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 Replies: 7 / Views: 1,425 |
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Valued Member
United States
73 Posts |
I've had this 1889 cc Morgan dollar around since I was a kid, basically sitting in a lock box for the past 25 years (and before that it was sitting in private coin collection for 60+ years I believe). Finally got around to taking a couple pictures of it a while back, figured that I'd finally see what people thought the grade was. It has some unusual toning on the back, not really sure what it's from...when I was younger, I was bummed about it, ironically now that I'm older I think it's kind of unique and cool. Pictures of the coin below. Thanks   |
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Moderator
 United States
23522 Posts |
I don't see anything alarming about the toning; it's just a sample of the process at a pretty advanced stage. If it were cleaned in the distant past and allowed to retone - the areas of "relief" around the reverse letters might hint at that - I believe what's here would be considered market-acceptable. As regards grade, I'd call it VF25-30. The toning might detract somewhat from the ultimate selling price, but in a slab (it would have to be in a slab), it's still a >$1000 coin.
It looks to be an authentic example of the most common die pair used, but obviously would need to be professionally authenticated.
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Valued Member
 United States
73 Posts |
Yeah I figured that it would have to be in a slab someday if I was to sell it. Wasn't concerned too much about it being a fake, unless they were making fakes of this dollar in 1930. :) Not planning on ever selling it, but it is nice to know exactly what you have (since there's a wide price difference between a vf-20 and an xf-40 1889 cc). I bought it from an estate sale from a guy who had been collecting coins his entire life as they came into his hardware store, I think he was around 80 or 85 when he passed away. It honestly wasn't even worth that much when I bought it ($100? $160?) but it went way up between 1990 and 2004 and then has been basically flatlined the past 10 years.
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Moderator
United States
16677 Posts |
I'd also go VF25 on this nice Morgan.
I'd recommend PCGS for slabbing.
swcoin.ecrater.com
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Bedrock of the Community
Canada
11922 Posts |
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Pillar of the Community
United States
4989 Posts |
VF-25 with nice original toning
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Valued Member
United States
73 Posts |
Thanks for the feedback guys, I appreciate it.
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Pillar of the Community
United States
9792 Posts |
Yep  VF25 may or may not details on the surface issue, hard to tell, it may be pitting, but would need sharper clearer photos to tell for sure. Slab this coin at PCGS and it's worth between $800-1200 as it is, if it comes back details might be on the lower end of that. "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 |
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Replies: 7 / Views: 1,425 |
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Posted 07/07/2013 6:29 pm
