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Grandpa's Sought After Coin....i Need Advise! Help Me Grade This Please! (1895 O Morgan Dollar)

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Pillar of the Community
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1314 Posts
 Posted 03/04/2018  09:30 am  Show Profile   Bookmark this reply Add thecoinguy1964 to your friends list
Looks right to me, but I'm a novice at best. What's the story behind the coin?
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 Posted 03/04/2018  10:08 am  Show Profile   Bookmark this reply Add Slider23 to your friends list
The grade VG8/10. If you take it to a dealer, the offer will be around $100. If the coin has been cleaned, the offer will be less. A TPG graded VG 10 sells in the $200 range. The coin may have more sentimental value than dollar value.
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 Posted 03/04/2018  10:15 am  Show Profile   Bookmark this reply Add babyangeleyes212 to your friends list
My grandpa collected coins and he passed away 12 years ago. I have had part of his collection (including paper money he got in ww11). It was money that he had saved and held onto since he was a child, some from his father etc. He didn't store it anywhere special. It was just kept in a box. I understand people's concern about being authentic but that makes me laugh when I think about my grandpa having counterfeit coins. He has had these since long before I was born and didn't people recently start trying to pass off fake ones?
I checked it with a magnet and it is not magnetic. I don't have my mother's mail scale to weigh the thing so I can't tell you a weight.
I appreciate all the kind and helpful responses. I was just being impatient and wanting opinions before I take it to get looked at.
Any suggestions on where to take it in metro detroit area? I heard Abbott's in Birmingham is good...

Grandpa's-Sought-After-Coin....i-Need-Advise!-Help-Me-Grade-This-Please!-1895-O-Morgan-Dollar
Grandpa's-Sought-After-Coin....i-Need-Advise!-Help-Me-Grade-This-Please!-1895-O-Morgan-Dollar
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 Posted 03/04/2018  10:24 am  Show Profile   Bookmark this reply Add SilverDollar2017 to your friends list
People have been counterfeiting coins since ancient times. I recommend you take it to a reputable coin dealer, who will be able to offer you (if the coin is authentic) about $100 - $150 for it.

I don't live in Detroit, but you can do a google search for coin dealers in your area.
Bedrock of the Community
United States
94367 Posts
 Posted 03/04/2018  10:28 am  Show Profile   Bookmark this reply Add Coinfrog to your friends list
VG-10.



to the CCF!
Rest in Peace
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10625 Posts
 Posted 03/04/2018  10:44 am  Show Profile   Bookmark this reply Add dave700x to your friends list
It looks authentic to me. The date position matches a known obverse die.

to the forum!
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 Posted 03/04/2018  10:47 am  Show Profile   Bookmark this reply Add ron6788 to your friends list
The 1895 is one of the rare dates in this dollar series. Maybe, your grandfather saved other rare dates. I'd suggest taking a few coins with you when you visit the shop. Tell them ahead of time you'll be wanting a written appraisal and ask if there's a charge. There may or may not be. It actually may be better to pay a small appraisal fee than to get one for free but then be pressured into selling your coins on the spot.
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 Posted 03/04/2018  11:28 am  Show Profile   Bookmark this reply Add BStrauss3 to your friends list
Compare a high grade Morgan $ with yours...

PCGS has an online photo grade resource

Here is an MS65 coin: https://www.PCGS.com/images/photogr...rgan-65o.jpg and https://www.PCGS.com/images/photogr...rgan-65r.jpg

Notice all of the details in Ms. Liberty's hair and the eagle?

Compare that to your coin and the standard photos for G06 and VG08 here: https://www.PCGS.com/photograde/#/Morgan/Grades


-----Burton
50+ year / Life / Emeritus ANA member (joined 12/1/1973)
Life member: Numismatics International, CONECA
Member: TNA, FtWCC, NETCC, EveryCountry (online) coin club
Owned by three cats and a wife of 40+ years (joined 1983)

Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/
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 Posted 03/04/2018  11:35 am  Show Profile   Bookmark this reply Add BStrauss3 to your friends list
Here's a price guide for that coin (from CDN, publishers of the Grey sheet which is the dealer - wholesale - price guide).

Their CPG is for collectors and is a fair retail price (what you pay, not buy at)

https://www.greysheet.com/coin-pric...&CatalogId=1

Notice that MS65 I posted last post is a $200K coin...


Lastly, go here: https://www.ebay.com/sch/Morgan-187...%2520Orleans


Those are actual SALES on ebay (not just listings) for uncertified 1895O Morgans in various conditions, some of which may not be genuine...

-----Burton
50+ year / Life / Emeritus ANA member (joined 12/1/1973)
Life member: Numismatics International, CONECA
Member: TNA, FtWCC, NETCC, EveryCountry (online) coin club
Owned by three cats and a wife of 40+ years (joined 1983)

Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/
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 Posted 03/04/2018  12:46 pm  Show Profile   Bookmark this reply Add thecoinguy1964 to your friends list
To own my grandfather's coins would be priceless.
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 Posted 03/04/2018  12:49 pm  Show Profile   Bookmark this reply Add babyangeleyes212 to your friends list
Thank you BStrauss3! I appreciate the help!
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 Posted 03/04/2018  12:59 pm  Show Profile   Bookmark this reply Add babyangeleyes212 to your friends list
thecoinguy1964
To own my grandfather's coins would be priceless.

Hense the reason I've never sold any. I have around 120 of his coins. I don't know much about coins but I know this date is one of the sought after coins if it is in decent shape. I am a single mom to two boys (5 and almost 16) one of which has medical issues. If it brings me a couple hundred dollars I desperately need, so be it. I'm quite sure my Grandpa would be ecstatic to know that one of his coins helped.
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 Posted 03/04/2018  7:42 pm  Show Profile   Bookmark this reply Add Imthealphaomega to your friends list
It's a max VG10 and that is pushing it
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 Posted 03/04/2018  8:26 pm  Show Profile   Bookmark this reply Add paxbrit to your friends list
It's a low grade coin, no doubt about that, but the LIBERTY band is clearly legible, some hair strands are still distinct, and there are visible wing feathers on the reverse. The date is clear and the coin is in nice condition, meaning no rim dings, bag marks, scratches.

It's got very good eye appeal, besides the rare date, it's going to stand out to a collector looking for this coin in his price range. I'd add $25 to the price and dicker, but the sentimental value may be much more to you.

Do visit a shop, and obtain some coin holders, the little mylar flips and a dual-row red box will be adequate.
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 Posted 03/04/2018  10:50 pm  Show Profile   Check spru's eBay Listings Bookmark this reply Add spru to your friends list

Quote:
I am a single mom to two boys (5 and almost 16) one of which has medical issues. If it brings me a couple hundred dollars I desperately need, so be it. I'm quite sure my Grandpa would be ecstatic to know that one of his coins helped.


I can sympathize, having been raised by a single mom and agree that the money from this one coin may be more beneficial to you than the coin itself. Just make sure, as has been mentioned, that you don't feel pressured into selling it on the spot by a dealer. When you do go to get an appraisal, make sure you have the greysheet numbers in mind (or in hand) as well as the grade that we all pretty much agree on (VG-8/10).

Best of luck and if you would like to post any other coins or bills from his collection, I'm sure we would all like to see them.
In Memory of Crazyb0 12-26-1951 to 7-27-2020
In Memory of Tootallious 3-31-1964 to 4-15-2020
In Memory of T-BOP 10-12-1949 to 1-19-2024
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