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Replies: 16 / Views: 2,494 |
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Rest in Peace
United States
10625 Posts |
It appears slightly over-graded from that photo. I would call it MS61 possibly 62 max based on the obverse.
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Pillar of the Community
Canada
5417 Posts |
I agree with dave, a fair bit of bag marks here, probably 61 or 62. You can't trust anyone but the top 4 TPG's (to be honest it's top 3, ICG isn't trustworthy IMO).
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Moderator
 United States
23522 Posts |
That's not what you'd exactly call a "reputable" company. They went Chapter 7 in 1991, leaving a bunch of customers in the lurch. They were one of those "overprice, overvalue, overgrade and hard sell" ripoff artists. Some of the marks I see leave me wondering if it's get a righteous grade at all from a real TPG, and if it did I don't think the number would reach as high as 63.
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Pillar of the Community
Canada
4944 Posts |
Definitely not a reputable TPG, and like the others have said, the coin looks overgraded from the pictures.
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Moderator
 United States
16679 Posts |
Can you provide a reverse pic? Any so called grading company that includes the word bullion in their company name, is a red flag for anything other than inaccurate grading.
swcoin.ecrater.com
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New Member
 United States
11 Posts |
Thank for all the info. I payed $20.00 each coin so I think I did OK. Thank Mike
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Pillar of the Community
Canada
4944 Posts |
Generally for $20, you can't go wrong with a MS Morgan.
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Moderator
 United States
23522 Posts |
Quote: Thank for all the info. I payed $20.00 each coin so I think I did OK. Who cares what it grades for $20? 
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New Member
 United States
11 Posts |
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Rest in Peace
United States
10625 Posts |
The reverse looks really nice. I'll hold at MS61/62 limited by the obverse. Nice buy for $20 Mike. 
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Pillar of the Community
United States
5854 Posts |
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Pillar of the Community
United States
3755 Posts |
Great deal. And that reverse is like looking at the hot red head on the arm of the (obverse) ugly gnome of a guy.
Edited by smokeriderdon 09/22/2014 11:01 pm
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Valued Member
United States
386 Posts |
Almost thought you might have had a VAM 1B, but the mark on your pic where the E looks too far to the left and I don't see the crack across the date. 1887 P is a nice year to check for VAM's.
Edited by sjh241 09/22/2014 11:51 pm
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Pillar of the Community
United States
4846 Posts |
I'd buy MS morgans for $20 all day long, great buys man!
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Pillar of the Community
United States
9796 Posts |
Quote:1887 P is a nice year to check for VAM's.  There are quite a few nice VAMs to look for, the VAM 12 doubled eye lid is pretty common, but none the less cool. There is the overdate, the double date, the clashed and E on reverse. Some of these can be nice premiums. The coin isn't too far off a MS63 grade I think. Probably a MS62 by todays stricter market standards from a top tier TPG. Here is the link to get you started on the VAM variety if you are so inclined to do so. http://www.vamworld.com/1887-P+VAMs
"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013! ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector. See my want page: http://goccf.com/t/140440
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