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Black Patina

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Docbink's Avatar
United States
19 Posts
 Posted 10/22/2013  6:32 pm  Show Profile   Bookmark this reply Add Docbink to your friends list Get a Link to this Reply
Sent in a 100 of the Morgans already..18/ms63..32/ms64...33/ms65..1/63pl...3/64pl.. 7/64+..2/65+ and 2/66 and 2 ungradeable. I'm pretty excited !
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Docbink's Avatar
United States
19 Posts
 Posted 10/22/2013  6:42 pm  Show Profile   Bookmark this reply Add Docbink to your friends list Get a Link to this Reply
@1893s...thanks, I like it too! I'm still going to grade it.
Pillar of the Community
United States
1554 Posts
 Posted 10/22/2013  7:09 pm  Show Profile   Bookmark this reply Add 1893S to your friends list Get a Link to this Reply
The 1881-S is the poster child for a beautiful Morgan. Even lower graded MS 81-S' luster have the halo/pop out effect. Good luck!
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United States
1590 Posts
 Posted 10/26/2013  12:48 am  Show Profile   Bookmark this reply Add jmkendall to your friends list Get a Link to this Reply
I'm with 1893S. I have seen quite a few coins like this. Though they tended to be somewhat older coins from the 1860s and earlier. I travel around quite a bit and for some reason note many more coins with black tarnish on the West Coast, particularly California than other parts of the country.
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BStrauss3's Avatar
United States
4593 Posts
 Posted 10/26/2013  10:50 am  Show Profile   Bookmark this reply Add BStrauss3 to your friends list Get a Link to this Reply

Quote:
... for some reason note many more coins with black tarnish on the West Coast, particularly California than other parts of the country.


Not really a surprise, CA has a number of air pollution problems (and used to be A LOT worse)...

For example from http://www.baaqmd.gov/Divisions/Com...lutants.aspx:

Hydrogen Sulfide
A colorless gas with a strong "rotten egg" odor, hydrogen sulfide (H2S) can be smelled at very low concentrations. It discolors paints and tarnishes many metals. This gas is produced largely at sewage treatment plants and at oil refineries as a by-product in refining crude oil. Concentrations of H2S are limited by District regulations.
-----Burton
50+ year / Life / Emeritus ANA member (joined 12/1/1973)
Life member: Numismatics International, CONECA
Member: TNA, FtWCC, NETCC, EveryCountry (online) coin club
Owned by three cats and a wife of 40+ years (joined 1983)

Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/
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Darth Morgan's Avatar
United States
2815 Posts
 Posted 10/26/2013  11:19 am  Show Profile   Bookmark this reply Add Darth Morgan to your friends list Get a Link to this Reply
50 rolls of 1881-S Morgans? . You mentioned that you have 15 rolls. Were the rolls divided up among family members? Who originally saved these in the bank vault? Please post some pics!
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Docbink's Avatar
United States
19 Posts
 Posted 10/26/2013  3:19 pm  Show Profile   Bookmark this reply Add Docbink to your friends list Get a Link to this Reply

@ Darth Morgan It was my Great Great Grandfather, my uncle took most of them (they were actually his) and he gave me 22 rolls: 15 of the 1881s, 2 1885 o, 5 1921. Here is one roll layed out (i try not to move them or take them out of the rolls). I just got back 5 rolls from pcgs today!
Black-Patina
Black-Patina
Black-Patina
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United States
1554 Posts
 Posted 10/26/2013  3:28 pm  Show Profile   Bookmark this reply Add 1893S to your friends list Get a Link to this Reply
Very nice! You lucky son of a gun. I wish I could meet with you and look at them all.
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 10/26/2013  3:51 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
Had I known, I'd have dissuaded you from sending these to be graded. Look at it this way: PCGS has already graded nearly 50,000 1881-S's in MS65 - it's probably the least-expensive Morgan in MS65 and MS66 (an MS66 is barely $250).

Are there 50,000 buyers for MS65 1881-S's? No. The vast majority of them are in the hands of bulk holders like yourself, with no sales outlet due to lack of demand. Were liquidation in your plans, you'd probably have done better selling them raw by the roll to speculators.

1885-O is little better; lesser populations but similar prices (which should tell you a lot about the market, when a population of 17,000 in grade is just as cheap as a pop of 50,000).
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solotime's Avatar
United States
2311 Posts
 Posted 10/26/2013  10:07 pm  Show Profile   Bookmark this reply Add solotime to your friends list Get a Link to this Reply
Thanks for the pictures!!

If you get 250 post you can sell them here, lol.
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