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Replies: 17 / Views: 2,864 |
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New Member
United States
26 Posts |
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Pillar of the Community
United States
4883 Posts |
First off, welcome.
The 1886 does look like a proof, of which only 886 were struck. I cringe to see it casually lying around as it is in these photos. If it is a proof, it's a four (if not five) figure value coin and you need be extraordinarily careful handling it. I mean white cotton gloves by the edges only and away from hard objects careful. The 1880-S looks to be an extremely nice specimen, but will be worth nowhere near what the 1886 is (again, if the latter actually is a proof).
Edit: Also, whatever you do, don't wipe either coin off with anything, even the seemingly softest cloth.
Colligo ergo sum
Edited by Lucky Cuss 08/06/2014 3:52 pm
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Pillar of the Community
968 Posts |
Hmm, where to start. The '80-S looks prooflike, at the least, and somewhere around a 64 or 65. The '86 is a stunner. I agree that has a great shot at being a proof, but I'd need better pics to say for sure. At any rate, both coins are worth slabbing. If the '86 isn't a proof, it looks to be a high-grade DMPL (I'm thinking 66?) and still worth well north of a thousand dollars. Long story short, get them graded. Many dealers can have them graded for you, or perhaps somebody here will allow you to submit on their membership. Otherwise, you can purchase your own membership and submit them. There may be a few other coins in your newly inherited collection worth sending in.
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New Member
 United States
26 Posts |
Guss, don't worry the coin is very well protected, I wanted to say it was "slabbed" but I'm not sure if that implies it has a grade, anyway it stays in a heavy duty coin case. I was pretty much terrified taking it out for pictures, I used gloves and carefully placed on a small microfiber towel, I can see how in the pictures it looks like I just keep them sitting on my dresser, lol.
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New Member
 United States
26 Posts |
In any case GREAT news, thanks and if it is indeed a proof what grade would you assume? I believe I saw a 1886 pr67 in an auction go for very near $20,000, I'm far from an expert but I really think I have something with these
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Pillar of the Community
968 Posts |
Impossible to grade a proof without better pics, the reality is a couple scattered hairlines can be the difference between a 66 and a 62.
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Rest in Peace
United States
10625 Posts |
Both appear to be worthy of having slabbed by PCGS or NGC. I would really like to see some better photos of each though. Compare that '86 to the following link to see if your coin has the die markers of the proof dies. http://www.vamworld.com/1886-P+VAM-15
Edited by dave700x 08/06/2014 4:51 pm
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New Member
 United States
26 Posts |
Thanks for the link Dave, and I will get some better pictures before I send them off. I'm looking at the coin under 16X magnification to compare to the link. The pictures on VAM show very distinct marks around the date (small dash by the 1, marks touching parts of both 8s, a very odd looking 6), the "ATES" in states are imperfect, there is a dash through the E and two very noticeable ones through the T. It took some careful, eye-straining examination, but my coin very clearly has all of these marks in the exact places they should be. I will upload some better pictures ASAP, but if I am correct about every "1886-P VAM-15 Proof Doubled 18-6, Dash 8" being there, does that mean it is a proof?
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Pillar of the Community
968 Posts |
it means you probably do have a proof, yes. Don't get too excited until it gets certified, though.
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Pillar of the Community
United States
1531 Posts |
At first I thought a really dog-gone well-struck and designed fake, but I can't really decide...
They both appear to grade MS-65 (or more) DMPL or, if they are a proof, PR-65 (or more). Best of luck.
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New Member
 United States
26 Posts |
These images should be a little better of the 86. I can't post it with the resolution any higher, if there is a way to do this please let me know. I didn't want to take it out of the holder for these but they are better than before. As you can see there is a lot of glare and you can actually see the camera lens reflected in the coin, there has to be a trick to getting the good photos. There are tiny tiny white spots on the coin I was hoping to show to see how they affect the grade. In any case, I am going to have them graded and hope for the best. First I want some better photos of both coins so any advice on doing this is appreciated.  
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New Member
 United States
26 Posts |
Now that I post them they're not much better at all, the glare makes the coin look messed up. if I work up the nerve to take em out of the case again I'll try again.
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Pillar of the Community
968 Posts |
That '86 is definitely a proof. Cool find!
PCGS offers a conservation service, they can look at the coin and make a decision as to if they'll do anything to it for you, if you request it. Might be worth it to see what they can do. I'm sure it's not cheap, the fee schedule is probably on their website somewhere.
Also, where are you located? Maybe we can refer you to a dealer that can help you out.
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Pillar of the Community
United States
1531 Posts |
I don't know if you're aware, but depending on what the coin grades, it could be worth over $4 to $5 grand. Most proof Morgans I see don't have such a nice cameo look to them, and yours is very clean and frosty. I wish you the best. 
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Valued Member
South Africa
453 Posts |
My mouth is watering oh my such art wow!
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New Member
 United States
26 Posts |
I'm aware of the (possible) value now. I'm still deciding on options but will definitely have it graded by NGC or PCGS,
I'd like to send it off myself, I'm thinking NGC with the professional photo option, and possibly the conservation service for the '86. If they can get rid of the small white spots I would be VERY happy, my understanding is they come from small amounts of moisture getting on the coin, I would think there's something they can do.
The PCGS site says they don't have a conservation service, thus NGC, and personally I think the NGC slabs just look better. I realize all this will be costly but I think it's worth it for this coin.
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Replies: 17 / Views: 2,864 |