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Morgans From Coin Shop

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Jon Brand's Avatar
United States
1023 Posts
 Posted 08/15/2014  9:13 pm Show Profile   Bookmark this topic Add Jon Brand to your friends list Get a Link to this Message Number of Subscribers
Edit- natural cell phone pics post 4.

Please give your honest opinions on these coin shop buys. The 1880s was $300 and the 1881 was $80. Both have some crazy luster in person and the 1881 MS64 has CRAZY mirrors for its grade from what I can tell. But both have some chatter in different areas.

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Morgans-From-Coin-Shop

This coin was hard to shoot and all the little blemishes show up. She has a beard from some perspectives but still pretty IMO.


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The other..

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Edited by Jon Brand
08/15/2014 10:10 pm
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Jon Brand's Avatar
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 Posted 08/15/2014  9:35 pm  Show Profile   Bookmark this reply Add Jon Brand to your friends list Get a Link to this Reply
I just realized mu outdoor cell phone pictures are such better and show the coins much more nicely. I will post them up soon.
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TypeCoin971793's Avatar
United States
6370 Posts
 Posted 08/15/2014  9:40 pm  Show Profile   Bookmark this reply Add TypeCoin971793 to your friends list Get a Link to this Reply
You overpaid for the 1880 S. I looks like a MS-64 PL. Far too much chatter on both the field and the face for a true MS-66*. I would return it if I were you. Also, I think you paid a little much for the 1881, but it's closer to true market value.
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Canadian-Banknotes's Avatar
Canada
4944 Posts
 Posted 08/15/2014  10:03 pm  Show Profile   Bookmark this reply Add Canadian-Banknotes to your friends list Get a Link to this Reply
I like the 1881-S, and don't think the price you paid was too bad. Right around retail.

The cameo on the 81-S seems to be a little "scuffed", which gives the illusion of bag marks.
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Jon Brand's Avatar
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 Posted 08/15/2014  10:09 pm  Show Profile   Bookmark this reply Add Jon Brand to your friends list Get a Link to this Reply
Heres unedited cell phone pics from the car/sun.

1881
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Darth Morgan's Avatar
United States
2815 Posts
 Posted 08/16/2014  12:22 am  Show Profile   Bookmark this reply Add Darth Morgan to your friends list Get a Link to this Reply
The NGC price guide has the 1880-S MS66 at $355, but I'm surprised they gave it a 66 with all the scuffs on the face. It looks like a 64 to me.
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Jon Brand's Avatar
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 Posted 08/16/2014  12:26 am  Show Profile   Bookmark this reply Add Jon Brand to your friends list Get a Link to this Reply
It also seems to be a DMPL in person. I was wondering about that too. If I sent it to pcgs and they called it a 64dmpl would it be worth more or less?

This coin is VERY striking in person. It was brighter and stood out catching me eye above all the others in the store. It has that cameo thing with very reflective mirrors. Dont let the scuffs fool you. This thing shines like crazy and I guarentee you'll like it more in hand.

Still confused about the grade though...should I send to pcgs?
Edited by Jon Brand
08/16/2014 12:28 am
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 Posted 08/16/2014  01:39 am  Show Profile   Bookmark this reply Add chasingtailbar to your friends list Get a Link to this Reply
That '81-S is fine. The 1880-S looks overgraded now that I'm seeing pics on my laptop, looks a 65 at best. It got a * because, I'm guessing, the reverse doesn't meet PL specifications but the obverse does. Relatively common on '80-S's.
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johntookit's Avatar
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 Posted 08/16/2014  01:53 am  Show Profile   Bookmark this reply Add johntookit to your friends list Get a Link to this Reply

Quote:
That '81-S is fine. The 1880-S looks overgraded now that I'm seeing pics on my laptop, looks a 65 at best. It got a * because, I'm guessing, the reverse doesn't meet PL specifications but the obverse does. Relatively common on '80-S's.

