Bookmark this reply Add D0ubl3Eagle to your friends list
In MS, expect the TPG's to grade it a little tougher than common date morgans. They want reduce the likelihood of having to honor their guarantee if it someday submitted for a grade review.

I would send it to PCGS if I thought it has a good shot at grading 63 or better and if it is something that I would consider selling/trading in the future. Based on Heritage's archives, the difference between NGC and PCGS can be a few thousand dollars. Below about 61, they seem to sell for roughly the same. Keep us updated if you decide to submit because this has potential.
Edited by D0ubl3Eagle
09/10/2014 01:44 am
Pillar of the Community
United States
7641 Posts
 Posted 09/11/2014  06:38 am  Show Profile   Bookmark this reply Add westernsky to your friends list
I like the coin and think it is MS. The carbon spot gives it character and a unique marker. I also like the neat "lightning" die break running through "United". It has some scattered toning, too, which is appealing.

Definitely send it in for TPG. I think you will come out way ahead in the long run. Down side risk is minimal.
Pillar of the Community
United States
8137 Posts
 Posted 09/11/2014  07:38 am  Show Profile   Bookmark this reply Add CoinCollector2012 to your friends list
I think this one is a slider.
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United States
23522 Posts
 Posted 09/11/2014  11:53 am  Show Profile   Bookmark this reply Add SsuperDdave to your friends list
I couldn't in good faith come down on the side of Uncirculated for this one. Especially when that simple distinction instantly triples the value of the coin. It would require a set of huge images to try it from photography alone, for a Conditional Rarity like this issue.
Pillar of the Community
United States
7641 Posts
 Posted 10/09/2014  12:15 am  Show Profile   Bookmark this reply Add westernsky to your friends list
Any TPG update on the 96-O?
Bedrock of the Community
United States
11951 Posts
 Posted 10/09/2014  08:30 am  Show Profile   Bookmark this reply Add GR58 to your friends list
No sorry .. I a very slow ... Even have the cupon for five submission

Need to really get some coins sent in
Pillar of the Community
United States
7641 Posts
 Posted 10/09/2014  09:54 am  Show Profile   Bookmark this reply Add westernsky to your friends list
I understand. Been there, done that! I just got around to sending off 10 Buffalos for the Fall ANACS Special they are running.

I'll ask about the 96-O again in a couple of months. I still think it's a very nice coin.
Pillar of the Community
United States
7641 Posts
 Posted 12/25/2014  6:53 pm  Show Profile   Bookmark this reply Add westernsky to your friends list
Did you ever get this potential jewel off for TPG'g?
Bedrock of the Community
United States
11951 Posts
 Posted 12/25/2014  10:14 pm  Show Profile   Bookmark this reply Add GR58 to your friends list
No ... I keep putting sending coins in to NGC .. to the side.

I have to move that to the top of my list ..

I have the NGC coupon for 5 free submission .. really need
to use it before the year runs out.
Pillar of the Community
United States
7641 Posts
 Posted 12/26/2014  12:28 pm  Show Profile   Bookmark this reply Add westernsky to your friends list
Thanks and I understand.

People do not realize how tough that coin is in "unc" until they try to find one.

Will inquire again in a few months.
Pillar of the Community
United States
1208 Posts
 Posted 12/26/2014  3:42 pm  Show Profile   Bookmark this reply Add ratio411 to your friends list
I see an AU coin, but I am no expert. I've been wrong plenty of times.

When I look at the pic though, I also see fields and devices which have
the same 'tone', or look to them. I was taught that when the devices and
fields have the same surface appearance, the coin has been cleaned.

When the coin is 'in hand', does it look monotone like the pic, or can
you see different surfaces?
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