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Your Opinion On This 1878-S Morgan?

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chefhemi13's Avatar
United States
86 Posts
 Posted 09/02/2012  6:18 pm Show Profile   Bookmark this topic Add chefhemi13 to your friends list Get a Link to this Message Number of Subscribers
My grandpa left me this coin when he passed away.. I was thinking about having it graded. What do you guys think it would grade as? Is it a DMPL? Do you think it would be worth having it graded?

Your-Opinion-On-This-1878-S-Morgan?

Your-Opinion-On-This-1878-S-Morgan?
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smokeriderdon's Avatar
United States
3755 Posts
 Posted 09/02/2012  6:26 pm  Show Profile   Bookmark this reply Add smokeriderdon to your friends list Get a Link to this Reply
The reverse could certainly garner a PL, but not so sure about the obverse. I would certainly send it into ANACS for grading.
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barryg's Avatar
United States
5841 Posts
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CaptainFwiffo's Avatar
United States
4132 Posts
 Posted 09/02/2012  7:46 pm  Show Profile   Bookmark this reply Add CaptainFwiffo to your friends list Get a Link to this Reply
That reverse is super-duper-DMPL, but not the obverse. Probably NGC would give it a star but not a PL or DMPL designation.
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chefhemi13's Avatar
United States
86 Posts
 Posted 09/02/2012  7:47 pm  Show Profile   Bookmark this reply Add chefhemi13 to your friends list Get a Link to this Reply
Thanks for the feedback so far guys! Any idea on it's value?
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chefhemi13's Avatar
United States
86 Posts
 Posted 09/02/2012  10:18 pm  Show Profile   Bookmark this reply Add chefhemi13 to your friends list Get a Link to this Reply
To tie in with my last question, What do you think it would grade, as well as the price?
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United States
3184 Posts
 Posted 09/02/2012  10:29 pm  Show Profile   Bookmark this reply Add mkman123 to your friends list Get a Link to this Reply
we need better pics, sometimes cleaned coins can have a DMPL look. Send it in to NGC
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D0ubl3Eagle's Avatar
United States
5854 Posts
 Posted 09/02/2012  10:56 pm  Show Profile   Bookmark this reply Add D0ubl3Eagle to your friends list Get a Link to this Reply
The reverse looks like it could very likely be DMPL. The obverse doesn't look as reflective but might be PL in hand. Looks like a good candidate for a star from NGC. Based on the shots provided, I think it is MS but straight on shots would be needed to accurately grade and value the coin. I am curious if what I am seeing near BUS on the obverse are marks/scratches. Your grandpa left you a very nice coin!
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sel_69l's Avatar
Australia
21786 Posts
 Posted 09/02/2012  11:11 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
One of the best PL reverses I have seen here in the CCF!

Good strike on both sides as well. One or two barely visible scuffs on the obverse, in front of Libery's face. One or two barely visible marks near 'TES OF', (rev.), but I can't make up my mind if they are dust or not.

MS64PL.
I only wish the the obverse was DM as well!
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Bryan1315's Avatar
United States
14454 Posts
 Posted 09/03/2012  12:26 pm  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply
I will say its a MS-64 maybe even a 65 and has a DMPL Reverse. The Obverse may be PL but to me it doesn't really look like it. Looks like something happened to the Reverse die so they swapped it out and kept on using the Obverse die that was still in pretty good shape. You have to remember in 1878 the Morgan dollar was still new and they had allot of problems at every mint because of poor annealing of the dies and they may mint 20-30 coins and just bust apart and that would give you a nice looking Obverse die like it looks like was used here that has been used enough to remove what it would take to still mint DMPL or even PL coins paired with a new Reverse die that does have DMPL surfaces. I have seen quite a few Morgans with one side DMPL surfaces because of this
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Captain Morgan's Avatar
United States
620 Posts
 Posted 09/03/2012  12:30 pm  Show Profile   Bookmark this reply Add Captain Morgan to your friends list Get a Link to this Reply
Looks like a at least MS-64 and the reverse look proof like to me
Great coin to have slabbed and graded by NGC
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cjtm92's Avatar
United States
140 Posts
 Posted 09/03/2012  12:49 pm  Show Profile   Bookmark this reply Add cjtm92 to your friends list Get a Link to this Reply
Unfortunately no matter how strong one side is proof like, if both aren't in all areas of the field, it will only grade Mint State. It's a beautiful coin, without a doubt, but I don't see it grading higher than MS64 or MS65. Definitely a keeper!!
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sel_69l's Avatar
Australia
21786 Posts
 Posted 09/03/2012  8:47 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
ctjm92: You have indicated exactly why BOTH sides a coin should be graded independently, if there is a varience in grade.

That is normally done in Australia, for auction catalogues.

It this coin were to appear in an Australian auction catalogue, it would have be graded
MS64 / MS64 DMPL.
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smokeriderdon's Avatar
United States
3755 Posts
 Posted 09/03/2012  10:39 pm  Show Profile   Bookmark this reply Add smokeriderdon to your friends list Get a Link to this Reply
Grade, I am in with the other folks at MS64. I do not believe the obverse is PL like I said. That would keep a PL designation off any slab.
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Bryan1315's Avatar
United States
14454 Posts
 Posted 09/04/2012  03:38 am  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply
the Morgan dollar I had in my 7070 lbum was an Obverse DMPL and the Reverse wasn't even Pl (exactly opposite of the OP's coin) and ANACS actually labeled it as such. Here is a picture of the label, this was when they were using the Blue labels so I am not sure if they still do this or not but I am guessing it hasn't changed

Your-Opinion-On-This-1878-S-Morgan?
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chefhemi13's Avatar
United States
86 Posts
 Posted 09/04/2012  2:05 pm  Show Profile   Bookmark this reply Add chefhemi13 to your friends list Get a Link to this Reply
Thanks so much for the feedback guys, I'm really hoping that the TPG grades it DMPL because that's the difference between $1,000+! Be praying for me ;). One more question! When I do send it in, which TPG would you guys recommend for this Morgan?
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