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1904 O Morgan. PCGS Holder.

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Rest in Peace
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 Posted 08/29/2022  3:39 pm  Show Profile   Bookmark this reply Add dave700x to your friends list
I'm not seeing any contact marks so possibly MS66.
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 Posted 08/29/2022  3:51 pm  Show Profile   Bookmark this reply Add Jakes Coins to your friends list
not a big fan of the overall look of the coin but I will guess ms64
I've been collecting for a couple years... Favorite Coin's are Standing Liberty quarters, Working on my type set | Coffee, Corvettes, Coins & the CCF what could be better?
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 Posted 08/29/2022  4:20 pm  Show Profile   Bookmark this reply Add TobyJ to your friends list
The strike is so weak but I don't see any wear at all. I'm gonna say MS66 but this could even be MS67.
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 Posted 08/29/2022  4:29 pm  Show Profile   Check collector.detector's eBay Listings Bookmark this reply Add collector.detector to your friends list
If there's no wear to hidden scratches under the toning I'm at MS65
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 Posted 08/30/2022  07:09 am  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list
Typical weak strike 04-O. All original skin, super clean cheek, MS-65.
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 Posted 08/30/2022  08:51 am  Show Profile   Bookmark this reply Add panzaldi to your friends list
this is a bad strike for the year. for some reason unknown to me TPG's, especially PCGS that I've noted, ignore blotchy toning like this. from what I've seen they dont even deduct for it. they also tend to ignore fingerprints.

to me it appears that all the original surfaces were stripped off and that scratch under AMERICA is pretty significant even though its not in a key area

although there are very little marks and it has a clean profile I would have called it UNC details (cleaned). based on your comment i'll say PCGS called it MS62. if its any higher than this then they are completely ignoring strike, eye appeal and even possibly luster
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 Posted 08/30/2022  09:25 am  Show Profile   Bookmark this reply Add TobyJ to your friends list
But Panzaldi...
Weak strike and eye appeal should only take a coins grade down a notch or two. If there is no actual damage to a coin, it cannot be MS62. Imagine this coin came straight out of the mint, and was stored to perfection and didn't have the toning. It would grade MS69, why not 70? Because of the strike. Now imagine it hasn't had any damage but it has got the toning, should it not still be 69? A coin's grade should ultimately be determined by damage or lack thereof, the other factors you mention such as eye appeal and strike should surely contribute in a minimal way after this? I'm only opening a discussion here as I do respect you have far more experience than I do and as you know I like your comments, but if there is very minimal damage to this coin, I see no reason for it to be lower than MS65, even with the weak strike and lack of eye appeal.

Edit: I read your comment a little too quickly. I see you mentioned it might have been dipped and the original lustre is missing, if so then perhaps you're right with an ms62 grade. I suspect it is higher though and that toning is hiding the lustre. Anyway, I'm excited to find out this one's grade.
Edited by TobyJ
08/30/2022 09:26 am
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 Posted 08/30/2022  11:45 am  Show Profile   Bookmark this reply Add psuman08 to your friends list
An unattractive MS-64.
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 Posted 08/31/2022  09:42 am  Show Profile   Bookmark this reply Add panzaldi to your friends list
TobyJ, maybe this will help you understand how I grade MS Morgans

I take a very analytic approach to grading these. I grade using a 5 point system for each component on both sides and then average it. you are correct about surface preservation. I give it twice the weight of strike, luster and eye appeal which I put all of them at the same level.

here is the grading system that I use and how I came to MS62 for this one. you may disagree but this is my assessment

obv
surface preservation 4x2 (due to fingerprints) = 8
strike 2.5 (below average strike for the year)
luster 2 (non existent using these photos,this is generous)
eye appeal 3 (due to blotchy toning and flat look)
total 15.5

rev
surface preservation 3.5x2 (due to fingerprints & scratch) = 7
strike 3 (below average strike for the year)
luster 2 (non existent using these photos, this is generous)
eye appeal 3 (due to blotchy toning and flat look)
total 15

total 30.5 divided by 2 = 15.25. a 15.25 falls right in the middle of an MS62 coin and therefore my grade. does it work all the time? no, but its the most accurate way I have found to grade them. also photos are not always accurate but I can only grade what I see

scale
5-12.99 - MS60
13-13.99 - MS61
14- 17.49 - MS62
17.5-18.99 - MS63
19-20.49 - MS64
20.5-21.99 - MS65
22-22.99 - MS66
23-23.99 - MS67
24-24.49 - MS68
24.5-25 - MS69

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 Posted 08/31/2022  11:16 am  Show Profile   Bookmark this reply Add fenton to your friends list
PCGS graded this one MS-65.
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 Posted 08/31/2022  11:18 am  Show Profile   Bookmark this reply Add Jakes Coins to your friends list
wow, still not a fan of the look of this coin
I've been collecting for a couple years... Favorite Coin's are Standing Liberty quarters, Working on my type set | Coffee, Corvettes, Coins & the CCF what could be better?
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 Posted 08/31/2022  12:41 pm  Show Profile   Bookmark this reply Add panzaldi to your friends list

Quote:
PCGS graded this one MS-65.


i just cant get this to that grade a all. they had to disregard the blotchy toning and fingerprints and in this case strike and luster as well to get to that grade. a completely clean coin void of any marks or scratches does not mean the coin warrants a 65 grade. the purpose of the grade is to determine the value on the open market and maybe its just me but I would never pay 65 money for this coin.

i dont mean to slam your coin its just my personal opinion
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 Posted 08/31/2022  1:03 pm  Show Profile   Bookmark this reply Add NumismaticsFTW to your friends list
You realize when you know how to think, it empowers you far beyond those who know only what to think.

-Neil deGrasse Tyson
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 Posted 08/31/2022  3:51 pm  Show Profile   Bookmark this reply Add TobyJ to your friends list
Panzaldi, very technical and interesting approach. I like it. This was a challenging one to grade, and not the kind of look I go for in my Morgans personally. I like them bold and shiny.
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 Posted 08/31/2022  5:47 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list
Not a fan either, I must admit. Just doesn't "look" 65 to me.
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