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Replies: 17 / Views: 2,483 |
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Bedrock of the Community
 United States
14454 Posts |
ok, how bout a guess at the grades
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Moderator
 United States
23522 Posts |
I'm thinking both 64, top one PL, although my opinion might change in-hand. Here's a link for helping determine Prooflike status. I believe it's a bit optimistic about reflectivity; the PL and DMPL reflections should be farther out.
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Bedrock of the Community
 United States
14454 Posts |
64 was what I was thinking for both as well
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Pillar of the Community
United States
1703 Posts |
I think the first one would grade 64 but the second might push MS65.
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Bedrock of the Community
 United States
14454 Posts |
I will go ahead and show you what NGC said about these coins. Like I said these were crossovers and I think they have a theory that they shouldn't give it a higher grade than another grading company did because it will make them look like their grading skills are ingerior to the other company's. What do you think I should do, send them in for a review and hope for the best or crack them out and send them in for grading again? I really dont think there is any way they could be graded any lower than they are looking at the coins in hand. And if the one deserves the PL designation the other definately does as everyone has agreed upon except metalman. The VAM-79 And now the VAM-80
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Pillar of the Community
United States
1703 Posts |
Wow, I think they graded low,but that just my opinion. Bryan,are you set on only having NGC grade these two? Maybe resubmit out of the holder to ANACS.I can't believe those would come back MS63.
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Bedrock of the Community
 United States
14454 Posts |
I cant go the ANACS route because they are in my registry set, it would have to be PCGS or NGC. I just wonder if I should crack them out or just send them in for review. If the VAM-80 is a PL then the dadgum VAM-79 definately is also, its actually more reflective then the VAM-80
Edited by Bryan1315 07/21/2006 5:16 pm
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Pillar of the Community
United States
1703 Posts |
I think it would be worth a try to go the PCGS route but it would be tought for me to pop them out of their holder. You would almost have to though,if you want a fair grade.
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Bedrock of the Community
 United States
14454 Posts |
well then if I did that I would still be in the same boat as it will be a crossover and them not wanting to give a higher grade than the other company for the reasons I already mentioned. So I still have to ask, crackout or send in for review
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Bedrock of the Community
 United States
14454 Posts |
welp guess I will break out the ball peen
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Pillar of the Community
United States
1703 Posts |
I was waiting for someone else to speak up. I think I also would take them out of the holders and send them to PCGS.
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Pillar of the Community
United States
7123 Posts |
Hi Bryan I do not always agree with the TPG's especially on grade, I think they may have undergraded both coins unless there is something about the coins that is not transfering well by photo? , but I'm pretty sure that they got the PL designation right. Of course this is coming from a novice on the Morgan dollar coins I'm the first to admit that ! Rick
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Bedrock of the Community
 United States
14454 Posts |
I beleive they would have been MS-64's if they were sent in raw, but because they were both crossovers they didn't want to give it a higher grade
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Rest in Peace
United States
2684 Posts |
Bryan, I'm not sure how I missed this topic except that I've been busy with non-coin stuff, but I'll give it a shot if for no other reason than to keep my own skills honed. Even though it's several days since your original post and I'm sure you've revealed both coins' secrets, I'm still maintaining my practice of not looking at the other responses before issuing an opinion.
First, the Prooflike Morgan... It's really difficult to make this determination from an image since a photo doesn't have any depth of field, but given that deep-mirror characteristics go along with PL, I'd guess (and it's a guess more than an evaluation) the VAM-79 might have the prooflike designation since it appears to have the deep mirror qualities. The VAM-79 also appears to be a sharper strike than the -80 given the detail in Liberty's hair, especially above her ear, and in the Eagle's head details.
Grade-wise, the -79 might be MS-64 or -65 while the -80 might be MS-63 or -64. I don't think they'd go lower, but if you're planning to crack them out, that's always a risk. Both PCGS and NGC have bad hair days and they're likely to come back even lower, especially at PCGS which seems to be trying to lower the peaks on its Morgan population reports. In fact, I think I could safely guarantee that PCGS would not send them back any higher than originally graded unless they just had a company party and you were lucky enough to catch them hung over or in good and generous spirits (npi).
That said, I wouldn't submit a Morgan to PCGS under any circumstances these days given my experiences with PCGS over the past year. I don't belong to NGC's Collector's Society, so don't have experience with what they might do, at least in this regard.
The greater risk is cracking them out, resubmitting them, having them come back in the same or lower grade, then repeating the cycle until a favorable grade does come back. That gets expensive.
Fred
Now to see how the rest of the discussion went and what the Morgans really are...
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Rest in Peace
United States
2684 Posts |
OK, I agree that they appear to be undergraded. But I would not have guessed that NGC would designate the -80 as Prooflike without also giving the -79 the PL label; the -79 appears to be the superior coin. I think, to answer your basic question, if it were me and under the same circumstances, I'd probably crack them out and resubmit to NGC as raw coins. HOWEVER, unless you've already done it and I'm too late, don't crack them out with a ballpeen or other hammer. Too much risk with a stray plastic splinter gouging the coins. I've recently gone to a Dremel tool to saw around the edge of the slabs. For 20 bucks and a little extra at Walmart for the little saw tool, it greatly reduces the risk of secondary damage to the coin. In any instance, both Morgans are absolutely drop-dead gorgeous and are worth fighting for a fair grade. Bon chance, mon ami! And please keep us posted on what happens. Fred
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