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1885-O Morgan

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TLS5933's Avatar
United States
1703 Posts
 Posted 02/24/2007  5:18 pm Show Profile   Bookmark this topic Add TLS5933 to your friends list Get a Link to this Message Number of Subscribers
this coin has been graded by PCGS.I would like your opinion as to what you think it grades.
Thanks

1885-O-Morgan

1885-O-Morgan
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 02/24/2007  5:22 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
Well, I took my time with this one.

Wouldn't be at all surprised to see it in a 66 slab.
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Metalman's Avatar
United States
7123 Posts
 Posted 02/24/2007  5:52 pm  Show Profile   Bookmark this reply Add Metalman to your friends list Get a Link to this Reply
I have to disagree with dave and give it a 67 ,, the coin is exceptionally well struck !!

a whole bunch better than my miserable example of this date and mint !!

Metalman
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okie-colin's Avatar
United States
1083 Posts
 Posted 02/24/2007  8:09 pm  Show Profile   Bookmark this reply Add okie-colin to your friends list Get a Link to this Reply
I'll go 67! Beautiful!
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TLS5933's Avatar
United States
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 Posted 02/24/2007  8:44 pm  Show Profile   Bookmark this reply Add TLS5933 to your friends list Get a Link to this Reply
Well, I would wait to see what others thought but it seems most of us agree so far. This is in a first generation PCGS slab and I believe its very undergraded.I picked this one up last week,just because I couldn't believe the grade.


1885-O-Morgan
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Metalman's Avatar
United States
7123 Posts
 Posted 02/24/2007  8:54 pm  Show Profile   Bookmark this reply Add Metalman to your friends list Get a Link to this Reply
I can see why collectors pay good money for the opinions of PCGS !!! I have been wrong all these years !! Those guys know their stuff !!


1885-O-Morgan I am never going to learn to grade these coins with this type of thing going on !!

Metalman
Edited by Metalman
02/24/2007 9:22 pm
Pillar of the Community
TLS5933's Avatar
United States
1703 Posts
 Posted 02/24/2007  9:04 pm  Show Profile   Bookmark this reply Add TLS5933 to your friends list Get a Link to this Reply
Rick,
I believe this is a rare one. I have never seen one so undergraded,compared to the grading thats done today.I have heard it said that the old green lables were undergraded but this is the first I have seen of it.
Terry
Edited by TLS5933
02/24/2007 9:05 pm
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 Posted 02/25/2007  07:29 am  Show Profile   Bookmark this reply Add Southern Yankee to your friends list Get a Link to this Reply
Very clean looking coin. Is that a rim hit at 1 o'clock? This one looks to be on the coin and not part of the slab as the other 2 are. How much do rim hits play in the grading of these? I could see it as a 66 if that's not a hit. Just my opinion.
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TLS5933's Avatar
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1703 Posts
 Posted 02/25/2007  07:59 am  Show Profile   Bookmark this reply Add TLS5933 to your friends list Get a Link to this Reply
Mike,
There are no rim hits on this coin.What you are seeing is part of the encapsulation that holds the coin in place.Although rim dings will downgrade a coin in general.
Terry
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 02/25/2007  12:34 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
MS63? O_O
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 Posted 02/25/2007  1:25 pm  Show Profile   Bookmark this reply Add Southern Yankee to your friends list Get a Link to this Reply
I'd be interested to see what that comes back as. You are going to resubmit it aren't you?
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TLS5933's Avatar
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1703 Posts
 Posted 02/25/2007  1:44 pm  Show Profile   Bookmark this reply Add TLS5933 to your friends list Get a Link to this Reply
Mike,
No I'm not going too.Unless I was sure it would come back two full points higher then It would be worth it.If it came back as MS64 then it would have been money spent for nothing.
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tights24's Avatar
United States
2254 Posts
 Posted 02/25/2007  2:08 pm  Show Profile   Bookmark this reply Add tights24 to your friends list Get a Link to this Reply
TLS, I think it would depend on what you spent on this bad boy. RedBook has MS64 at $65. If you paid ~$30, I personally think it may be worth the chance...Especially since it could come back graded a 65 or 66. Just doing the math in my head is all.

But I do wonder how high they would go if you sent it in in the original slab. Do you think you'd have to send it in raw to have a chance of seeing 66?
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TLS5933's Avatar
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 Posted 02/25/2007  3:40 pm  Show Profile   Bookmark this reply Add TLS5933 to your friends list Get a Link to this Reply
As tight as grading is right now,I doubt it would see MS66.MS65 maybe,MS64 likely.At that grade I would lose money having it graded.I paid $40 for it, you can figure another $30 to have it graded with shipping costs.If it came back MS64 I would lose money.
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hadleydog's Avatar
Canada
1267 Posts
 Posted 02/25/2007  6:38 pm  Show Profile   Bookmark this reply Add hadleydog to your friends list Get a Link to this Reply
I see enough chatter in the field in front of the portrait to keep this beauty out of a 66 holder, but the coin sings ms65 all day long. Please, keep this girl in the first generation rattler......the rattler holders are collectible by themselves and are worth a premium.
TLS5933, these are not what we refer to as green label holders, they were about 2 generations later and look similar to the blue labeled pcgs slabs of today.
Edited by hadleydog
02/25/2007 6:40 pm
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 02/25/2007  8:50 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
MS63? O_O
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