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 Replies: 64 / Views: 2,196 |
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Bedrock of the Community
 United States
18689 Posts |
if the slabbed photo is accurate as to what the coin looks like in-hand, the luster is either very subdued or gone which is what the original photo showed as well and the reason I didnt place a grade on it as I thought it might have been the photo.
they are not going to slab this coin, if this is the case, with anything MS63 or higher if most of the luster is gone. it appears that the coin was dipped but borderline and the eye appeal is on the low end of the scale.
it could have been worse, it could have came back as UNC details (cleaned)
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Moderator
 United States
189340 Posts |
Bummer.  |
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Pillar of the Community
United States
7627 Posts |
Since TPG became the "big thang" back in the 70's and 80's I've come to believe that the graders grade with a Greysheet close at hand and reference it when they see coins like this with huge spreads in the Unc grades. (The 1891-O is another Morgan that falls into this group). No matter the grade the all-knowing infallible grading Gods put on the coin it is still a very nice coin and is one on the nicest ones I've seen in a very long time. There is no way I'd part with this coin at 62/63 money if it were mine. If I didn't need the money I'd pop it out of the holder and stick it back in the Dansco and let it age in the safe for another 25 years! You are very fortunate to have lucked into this coin! Congratulations! |
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Pillar of the Community
United States
5675 Posts |
Quote:
I plan on calling them today to get an exact answer as to why they graded it so low. I'd be shocked if they gave you an explanation by phone. If they start having graders defend their grades on the phone, they would be inundated by calls from unhappy submitters. At best they'll suggest you resubmit it. |
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New Member
 United States
24 Posts |
Just called them and they would not give me any information because I am not the submitter even though its mine.
well, I tried
Thanks everyone for all the advice
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Bedrock of the Community
United States
11898 Posts |
Wow, this went from a $260k coin at 65+ to a $30k coin at 62+. Still a great looking coin for the grade. The last 62+ was in a pcgs holder and sold for $30k in December of 22. Your should realize more than that imho. Good luck with the sale and thanks for sharing your adventure with us. Make sure you return and update us on the realized sale price after it crosses the auction threshold.  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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New Member
United States
24 Posts |
At this point I may just keep it. It's all BS
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Moderator
United States
189340 Posts |
Yes, lesson learned I suppose.  |
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New Member
United States
24 Posts |
Well it came back with a green CAC stiker
Serial Number
8718372001
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Moderator
United States
189340 Posts |
Quote:
Well it came back with a green CAC stiker Excellent! |
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Pillar of the Community
United States
7627 Posts |
The Green Bean is a huge plus! Congrats! Did you decide to pull it back from the August auction?
Edited by westernsky
06/16/2026 7:53 pm
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New Member
United States
24 Posts |
I am going to sell it as I am headed into a new direction with my collecting. The money will be better spent on something that is completely non subjective. Putting your fait into the hands of a grading company that looks at value before grading is in my opinion straight gangster.
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Bedrock of the Community
United States
74718 Posts |
Quote:
Well it came back with a green CAC stiker
Serial Number Congratulations!  Errers and Varietys.
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Bedrock of the Community
Australia
21788 Posts |
At 62 sticker, it is going to be easy to sell,
but
I feel you would be parting with a much better coin than grade indicated.
Probably better to keep, and still feel
disappointed about about the stated grade.
I think most CCF'ers would grade it higher.
To be honest, I am not over keen on slabbed coins, the above story is one of the reasons.
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Moderator
United States
189340 Posts |
Quote:
I am going to sell it as I am headed into a new direction with my collecting. Good luck!  |
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Replies: 64 / Views: 2,196 |
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Posted 05/05/2026 09:24 am
