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1881-S Morgan Dollar Little Frosty Help Grade & Issue?

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mds308's Avatar
United States
1721 Posts
 Posted 11/03/2012  6:35 pm Show Profile   Bookmark this topic Add mds308 to your friends list Get a Link to this Message Number of Subscribers
Hi Everybody,

I decided to hit some small stores and the kind-of-local coin shop. I found this 1881S Morgan at a thrift/consignment store. The hand written grade on the flip was MS63. Was he close? Better or worse? Also, there is an issue on her cheek. Aside from the gouge, is this an error? Does this hurt the value? I'll share what I paid after I hear your comments. Thanks for all the help. If I made a mistake, I don't think it's a painful one.


1881-S-Morgan-Dollar-Little-Frosty-Help-Grade-&-Issue?

1881-S-Morgan-Dollar-Little-Frosty-Help-Grade-&-Issue?

1881-S-Morgan-Dollar-Little-Frosty-Help-Grade-&-Issue?



1881-S-Morgan-Dollar-Little-Frosty-Help-Grade-&-Issue?

1881-S-Morgan-Dollar-Little-Frosty-Help-Grade-&-Issue?

1881-S-Morgan-Dollar-Little-Frosty-Help-Grade-&-Issue?



1881-S-Morgan-Dollar-Little-Frosty-Help-Grade-&-Issue?

1881-S-Morgan-Dollar-Little-Frosty-Help-Grade-&-Issue?

1881-S-Morgan-Dollar-Little-Frosty-Help-Grade-&-Issue?

1881-S-Morgan-Dollar-Little-Frosty-Help-Grade-&-Issue?
Mike


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atlashealth's Avatar
United States
1691 Posts
 Posted 11/03/2012  7:24 pm  Show Profile   Bookmark this reply Add atlashealth to your friends list Get a Link to this Reply
tons of mint luster....MS-63
higher grade except for facial scarring
CONGRATS...$value around $75 IMHO
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babysitr's Avatar
United States
1339 Posts
 Posted 11/03/2012  7:51 pm  Show Profile   Bookmark this reply Add babysitr to your friends list Get a Link to this Reply
Nice coin! ms-62 if I'm buying......These common date morgans can be bought around here at local coin auctions for $35-40..Raw
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dave700x's Avatar
United States
10625 Posts
 Posted 11/03/2012  7:54 pm  Show Profile   Bookmark this reply Add dave700x to your friends list Get a Link to this Reply
MS61 tops.The hits on the cheek and in the field really hold it back.
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IndianGoldEagle's Avatar
United States
36878 Posts
 Posted 11/03/2012  8:21 pm  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
Yep, this one is way too baggy for a 63. I'm seeing an MS61.
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 11/03/2012  8:32 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
I have to wonder what they did with Morgans sometimes. Did they take them from the press, and rub them on pavement, face-down? This is the poster child for "obverse limited," which is so prevalent among Morgans I'm forced to wonder why.

MS62, and that appears to be a planchet void on the cheek.
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Bryan1315's Avatar
United States
14454 Posts
 Posted 11/03/2012  8:57 pm  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply
I believe they were a little off on grading as this coin is very baggy looking and 63 is very optimistic on it. I think maybe 61-62 is more what it would grade at a TPG but would not fall in the price where it is really worst sending in
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D0ubl3Eagle's Avatar
United States
5854 Posts
 Posted 11/03/2012  9:05 pm  Show Profile   Bookmark this reply Add D0ubl3Eagle to your friends list Get a Link to this Reply
I agree with MS-62.
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mds308's Avatar
United States
1721 Posts
 Posted 11/03/2012  9:10 pm  Show Profile   Bookmark this reply Add mds308 to your friends list Get a Link to this Reply
I don't feel too bad then. I purchased the Morgan and this way cool Baker & Moody Hatter Trade Token from Chicago. Probably 1850-1860s. I'll post this on another thread but here is a sneak peek. I paid $64.40 for both pieces and I believe the Hatter Token would do 40-80 on ebay. My dilemma is do I sell the token to pay for or help pay for the Morgan or do I keep both .



1881-S-Morgan-Dollar-Little-Frosty-Help-Grade-&-Issue?

1881-S-Morgan-Dollar-Little-Frosty-Help-Grade-&-Issue?
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dave700x's Avatar
United States
10625 Posts
 Posted 11/03/2012  9:33 pm  Show Profile   Bookmark this reply Add dave700x to your friends list Get a Link to this Reply
Very cool token. I would keep it and flip the Morgan.
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 11/03/2012  9:34 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
Aw, who cares? At $64 for both, you win either way. Given the prevalence of 1881-S Morgans, I'd sell it to justify the other if it's a question for you. You won't get much more than $40 for the Morgan, but those are common as leaves on the ground.
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mds308's Avatar
United States
1721 Posts
 Posted 11/03/2012  10:40 pm  Show Profile   Bookmark this reply Add mds308 to your friends list Get a Link to this Reply
Somewhat. They have a weird price spread on ebay and MS62 & MS63 have seen numbers in the 60-70 range plus some higher and of course some below the range. OK, SsuperDdave, you convinced me. They'll both stick around for a while. I'll set two more places for dinner.
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westcoin's Avatar
United States
9796 Posts
 Posted 11/07/2012  9:12 pm  Show Profile   Bookmark this reply Add westcoin to your friends list Get a Link to this Reply
No better than MS61 just a common BU dollar IMO...

The token on the other hand is super cool! What a neat find.
"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013!
ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector.

See my want page: http://goccf.com/t/140440
Edited by westcoin
11/07/2012 9:16 pm
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fenton's Avatar
United States
4989 Posts
 Posted 11/08/2012  08:49 am  Show Profile   Bookmark this reply Add fenton to your friends list Get a Link to this Reply
Good luster, excessive bad marks. Somewhere in the MS-61 to MS-62 range. Good example of the type of coin one finds in BU Morgan Rolls.
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nscoinkid1997's Avatar
Canada
138 Posts
 Posted 11/09/2012  9:44 pm  Show Profile   Bookmark this reply Add nscoinkid1997 to your friends list Get a Link to this Reply
MS-61
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acloco's Avatar
United States
3540 Posts
 Posted 11/09/2012  10:51 pm  Show Profile   Bookmark this reply Add acloco to your friends list Get a Link to this Reply
LOVE the token. Quite a piece of history there.

Agree on the 81 S - TREMENDOUS reverse. The bag mark...no...gouge, killed this coin. No gouge, probably a 66 coin. Knocked in the MS cellar to 61.

But, congrats on the additions to the family.

Of note, I would NOT feel bad about keeping this one....VERY good trade fodder down the road.
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