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1886-O Morgan Bought The Coin Not The Grade This Time

 
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Author Previous TopicReplies: 14 / Views: 598Next Topic  
New Member

United States
41 Posts
 Posted 07/23/2021  03:54 am Show Profile   Bookmark this topic Add FlyingTiger to your friends list Get a Link to this Message
So I purchased an 1886-O Morgan yesterday and it was in AU-50 for $228 but other 1886-O's going for $500,$700+ were all cleaned looking with rim dents and beat up.But most importantly the breast feathers were all flattened.I know the New Orleans mint is known for having weak strikes and flattened breast feathers.I went with The AU-50 nicest looking bargain for me anyway.
The feathers and Fields area looked way better on this one for way less than 1/2 the price.
Can a lower grade really look like a better coin than one of higher grade?



Bedrock of the Community
United States
40856 Posts
 Posted 07/23/2021  04:18 am  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
Need better photos. Here is a good source for values and also check eBay sold values for an idea on current values:http://www.numismedia.com/rarecoinp...proof=&plus=
John1
( I'm no pro, it's just my humble opinion )
Searched 6.5 +/- Million Cents Since 1971
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United States
60763 Posts
 Posted 07/23/2021  08:52 am  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Yes, larger and brighter pics please.
New Member
United States
41 Posts
 Posted 07/23/2021  11:52 am  Show Profile   Bookmark this reply Add FlyingTiger to your friends list Get a Link to this Reply



Still learning I hope this is better.
Bedrock of the Community
United States
40856 Posts
 Posted 07/23/2021  12:15 pm  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
What slab is it in? It would have to grade AU55 to justify what you paid for it. Check the link I posted earlier.
John1
( I'm no pro, it's just my humble opinion )
Searched 6.5 +/- Million Cents Since 1971
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United States
3518 Posts
 Posted 07/23/2021  12:27 pm  Show Profile   Bookmark this reply Add keith12 to your friends list Get a Link to this Reply
Almost looks Dipped to me
New Member
United States
41 Posts
 Posted 07/23/2021  12:58 pm  Show Profile   Bookmark this reply Add FlyingTiger to your friends list Get a Link to this Reply
It's an Old School yellow ANACS.

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United States
9910 Posts
 Posted 07/23/2021  1:32 pm  Show Profile   Bookmark this reply Add dave700x to your friends list Get a Link to this Reply
I think it looks dipped as well. I think ANACS adjusted the grade down to AU50 as a result.
1883-O Nut
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United States
41 Posts
 Posted 07/23/2021  2:08 pm  Show Profile   Bookmark this reply Add FlyingTiger to your friends list Get a Link to this Reply
That's starting to make sense because it looks better than AU-50.Wonder why they didn't put"details"on the coin?
Maybe I over paid $50 or $70 bucks.These coins sure do go up in price after AU-58.Sky high!
I saw some info on them that a lot must have been melted to give the Brits some silver.
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United States
9910 Posts
 Posted 07/23/2021  2:37 pm  Show Profile   Bookmark this reply Add dave700x to your friends list Get a Link to this Reply
Yeah, most of what is available circulated and most mint bags probably did get melted down. This is one issue I've never considered purchasing an MS example...

Nowadays overpaid for a Morgan dollar seems like the new normal....Prices seem to have taken a jump.
1883-O Nut
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 Posted 07/23/2021  4:44 pm  Show Profile   Bookmark this reply Add suipakpaikungfu to your friends list Get a Link to this Reply
There are many times a lower grade coin can look better than a higher grade one.
Unattractive toning comes to mind.
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United Kingdom
9229 Posts
 Posted 07/23/2021  5:14 pm  Show Profile   Check NumisRob's eBay Listings Bookmark this reply Add NumisRob to your friends list Get a Link to this Reply
I often think that Morgan dollars in EF or AU condition look nicer than MS60 - MS63 ones that have lots of lustre but also lots of marks on Liberty's - aka Anna Williams's - cheek.
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United States
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 Posted 07/27/2021  2:42 pm  Show Profile   Bookmark this reply Add FlyingTiger to your friends list Get a Link to this Reply


I've been looking at other examples for sale on-line and most 1886-O's are flat as a pancake when it comes to breast feathers.When the breast feathers are present and somewhat bold the cost is $500,$700 and $1600.00.Thought I more than likely overpaid I can somewhat justify the price because of visible feathers.I"ll be more price conscious in my future purchases.
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United States
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 Posted 07/27/2021  5:07 pm  Show Profile   Bookmark this reply Add Oldfordman to your friends list Get a Link to this Reply
The coin does look nice and a tad undergrade in the slap that it is.
Valued Member
United States
95 Posts
 Posted 07/28/2021  12:09 am  Show Profile   Bookmark this reply Add Pmint1 to your friends list Get a Link to this Reply
I'd buy it. Great eye appeal
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