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 Replies: 10 / Views: 1,734 |
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Valued Member
357 Posts |
I'm looking at purchasing a few Morgans and restarting my collection with the goal of acquiring as many dates and mint marks as possible. I came across an 1878 S Reverse Morgan dollar graded by the DWM as MS-63. If purchased would it best to break it out of the holder and send it to PCGS, or is the Denver West Mint good at grading silver dollars? |
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Valued Member
 357 Posts |
By the way, the coin in question is an 1878-S 7-TF Morgan dollar Reverse-Out Slab. I'm a bit skeptical since it appears the coin isn't listed on the PCGS price guide. |
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Moderator
 United States
23522 Posts |
HAHAHAHAHAHAHAHAHAH*snort* Denver West Mint? HAHAHAHAHAHAHAHA I'm so sorry.  Um, pass it by. You'll thank me for it. At best, severely overgraded; at worst, and almost certainly, artificially toned. If there's any color on the coin, they put it there. Quote:
Reverse-Out Slab This means nothing except that they stuck it into the slab with the reverse facing front. That's probably the side they artificially torched. |
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Pillar of the Community
United States
4212 Posts |
A qoute from another forum:"The "Denver West Mint" may end up being located in a jail cell in Colorado!"
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Pillar of the Community
United States
3184 Posts |
Trust PCGS, NGC or ANACs and thats it
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Pillar of the Community
United States
688 Posts |
Never heard of the DWM before this thread, but after doing some quick research on the internet, it appears SsuperDdave is 100% correct.
Many complaints about artificial toning and over-graded coins. Proceed with extreme caution!
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Moderator
United States
23522 Posts |
That's not to say you can't luck into a good coin from them, but 1878-S is a pretty common one and you can count on a DWM coin being overpriced and overgraded. If it has color, just walk away.
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Pillar of the Community
United States
3453 Posts |
SsuperDdave know a thing or two about Morgans, he will not steer you wrong.  |
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Pillar of the Community
United States
8137 Posts |
After doing a 2 minute google search, I would advise to stay away from it. They grade a TON of coins that are artifically toned.
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Moderator
United States
23522 Posts |
Quote:
They grade a TON of coins that are artifically toned. Straight from the factory to you.  |
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Valued Member
357 Posts |
Thanks everyone. I'll stay away from the coins.
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Replies: 10 / Views: 1,734 |
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Posted 01/03/2014 4:34 pm
