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Ungraded Morgans- 1885 And 1897

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New Member

United States
36 Posts
 Posted 12/15/2011  05:50 am Show Profile   Bookmark this topic Add calikevin to your friends list Get a Link to this Message Number of Subscribers
What do you all think about these bad boys?

1885
Ungraded-Morgans--1885-And-1897
Ungraded-Morgans--1885-And-1897

1897
Ungraded-Morgans--1885-And-1897
Ungraded-Morgans--1885-And-1897
Pillar of the Community
United States
1554 Posts
 Posted 12/15/2011  08:53 am  Show Profile   Bookmark this reply Add 1893S to your friends list Get a Link to this Reply
Looks like an AU coin and a VG coin.
New Member
United States
36 Posts
 Posted 12/15/2011  5:43 pm  Show Profile   Bookmark this reply Add calikevin to your friends list Get a Link to this Reply
What grades AU and VG though? Is it AU and not MS because of the toning and minor nicks?
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United States
1554 Posts
 Posted 12/15/2011  6:09 pm  Show Profile   Bookmark this reply Add 1893S to your friends list Get a Link to this Reply
The 1885 is AU because it has seen circulation. It's value is $35-$40 depending on who buys it from you. the 1897 is worth about $30, or less than $25 if you sell to a dealer.
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D0ubl3Eagle's Avatar
United States
5854 Posts
 Posted 12/15/2011  6:17 pm  Show Profile   Bookmark this reply Add D0ubl3Eagle to your friends list Get a Link to this Reply
I will go with AU-53/55 on the first and VG-8 with some light scratches on the second. The first coin grades AU because there is friction that disturbed the natural mint luster. If you compare the surface around the chin to the area just under her hair and the area around the stars and letter you will notice that there is a slight difference in the way light reflects of those surfaces. Toning and marks do not keep a coin from grading MS. There are coins where an entire side is toned and others that had more marks than yours and they still grade MS.
Edited by D0ubl3Eagle
12/15/2011 6:22 pm
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yankee1227's Avatar
United States
1151 Posts
 Posted 12/15/2011  6:18 pm  Show Profile   Bookmark this reply Add yankee1227 to your friends list Get a Link to this Reply
Some dealers are paying $25 for Morgans? My dealer pay $15 on a good day. That's why I don't sell to him
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United States
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 Posted 12/15/2011  6:22 pm  Show Profile   Bookmark this reply Add 1893S to your friends list Get a Link to this Reply
I said less than $25, you must have a real cheap dealer!
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36 Posts
 Posted 12/15/2011  9:32 pm  Show Profile   Bookmark this reply Add calikevin to your friends list Get a Link to this Reply
How can you tell it was caused by friction and not just toning? BECAUSE of the difference in shades? This doesn't happen with toning?
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 12/16/2011  02:02 am  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply

Quote:
How can you tell it was caused by friction and not just toning? BECAUSE of the difference in shades? This doesn't happen with toning?


It has nothing to do with the toning. The coin is worn. It's seen circulation. Not much, but it's circulated. It's plain to anyone who has looked at more than a few hundred Morgans.
New Member
United States
36 Posts
 Posted 12/16/2011  04:11 am  Show Profile   Bookmark this reply Add calikevin to your friends list Get a Link to this Reply
So the toning and wear are unrelated? It's possibly to have both?

That's why I'm asking, so I know how to spot the difference... It almost looks like the toning is being worn off on the left side of the coin a bit. Is that how you determine wear?
Edited by calikevin
12/16/2011 04:35 am
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j_h_s's Avatar
United States
1934 Posts
 Posted 12/16/2011  07:45 am  Show Profile   Bookmark this reply Add j_h_s to your friends list Get a Link to this Reply
The coin tones for/from various environmental reasons, particularly if it's collected and/or stored for long periods of time.

AU stands for "About Uncirculated" as in, "just about, but not, uncirculated."

The wear and dings on the coin show it's been circulated...the toning, "then stored" (that's one scenario)

I'd say AU53/55 is fair.



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Piffin's Avatar
United States
299 Posts
 Posted 12/17/2011  10:09 pm  Show Profile   Bookmark this reply Add Piffin to your friends list Get a Link to this Reply
The 97bisn practically destroyed byb harsh cleaning, IMO.

The former shows as au 58 for wear on the surface, fields, and rim ding at seven o'clock
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coinguybrian's Avatar
United States
5375 Posts
 Posted 12/17/2011  11:22 pm  Show Profile   Bookmark this reply Add coinguybrian to your friends list Get a Link to this Reply
The real give-away of an AU vs unc coin is the circulation hairlines on the cheek, and slightly muted luster in the fields. You can see what looks slightly like 'slide marks' there.
New Member
United States
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 Posted 12/18/2011  01:40 am  Show Profile   Bookmark this reply Add calikevin to your friends list Get a Link to this Reply
Thank you j_h_s, Piffin and Shadow! All very helpful for my future coin ventures.
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