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Morgans For Grading - Including 1881-CC

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New Member

United States
20 Posts
 Posted 05/15/2025  11:53 am Show Profile   Bookmark this topic Add Morgana to your friends list Get a Link to this Message Number of Subscribers
Hello and thanks for reading. As acknowledged in my "Introduce Yourself" post, I am not really a collector, so much as a willing learner looking to dispose of an inherited collection. I have too many hobbies already to start another one at this stage of life! But I am a researcher by inclination and profession, and do not have unrealistic expectations about ultimate value.

I have already ruled out TPG submissions for the vast majority, but there are approx 30 Morgan, Peace and Eisenhower dollars that *might* creep above whatever threshold warrants more formal grading. Some from the earlier era (1878 to 1922) are pictured below and I would welcome your feedback.

I struggled with photos, especially with the 1881-1884 Morgans from the Carson City horde that remain in their original GSA casing (and my understanding is that it is best to leave them there). If these are not suitable for viewing, I'm happy to try again.









Edited by Morgana
05/15/2025 10:33 pm
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Zurie's Avatar
United States
5334 Posts
 Posted 05/15/2025  12:32 pm  Show Profile   Check Zurie's eBay Listings Bookmark this reply Add Zurie to your friends list Get a Link to this Reply
Nice job with the photography, and it looks like a nice collection! Definitely leave the CC Morgans in their GSA cases. The 1881-CC is one I might consider getting graded because of the high value, ease of sale, and the possibility that it might get a grade that would make the grading fees worthwhile. The other CC Morgans are nice, but might not get grades that would justify the grading fees. The other coins are nice and original, without signs of cleaning, but not high enough value to consider TPG grading.
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United States
20 Posts
 Posted 05/15/2025  1:12 pm  Show Profile   Bookmark this reply Add Morgana to your friends list Get a Link to this Reply
@Zurie, thanks for your reply. I don't want to get ahead of myself, but let's say that I am left with a small handful (e.g, 1-5 coins) that warrant grading. Are there any options for doing this without full-blown membership costs that might be spread over many more submissions for heavier users? FWIW, my reading suggests that NGC might be preferable for CC Morgans, due to the way they handle GSA holders.
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Jakes Coins's Avatar
United States
704 Posts
 Posted 05/15/2025  1:19 pm  Show Profile   Bookmark this reply Add Jakes Coins to your friends list Get a Link to this Reply
Nice photos, the only one I see that would warrant the grading fees would be the 1881 cc. However I personally wouldnt submit it, not much of a price jump from ungraded to grades ms61-ms64. The value would start to jump around a ms65 & up. However I dont believe your coin has any chance at a ms65. Would not crack any of the gsa's out as mentioned above. If you have a shop nearby you could maybe use their membership & send along with one of their submissions if you want to save on the fees. I personally prefer PCGS to Ngc.

Also to the CCF
I've been collecting for a couple years... Favorite Coin's are Standing Liberty quarters, Working on my type set | Coffee, Corvettes, Coins & the CCF what could be better?
Edited by Jakes Coins
05/15/2025 1:19 pm
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Keith67's Avatar
United States
6120 Posts
 Posted 05/15/2025  1:51 pm  Show Profile   Bookmark this reply Add Keith67 to your friends list Get a Link to this Reply

Quote:
Definitely leave the CC Morgans in their GSA cases.

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panzaldi's Avatar
United States
17584 Posts
 Posted 05/15/2025  3:04 pm  Show Profile   Bookmark this reply Add panzaldi to your friends list Get a Link to this Reply
CCF likes to see only one coin per thread. you will get way less responses when placing multiple coins in a thread. I dont do multiple coins in a thread but looking at the ones you posted the CC morgans would most likely be the only ones I would consider.

the 81CC looks MS63

something to help with considering having a coin graded.

two reasons to slab
1. its a rare coin that needs authenticated and preserved
2. you are planning on selling the coin and the cost of acquisition plus the grading fee's would warrant it without chewing up all your profit

PCGS charges a minimum of $69 for a subscription other subscription levels include grading vouchers though so you could reduce these costs. add to the subscription cost, per coin grading cost which are $23 plus shipping & ins both ways (1-4 coins is $27 if the total value is under $1000)

NGC - economy grading tier is $22, plus $10 handling fee, plus $28 for shipping (1-5 coins).

