1893-CC Morgan, Opinion On Grade

I'm going to say F15 from PCGS, VF20 from anybody else. A perusal of Heritage's archives brought me to this conclusion. Of course, the reverse could have a bearing on the grade, but generally the obverse is the lesser of the faces and the grade is based on the worst side.

I note from looking at a_whole_lot of Heritage photos that ANACS seems to be the grader of choice for Morgans.

I thought it was a F12

He never said he was going to tell us.

One of you guys with access to PCGS Look up the number and tell us what it grades .

Rick

quote:

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Originally posted by national dealer

You guys are very generous.

VG-8

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Well, that's why you're a successful dealer, and I'm not.

You won't stay in the business very long if you can't manage to grade coins.

A nice looking VG8 IMHO ! Mike

I'm slow getting onto this Morgan thread - t'was a busy holiday season.

Like others, I really need to see both sides before making a judgement, but based on the obverse, my initial thought was F-12. However, given PCGS's trend toward being tough on Morgans, I'd take off a bit and go with VG-08. I'm pleased that this thinking is in line with ND and PCGS's opinions.

There's no doubt in my mind that PCGS has been increasingly tough on Morgans in recent years. My 1893-CC is a PCGS VF-30 which if compared with this one would (and often is on ebay) be labelled XF by many if it were raw. I submitted an older "green label" MS-65 CC a couple years ago I thought might go higher based on comparison with a more recently graded MS-66 CC. PCGS sent it back as an MS-65. So much for the notion that the "green label" PCGS grades are worth more than recently graded PCGS coins because they were more conservatively graded. I also recently (this past year) submitted a raw 1892-CC which, when compared with PCGS-graded Morgans in my collection and on the opinion of others I was pretty sure would come back at least MS-64; nope - came back MS-63. I would be very hesitant about resubmitting any of my MS-64 and MS-65 Morgans graded a couple years ago; I don't believe they would sustain their current grades.

Fred