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1896-O Silver Morgan

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Dav40828's Avatar
United States
4 Posts
 Posted 07/18/2012  02:54 am Show Profile   Bookmark this topic Add Dav40828 to your friends list Get a Link to this Message Number of Subscribers
How would you grade this one? Does it look cleaned? It looks beautiful but maybe too shinny


1896-O-Silver-Morgan

1896-O-Silver-Morgan
Pillar of the Community
United States
3184 Posts
 Posted 07/18/2012  04:16 am  Show Profile   Bookmark this reply Add mkman123 to your friends list Get a Link to this Reply
ms62-63
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dave700x's Avatar
United States
10625 Posts
 Posted 07/18/2012  07:45 am  Show Profile   Bookmark this reply Add dave700x to your friends list Get a Link to this Reply
1896-O is one of Morgans that is conditionally rare and the TPG's are very critical on them. I think the best this could do is AU58. Very nice example though.
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jeffrose's Avatar
United States
1432 Posts
 Posted 07/18/2012  08:32 am  Show Profile   Bookmark this reply Add jeffrose to your friends list Get a Link to this Reply
I agree with 62/63 and don't think it has been cleaned.
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IndianGoldEagle's Avatar
United States
36738 Posts
 Posted 07/18/2012  09:12 am  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
Looking closely at the cheek and breast feathers I've got to go with a nice slider AU-58.
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D0ubl3Eagle's Avatar
United States
5854 Posts
 Posted 07/18/2012  10:28 am  Show Profile   Bookmark this reply Add D0ubl3Eagle to your friends list Get a Link to this Reply
It looks like there is just a touch of wear, so AU-58.
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 07/18/2012  7:01 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
The surfaces look original, but....

It's a $200 coin in AU and a $2500+ coin in MS62. I really don't see a TPG creating wealth to that extent; they're running scared these days. To my (slightly) educated eye, there's a strong argument in favor of this being a Mint State, weak-strike New Orleans coin. Not that I'd expect to see it that way in a slab.
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fenton's Avatar
United States
4989 Posts
 Posted 07/18/2012  9:19 pm  Show Profile   Bookmark this reply Add fenton to your friends list Get a Link to this Reply
Somewhat subjective but to me this has the look of an AU coin or possibly an MS one that has been over-dipped. In either case, I think AU-58 is the appropriate market grade.
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 Posted 07/19/2012  5:43 pm  Show Profile   Bookmark this reply Add 1893S to your friends list Get a Link to this Reply
AU53-55
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murty's Avatar
United States
1353 Posts
 Posted 07/19/2012  7:29 pm  Show Profile   Bookmark this reply Add murty to your friends list Get a Link to this Reply
Au-55 is my take on this one.Above the ear looks a little worn. Also does not look cleaned.
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 Posted 07/20/2012  12:07 am  Show Profile   Bookmark this reply Add jmkendall to your friends list Get a Link to this Reply
I'm going to go with Ssuper Dave on this one. It looks like a weak strike no matter what the grade. I say that because although the breast feathers are an issue I can't really see wear on the wing tips or other high areas on the reverse. I would have to see it in hand but AU58 if I can see wear in hand or ms62...though I think it might well technically grade as an ms63...but I agree I just don't see them handing you that kind of money.
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IndianGoldEagle's Avatar
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36738 Posts
 Posted 07/20/2012  12:12 am  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
Hair above ear and breast feathers could be weak strike. But looking at the cheek, side of the nose and above the eye does not give me the feeling this is mint state.
Only way to know for sure is to send it in for grading.
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ammarabdulfattah's Avatar
Egypt
139 Posts
 Posted 07/20/2012  1:38 pm  Show Profile   Bookmark this reply Add ammarabdulfattah to your friends list Get a Link to this Reply
Love the details. Looks like an MS62 to me. But that is only me.
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1554 Posts
 Posted 07/20/2012  2:39 pm  Show Profile   Bookmark this reply Add 1893S to your friends list Get a Link to this Reply
This to me is a perfect example of a "two beer dollar". The strike is good, the luster is good, minimal bagmarks, but put into circulation by the New Orleans mint and then taken out of circulation a month later and resealed in to Treasury Bags. This happened frequently with Morgans struck at the New Orleans Mint. There are many sliders of this date. The photo shows wear on the eagles breast, not a weak strike.
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westcoin's Avatar
United States
9792 Posts
 Posted 07/21/2012  03:09 am  Show Profile   Bookmark this reply Add westcoin to your friends list Get a Link to this Reply
I think AU-53 and no to the cleaning, this might be a good candidate for TPG, a MS-62 grade could net you a lot of profit it comes back that way, but odds are it will grade at low AU, still a very nice coin.
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