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Toned 1885 O Morgan For Grading #3

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Bedrock of the Community
United States
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 Posted 12/15/2016  10:47 am  Show Profile   Bookmark this reply Add numismatic student to your friends list
I would think that the large number of bagmarks on liberty's head and the obverse field would preclude AU58. Looks AU50 or 53 + or CAC for eye appeal due to the impressive toning. But for the toning, it would not be an attractive coin. Definitely marketable due to color though.
IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS
THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: "It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat."
My coin website:https://fairfaxcoins.com
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United States
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 Posted 12/15/2016  11:05 am  Show Profile   Bookmark this reply Add WheatBack to your friends list
55/58
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United States
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 Posted 12/15/2016  11:24 am  Show Profile   Bookmark this reply Add TypeCoin971793 to your friends list

Quote:
I would think that the large number of bagmarks on liberty's head and the obverse field would preclude AU58. Looks AU50 or 53 + or CAC for eye appeal due to the impressive toning. But for the toning, it would not be an attractive coin. Definitely marketable due to color though.


That is not how AU grades work. They are based on the amount of remaining luster and the level of wear present on the high points. This coin has 99% luster, with very little, but obvious, wear on the high points. My pictures wash out the luster a bit, so that may be confusing. Though there are bagmarks in the areas you mention, the mottled nature of the toning created the illusion that there are more bagmarks than there actually are. I just looked under a 10x loupe.

Without the wear, it would look like an MS-61/62 coin. MS-60-62 Morgans are always heavily bagmarked, so using that characteristic to determine AU or not is erroneous.

I'm not trying to be critical. I am trying to help you understand the AU grades. It took me many years to figure them out.
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 Posted 12/15/2016  12:12 pm  Show Profile   Bookmark this reply Add Dustin6 to your friends list
58 here
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 Posted 12/15/2016  1:41 pm  Show Profile   Check RK55's eBay Listings Bookmark this reply Add RK55 to your friends list
I am in the AU-58 Camp also.
Edited by RK55
12/15/2016 1:42 pm
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 Posted 12/15/2016  2:26 pm  Show Profile   Bookmark this reply Add numismatic student to your friends list
Thanks for sharing what you know with me. Great part of being here with you folks.
IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS
THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: "It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat."
My coin website:https://fairfaxcoins.com
Bedrock of the Community
United States
11917 Posts
 Posted 12/15/2016  2:51 pm  Show Profile   Bookmark this reply Add numismatic student to your friends list
On this particular coin, are the white breaks in the toning throughout the hair (particularly three lines above the eye) and in the wheat corn above the hair and liberty lettering, signs of wear? Tough to tell if those are wear or reflected light. Also some of the locks around the ear seem white at the high points. The eagle looks better in the reverse.
IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS
THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: "It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat."
My coin website:https://fairfaxcoins.com
Edited by numismatic student
12/15/2016 2:52 pm
Rest in Peace
United States
17900 Posts
 Posted 12/15/2016  4:17 pm  Show Profile   Bookmark this reply Add moxking to your friends list
Darned close to the MS mark. AU-58 with only the slightest rub.

I cannot understand why so many people think that bag marks change a circulated grade. Or toning. Or, in many cases, strike. That might be true for market grading, but it has nothing to do with technical grading in ANY circulated grade.
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 Posted 12/15/2016  4:36 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list
Most attractive.
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 Posted 12/15/2016  5:13 pm  Show Profile   Bookmark this reply Add fenton to your friends list
Slider - either AU-58 or MS-62
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 Posted 12/15/2016  8:24 pm  Show Profile   Bookmark this reply Add panzaldi to your friends list
i had it at AU55 more due to the chin, cheek and neck area.
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 Posted 12/15/2016  10:00 pm  Show Profile   Bookmark this reply Add Joseph7420 to your friends list
AU-55.
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 Posted 12/18/2016  12:14 am  Show Profile   Bookmark this reply Add TypeCoin971793 to your friends list
Bill Fivaz said MS-63.
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 Posted 12/19/2016  12:11 pm  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list
It looked MS to me also. The tone was from sitting in the bag for many years and the breaks in the tone were from the bag being moved before it was opened.
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 Posted 12/22/2016  9:24 pm  Show Profile   Bookmark this reply Add TypeCoin971793 to your friends list
Sold for $43 on ebay. I was hoping for more (about $50 after fees and shipping) because I thought the bidiots that pay $150 for a worn AT Morgan would bid it up.

I also made the mistake of adding free shipping (which I overlooked because it is my default).

That is LAST time I put a non-details coin up for auction. BIN forever onward for me!
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