Is anyone aware of a good site that explains the details of grading? My buddy just inherited eight rolls of uncirc Morgans. Is there a site that will show me how to determine whether these are MS 63, 64, 65, etc. ?
Also, I thought that some of the grading companies list somewhere how many of each MS level they have graded, but I looked in vain.
And one last thing, is there someplace on this site that I can look up how many posts I have?
Just in Nov the site About.com . coins,(This is great site covers loads of topics like wood, gardens,paranormal, etc, coin just one thing) updates its US coins grade......They tell yu indepth grade Lincoln, buffalo, mercs, and just now,,Morgan dollars value and priceing updated....James Bucki about coins........His new article for end of nov.....well worth the read as Yu question...
For what it's worth, photo grade alone makes it pretty hard to grade Morgans if you aren't used to looking at them. Your friend will probably be able to tell a 63 from a 61 using pictures, but it's hard even for experienced collectors to assign an exact and correct grade.
Have your friend read the guess the grade threads in the US Classic Grading forum. Those helped me learn a lot about Morgans quickly.
Quote: Have your friend read the guess the grade threads in the US Classic Grading forum. Those helped me learn a lot about Morgans quickly.
I should have addressed this with my last post. Bilboleslie, it's imperative that you get a listing of those coins up here for our help, if you want to do the best you can by your friend. Some Morgans are true Condition Rarities in Mint State, and others could be real value-added varieties. It's far more complex than other issues in that sense - the right variety could turn a $100 coin in MS63 to a $1000 coin very easily.
The ANA Grading guide book published by Whitman is also a very good reference and a good way to better understand all the factors that go into grading a coin, such as: Strike, luster, die quality, etc. Then covers circulation wear amounts from AU (Almost Uncirculated) down to Poor. Don't for get a coin has 3 sides obverse, reverse, and the rim, always make sure the rim has no damage as well when grading coins. The PCGS website photograde is an awesome place to start as mentioned.
"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.
PCGS has done a three part webinar on their standards of grading which will tell you a lot of how there thinking process, I don't like how they come up with some of the not gradable coins in part 3 it's so subjective and they state a coin may be completely original but look ugly so it's not going into a PCGS holder. There call I suppose they only want the best in a PCGS holder, but to not call an uncirculated coin with ugly toning gradable is not a correct stance in my opinion.
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Part 2
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"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.
Another key point as you click on the videos Westcoin posted for you is that as with most portrait coins the most important prime focal area on a Morgan dollar is going to be the cheek. So how many marks and hits there is going to have a major factor for any MS grade (60 and above). Now keep in mind that each series of coin is different in what the prime focal areas are.
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