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 Replies: 15 / Views: 1,504 |
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Pillar of the Community
United States
7390 Posts |
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Pillar of the Community
 United States
1551 Posts |
It's not a VAM-5. The VAM-5 has rust dots all over the Eagle that look like sand crystals.
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Pillar of the Community
United States
4883 Posts |
It appears to me to be one of the "tilted left O" VAM's. Very nice coin, though, and it appears to be in a PCGS holder. I'd guess it was graded MS65, and a "+" or 66 wouldn't surprise me at all. Colligo ergo sum
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Rest in Peace
United States
10625 Posts |
The mint mark position is wrong on yours. VAM-5 is centered.
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Pillar of the Community
 United States
7390 Posts |
Very close lucky cuss, it's a 64 probably because the rim ding under date. Maybe it is a resub candidate though?... I'll try and post a better pic of the mm
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Pillar of the Community
United States
4883 Posts |
With cheek & fields that unmarred, and a nice full strike (not always the case with a New Orleans Morgan), somebody was robbed at 64.
Colligo ergo sum
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Pillar of the Community
United States
7390 Posts |
What would you suggest lucky? Should I resubmit it to pcgs or maybe anacs for a possible upgrade? I've never resubed one yet and with the huge price jump at 65 or dare you say 66 what should I do?
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Pillar of the Community
United States
7390 Posts |
also, any other opinions on grade from other knowledgeable readers please chime in...
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Pillar of the Community
United States
4883 Posts |
Quote:
What would you suggest lucky? Should I resubmit it to pcgs or maybe anacs for a possible upgrade? Well, I may not be the guy to ask, as I'm one of those Neanderthals who likes his Morgans raw and doesn't submit them for certification. You're right that the rim ding may be the key issue, and in the one closeup of the mintmark I can see some light nicks to the wreath that may also have precluded a higher grade. What you might do, though, is see if it'd earn a CAC sticker as its eye appeal for an MS64 is outstnding overall. Colligo ergo sum
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Pillar of the Community
United States
1551 Posts |
It could MS-64+ the little line of dings on the cheek will most likely hold it back from a 65. Its a bit strange but little hits like that in the fields do not seem to harm the grade as much, but put them on the high points and cheek and it effects the eye appeal.
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Moderator
 United States
23522 Posts |
It's imperative to get the camera square and parallel to the coin when shooting images for this kind of evaluation - the slightest tilt alters horizontal relationships and you can't see vital relationships like date position and mint mark orientation. If this is a 64, CAC it. Don't resubmit - the TPG's (PCGS in particular) are being hard on Morgans these days. I think this one has a good shot at a Gold bean in 64 and it'll Green bean easily. That will net you 65 money on resale, and this isn't an expensive issue at 65. Near as I can tell it's a "tilted left" MM. |
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Pillar of the Community
United States
7390 Posts |
Thanks for your input S-dave. Here's the full slab and straight shot on mm. I was trying to show what was going on in the middle of O with the angle. Can you elaborate on CAC and the beans. Is that just their way of saying it is undergraded? I haven't done CAC subs or bought cac coins b4. Thanks
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Pillar of the Community
United States
7390 Posts |
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Moderator
United States
23522 Posts |
The obverse in the first set has an entirely different character than the full-slab coin. This is just an artifact of lighting and photography, of course, but relevant when you consider which type of lighting a grader might be using. It works that way for human eyes, too. CAC was founded a few years ago by a small group of top-level dealers, folks with national repute. The driving force behind CAC, John Albanese, was also involved in the founding of both PCGS and NGC and was NGC's first President (if I recall). They were tired of seeing dogs in TPG slabs - dogs whose retail went well into 5 figures - and started an approval service to mark the slabbed examples which were well worthy of the grade. There are truly enough poorly-graded examples in slabs to have dragged the market downward in terms of quality. They have a vested interest in the process because their customers don't want dogs and CAC-verified coins are therefore the ones they need to stock and sell. They have millions of their own money invested in CAC inventory for retail, and when you think about it, what better motivator to produce a quality product? CAC offers green stickers for "good at the grade" and gold for "probably undergraded." Either will drive the selling price to the next grade level. The first images are an easy Gold CAC sticker, the slab images might not sticker at all. The reality is undoubtedly somewhere in the middle, but I sincerely doubt that this is a good time to crack and resubmit it. |
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Pillar of the Community
United States
7390 Posts |
Thanks sdave, I'm getting better with coin pics but it's hard to get detail sometimes with my note 3. Sucks I have to go through a 3rd party dealer for cac subs. Closest to me is 40 mi away
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Pillar of the Community
United States
1551 Posts |
Looking at the Slabbed photos this coin looks like it was graded properly. Photo angles can hide detractors as well as highlight things the naked eye would normally pick up.
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Replies: 15 / Views: 1,504 |
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Posted 02/23/2015 8:56 pm
