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1882 Silver No Mint Dollar Coin

 
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Author Previous TopicReplies: 6 / Views: 298Next Topic  
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 Posted 04/02/2020  6:22 pm Show Profile   Bookmark this topic Add pogitoitz to your friends list Get a Link to this Message
A friend of mine gave this coin it is inside a sealed container or see-through box and it says "Genuine Uncirculated Morgan silver dollar 1882" and 90% silver. On the back, it says guaranteed genuine. I attached pictures for reference. My question is: Is it real what is its grade? how much its value? thank you

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 Posted 04/02/2020  6:25 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
We'll need much sharper pics to help.



to the CCF!
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 Posted 04/02/2020  6:32 pm  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
to CCF. Much better pics please. PCS is not one of the trusted graders.
John1
( I'm no pro, it's just my humble opinion )
Searched 5+ Million Cents Since 1971
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 Posted 04/03/2020  6:55 pm  Show Profile   Bookmark this reply Add pogitoitz to your friends list Get a Link to this Reply
i guess this is the best that I can do, I hope it's good enough.

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 Posted 04/04/2020  12:30 am  Show Profile   Bookmark this reply Add CoinHuntingDrew to your friends list Get a Link to this Reply
Can't tell fields well from the obverse, so I'm going to go with MS62
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 Posted 04/04/2020  02:28 am  Show Profile   Bookmark this reply Add pogitoitz to your friends list Get a Link to this Reply




Is this better?
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 Posted 04/04/2020  10:36 am  Show Profile   Bookmark this reply Add KauaiHawaiiGuy to your friends list Get a Link to this Reply
Well a couple of things. First of all, PCS is not one of the big four grading services, PCGS, NGC, ANACS, and ICG. All other grading services and that includes PCS are not for the benefit of the owner of a coin but rather for the benefit of sellers of their improperly and over graded coins.

Most PCS holders I've ever seen are just like yours where they don't put an actual numerical grade on the coin but rather a classification, and in that regard they are usually pretty close and within the correct ballpark. So since your holder says Genuine and Un-circulated, it's probably Genuine and Un-circulated, but most likely in the lowest Un-circulated designation. So even though the pictures still aren't that great I assume it is MS-60 to MS-62.

You also asked about value. An 1882 P is considered a common year and mint and has a full retail value in MS-60 to 62 grade of $50 to $60, if it was graded by one of the big four grading services and in one of their holders. But even at that many are sold at $35 to $45. If you were to sell your coin at eBay, you could expect the winning bid to be $25 to $40. It's possible it could go for even less or more, but that is what happens in auctions, you just never know for sure until the final bid.

Well I hope this answered all three of your questions.
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