I Was Pretty Excited To Get This Coin In Today (New Pics!) - Page 2

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Author	Replies: 21 / Views: 2,580	Page: of 2

kanga Pillar of the Community United States 5825 Posts	Posted 08/31/2013 10:24 am Nice coin. So many of those GSA Morgans were not handled well and come back MS-61 or -62. Report this Post to the Staff
Canadian-Banknotes Pillar of the Community Canada 4944 Posts	Posted 08/31/2013 11:41 am Another Great Coin FadeToBlack! Report this Post to the Staff
FadeToBlack Pillar of the Community 1751 Posts	Posted 08/31/2013 11:45 am Pristine, it's in a GSA slab case, so no replacing that. The case itself is in pretty good shape overall, just those problematic hairline scratches all over it. I may try to polish it up a bit today, gotta read up on how GSA slabs do with that first. My issue isn't with the technical grade of the coin, it's a nice 64, my issue is with the DPL designation. I LOVE true DPL Morgans, this just misses the mark by probably a hundred or so strikes. Dave, I was under the impression the bags were weighed to determine if they were short or not, so the coins would never actually be removed from the bags and counted? I'm actually 100% sure that was the mint policy on counting coin. Still, the shifting of the bags, picking them up, dropping them (they would weigh like, 60 pounds) would beat the coins up a good bit. While many GSA Morgans are low grade, with some patience you can get good deals on higher grade examples. I have at least two that will grade 65, and four that will probably go 64, maybe one would be 63... paid about 200 each all in all. People don't realize that GSA's can carry very nice premiums if the coins contained within are of premium quality and they end up selling you a 65 for the price of a 63. Report this Post to the Staff
dave700x Rest in Peace United States 10625 Posts	Posted 08/31/2013 12:17 pm Quote: Dave, I was under the impression the bags were weighed to determine if they were short or not, so the coins would never actually be removed from the bags and counted? Maybe, but Q. David Bowers wrote in the Red Book of Morgan dollars that bags were opened and physically counted by machine or by hand at regular intervals at least once a year before being sealed in vaults years after being struck(on page 37 to be exact). Edited by dave700x 08/31/2013 12:18 pm Report this Post to the Staff
FadeToBlack Pillar of the Community 1751 Posts	Posted 08/31/2013 12:33 pm I have that around here somewhere, I'll have to go back and read that again. Seems like a huge waste of manpower. Report this Post to the Staff
dave700x Rest in Peace United States 10625 Posts	Posted 08/31/2013 12:37 pm Yeah, It's time for me to read it again too. It's been a while. Report this Post to the Staff
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