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1884 O Morgan With Small But Serious Dark Spot.

 
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Author Previous TopicReplies: 8 / Views: 247Next Topic  
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United States
42 Posts
 Posted 06/22/2022  3:48 pm Show Profile   Bookmark this topic Add GaryVanWa to your friends list Get a Link to this Message
This is a recent purchase of mine. It is an otherwise decent looking Morgan, but has an unusually dark, small spot above the date. It almost looks like someone touched an electric probe to it. It isn't toning in my opinion. And, worse, it appears they attempted to "scratch away" the spot with a needle or very small brush.

With all that said, my question is not really what grade you would give this coin but rather, does this type of problem make the coin uncollectible or does it just reduce the grade? As always, since we know to "buy the coin", perhaps some ( like me) will find it offensive and others may not?


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 Posted 06/22/2022  3:59 pm  Show Profile   Bookmark this reply Add Slider23 to your friends list Get a Link to this Reply
The damage hurts the value of the coin, and when it comes time to sell, the coin will most likely have to be discounted. A damaged common date Morgan is not something that a typical collector wants in their collection.
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 Posted 06/22/2022  4:01 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Is that just a spot? Almost looks like a small puncture.
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 Posted 06/22/2022  4:10 pm  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
Not sure if this is damage or a planchet flaw. It looks concave. If it's a flaw the coin should straight grade MS-63.
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 Posted 06/22/2022  4:24 pm  Show Profile   Bookmark this reply Add GaryVanWa to your friends list Get a Link to this Reply
Thanks for the comments. All very interesting. For sure it is not a puncture, at least not all the way through. I did not pick at it with a needle but maybe I should do so, carefully, and see how deep it goes. I believe it is in fact concave though.

I'm going to buy a better micro CAM soon and I'll likely take some better photos once that arrives.

Thanks!
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 Posted 06/22/2022  7:06 pm  Show Profile   Bookmark this reply Add fortcollins to your friends list Get a Link to this Reply
The irregular shape and slight brownish discoloration makes me wonder if this was caused by a couple drops of acid.
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 Posted 06/22/2022  7:11 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Whatever it is, if it's concave, this is a flawed specimen of a common date and just a bullion-tracker.
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 Posted 06/23/2022  09:08 am  Show Profile   Bookmark this reply Add panzaldi to your friends list Get a Link to this Reply
the strike is decent for the this year at the N.O. mint as there is some good definition around the ear and breast. quite a few scratches and scuffs from banging around in bag at one point in its life.

the spot does look concave. looking closely at it I'm seeing a perfectly round hole on the left side of it. I cant be 100% certain but to me it looks like this was done intentionally

I'm MS63 details (damaged) and yes it will affect value. the 84O is a common coin available in higher grades at a reasonable price so it may not be something a collector would want to place in their collection.
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 Posted 06/23/2022  10:42 am  Show Profile   Bookmark this reply Add Zurie to your friends list Get a Link to this Reply
It doesn't look like a planchet flaw because whatever caused the damage affected the surrounding surface in a symmetric halo. Maybe heat or chemical damage? Hard to know, but it looks like it would be a details coin.
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