ANACS grading would be $16 but there's a 5 coin minimum. Shipping would be $29-35.

CAC - $99 subscription ($50 grading credit), economy grading $15, gold $28, $40 shipping/handling/ins

i don't slab coins for these reasons especially the cost involved. I don't know why this is so popular today. just making the grading companies wealthy

Should I grade it link
https://www.coincommunity.com/colle...t-graded.asp
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nfine's Avatar
United States
3353 Posts
 Posted 05/15/2025  3:47 pm  Show Profile   Bookmark this reply Add nfine to your friends list Get a Link to this Reply

Quote:
Are there any options for doing this without full-blown membership costs that might be spread over many more submissions for heavier users?


If you're considering using PCGS, you can submit your coin(s) through a PCGS Authorized Dealer. They'll bundle your coin(s) with other submissions and take care of the shipping, paperwork, order tracking, etc.. I went this route with the one coin I paid to get graded, cost me $50 at that time.
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United States
20 Posts
 Posted 05/15/2025  10:24 pm  Show Profile   Bookmark this reply Add Morgana to your friends list Get a Link to this Reply
Thanks for the feedback thus far, and my apologies for including multiple coins, if that violated standard practice. I did wonder about that, but didn't see guidance and decided that it might be even MORE annoying to make 9 separate posts, when at least 5 of 9 didn't seem likely to warrant individual attention.

As anticipated, comments have zoomed in on the four CC Morgans, in particular the 1881-CC. So please allow me to use that single coin for a procedural question:

Even if I aimed low, NumisMedia data for the 1881-CC suggests a FMV of $510 at AU58 or $740 at MS60. Regardless of the precise amount, how does one go about selling coins worth several $hundred if I accept the advice and skip TPG? In the absence of grading, does it then just fall back on the buyer to assign their own grade (...and perceived value)? I'm sure this is a naive question, but I'm having trouble seeing how the process works, when grading seems to be the established expectation for coins in that price range.

Thanks for the patient replies... I'm learning lots!
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Marve65's Avatar
United States
5766 Posts
 Posted 05/16/2025  01:56 am  Show Profile   Bookmark this reply Add Marve65 to your friends list Get a Link to this Reply

Quote:
how does one go about selling coins worth several $hundred


Without going through an auction house the easiest way is ebay. A lot of people will start the auctions at 99¢ and let the bidders decide how much the coin is actually worth. Price guides usualy list coins for more than they are selling for.
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United States
20 Posts
 Posted 05/16/2025  09:30 am  Show Profile   Bookmark this reply Add Morgana to your friends list Get a Link to this Reply

Quote:
Without going through an auction house the easiest way is ebay.

Thank you. Just to confirm... am I correct in my understanding that auction houses don't deal with anything that is not graded?
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Marve65's Avatar
United States
5766 Posts
 Posted 05/16/2025  3:31 pm  Show Profile   Bookmark this reply Add Marve65 to your friends list Get a Link to this Reply

Quote:
am I correct in my understanding that auction houses don't deal with anything that is not graded?


If you don't grade them yourself there are auction houses that offer "Grade and Auction" programs. I mostly deal with Great Collections Auctions and they offer that service.
Edited by Marve65
05/16/2025 3:32 pm
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Zurie's Avatar
United States
5334 Posts
 Posted 05/16/2025  4:32 pm  Show Profile   Check Zurie's eBay Listings Bookmark this reply Add Zurie to your friends list Get a Link to this Reply
Just to give you a better idea of what you're dealing with, the 1881-CC would likely grade MS-63 or MS-64. If you sell it without first getting it graded, be sure to take really good photos so that potential buyers feel comfortable with their assessment of the grade.
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United States
20 Posts
 Posted 05/16/2025  5:06 pm  Show Profile   Bookmark this reply Add Morgana to your friends list Get a Link to this Reply

Quote:
If you don't grade them yourself there are auction houses that offer "Grade and Auction" programs. I mostly deal with Great Collections Auctions and they offer that service.


Thank you so much, that's good to know. I have seen Great Collections mentioned elsewhere, in a good light. My only experience has been with Heritage Auctions, who reached out to me when they were sending a rep to my state, but weren't interested in collections less than $5-10k. Which I understand.
Edited by Morgana
05/16/2025 5:08 pm
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