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CCF Advertiser
United States
1533 Posts |
If the ding does not extend into the dentils, the TPGs will straight grade it. Further, adjustment marks were not used on silver planchets after 1807.
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Pillar of the Community
United States
6370 Posts |
Quote:
You really think it'd come back as Details? That's the thing I'm worried about! Some people here are super picky and have the mindset that anything less than perfect for a grade is worthless. The TPGs are quite a bit more lenient. I have seen much worse in a problem-free slab (harsh cleanings, dents, gouges, scratches, etc.). I think it will slab at AU-58. |
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Pillar of the Community
United States
1499 Posts |
I have seen pieces with dings like that get grades on Mint State examples. The usual pattern is that they will get 1 or 2 points less. For example if the coin is an MS-63 otherwise, it will be graded MS-62. A piece that might have been MS-64 will come back MS-63 or 62.
I think that your coin might be just short of Unc., and I'm no sure what they will do if they decide that it is an AU.
Edited by billjones
12/21/2016 08:58 am
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Pillar of the Community
United States
4883 Posts |
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I think it will slab at AU-58.  Just enough apparent rub to Liberty's hair above her ear & to the eagle's breast to take it there. The rim ding looks to me to fall into the category of a bag mark, and I don't think it'd merit a "details" annotation. Colligo ergo sum
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Pillar of the Community
United States
1450 Posts |
If the 1902-S you are showing is the one you got for $24 then you got a great deal. I don't see a significant ding. I paid a lot more than that for my 1902-S. Maybe you can find a 1903-s and a 1904-S in the same condition for the same price. Then you would indeed be a lucky and smart man. My 04-S and 03-S look pretty shabby compared to the coin you got for $24. Go beyond EF and they get expensive and they made millions of them. I guess they got melted down in the higher grades.
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Bedrock of the Community
United States
12437 Posts |
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very light adjustment marks...I think they are actually called roller marks Yes, roller marks and adjustment marks are two completely different things. Roller marks are caused by large steel rollers thinning out the stock metal sheets to the proper thickness. Roughness or grit on the rollers can transfer thin parallel lines to the planchets. Adjustment marks are caused by a mint worker using a steel file on a heavy planchet to adjust its weight. That practice ended in the early 1800s but if you search for photos of Draped Bust dollars, you will find some with parallel gouges/scrapes that look like damage but are actually adjustment marks. |
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Pillar of the Community
United States
7375 Posts |
At the atomic level the ding looks huge, but in perspective to the whole coin, it's barely noticeable, and the coin should grade problem-free imho.
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Rest in Peace
United States
17900 Posts |
It won't be detailed for that minor rim ding(s).
But I don't think this will make it as MS. It's close, with only the very highest points showing indications of rub, but I'm betting it would be an AU-58, rather than an MS.
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Bedrock of the Community
United States
94367 Posts |
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Valued Member
 United States
77 Posts |
Took it to a reputable coin dealer in my area who has been in the coin business for quite some time. He said confidently that it is AU for sure and the ding shouldn't be a problem. He said it didn't even look like something that would happen from dropping it or PMD... He thinks it should grade nicely without a Details or Damage grade. However, you can never be sure until you get it back. Should I go with NGC on this one? Also, if I get it graded it will be around $60-70 and if it comes back as damaged or details I think I still got a decent deal no? If this were one of your guy's coins would you grade it? I would love to have it graded for my collection as a coin I FOUND in the wild! |
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Pillar of the Community
United States
790 Posts |
Excellent pick! I hope you'll come back and post after you get it graded, to let us know how it DOES grade.
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Pillar of the Community
United States
1215 Posts |
Au58 for sure. Rim dings and small rub marks are telltale signs of circulation on larger coins. My 1921 Morgan that the community graded as au58 has a rim ding just like yours. I know I'm just re-echoing the sentiment of the coin community, but just wanted to make that let known. Also, as a fun note, try fitting another Morgan dollar into that ding space and see if it fits! If not, try other coins to see if they fit. Do it carefully though! |
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Valued Member
United States
147 Posts |
There are a lot of Slabbed 1902-S Morgans in the auction links of the PCGS price guide for AU 50-58. Most are in the past two years and sold from $165 to $300. I looked at a few and yours looks better to me. I don't know much about what would get a details grade, but that ding would not be much concern to me.
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Valued Member
United States
77 Posts |
I'm definitely getting it graded but am stumped on who to go with. I was thinking NGC or maybe ANACS because my coin is a VAM variety not an incredibly expensive and rare one though. If this were your guys coin who would you go with? PCGS isn't out of the question but I thought they graded the hardest. Plus my coin guy offered to send my coin out for me as well no extra charge. |
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Bedrock of the Community
United States
17884 Posts |
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Only other thing about the coin is that one guy told me the coin and very light adjustment marks. You can see them sort of right next to the left wing on the reverse. Quote:
Adjustment marks are caused by a mint worker using a steel file on a heavy planchet to adjust its weight. That practice ended in the early 1800s Adjusting of the planchets lasted into the 20th century. On the early coins the file was often used across the faces of the planchets but that ended in the early 1800's. After that the filing was done on the edges of the planchets before they were struck. Any marks would be lost in the creation of the reeded edge during the striking. |
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Posted 12/21/2016 08:37 am