and some coins just looks better in hand than the picture.
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Pittstate03's Avatar
United States
71 Posts
 Posted 08/16/2014  03:22 am  Show Profile   Bookmark this reply Add Pittstate03 to your friends list Get a Link to this Reply
I think it was a good purchase. The 81s is very nice for a 64 and the star on the 80s is worth $35 over bid probably any day. So, what you paid is not that far off. Good stuff.
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tpg22's Avatar
United States
919 Posts
 Posted 08/16/2014  06:47 am  Show Profile   Bookmark this reply Add tpg22 to your friends list Get a Link to this Reply
If you like the coins in hand then it doesn't really matter what others say by looking at photos. It is hard to get any good looking slabbed MS64 for under $70. If yours looks great in hand what is the big deal paying $80. It's about the coin not the slab.

If the 66* is graded that by NGC I doubt they are off by 2 full grades. Your comments are how nice it is in hand so enjoy it. If people think it is a 64 they will think you over paid no matter what. I don't think I would send it back to be regraded. It is a beautiful coin and I would have paid what you did without a question.
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John1's Avatar
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 Posted 08/16/2014  06:56 am  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
Hi Jon,
Over all you did good on those buys. I know the 81-S is common even in high grades but I am not a Morgan guy so I don't know much about them. FYI: Your photos look real good considering they are from a phone but it took a long time to load on my PC.Maybe you could crop them before posting?
John1
Valued Member
United States
320 Posts
 Posted 08/16/2014  07:56 am  Show Profile   Bookmark this reply Add Ant76 to your friends list Get a Link to this Reply
The 80 is beautiful. I would have passed on the 81 because of the edge toning. Unless you like that. Its such a common year, you could find a blast white one for the same money. If you like them and are happy is all that matters. Its cool to get opinions but dont doubt yourself if someone dosent agree with u. They are your coins. Nice additions to your collection.
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SsuperDdave's Avatar
United States
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 Posted 08/16/2014  09:38 am  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
I think they're both dynamite coins, and nicely bought. The 64 is a small fish in a huge sea of high-end 1881-S's, but it stands out as a strong 64 technically while boasting the little slivers of color on both faces that would make it the target coin in an auction competing against many similar. This one's quite liquid, thank you, and liquidity ought to be an attribute leveraged whenever possible when shopping for a coin, especially one which has plenty of competition at the grade.

The 1880-S is deceptive, and a clear victim of the harsh nature of digital photography. A nice frosty Morgan with luster breaks in the frost looks, under a digital sensor, just like a Morgan which fought the Mint bag equivalent of a hundred bar fights. I'm willing to bet that the most sensitive-possible laser measuring equipment would barely be able to measure a depth on the "marks" on the cheek - they could be bare molecules thick and look just as visible as a gouge to the camera.

And the fields are spectacular. You have to hold one of these to understand how skritches on the fields just visually disappear when you look at it in-hand. The power of the Prooflike luster washes away marks, and the very high contrast between those marks and the surrounding mirror-flat fields overemphasizes field chatter as well when under a digital sensor.

Again, a pretty liquid coin. 1880-S in 66 is a reachable grade for an average collector committed to Morgans - there are plenty in higher grades to tempt the deeper pockets, while any MS66 Morgan is still a spectacular coin. The star adds value even for someone buying the coin and not the slab - one look at those fields, microns from being Prooflike, and you know why the star is there. People will reach a bit beyond their budgets for this coin, but like the first it'd have to be presented carefully to realize maximum resale value. These would sell themselves in-hand a lot faster than they would in an online auction.

And oh, heck yes, I'd have either of them in my collection in an instant.
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Domain555's Avatar
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 Posted 08/16/2014  09:55 am  Show Profile   Bookmark this reply Add Domain555 to your friends list Get a Link to this Reply

Quote:
And oh, heck yes, I'd have either of them in my collection in an instant.




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Darth Morgan's Avatar
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 Posted 08/16/2014  2:25 pm  Show Profile   Bookmark this reply Add Darth Morgan to your friends list Get a Link to this Reply
Let me just add that I'm glad to see you buying more Morgans! They are truly spectacular coins, and I would have paid $380 for them with no problem.
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