More Cull Bin Morgans - Coin Community Forum

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Author	Replies: 12 / Views: 1,731
Lucky Cuss Pillar of the Community United States 4883 Posts	Posted 04/27/2015 5:10 pm Well circulated, but falling short of being true lowballs, I'm afraid. Since these were ever so slightly better dates than the 1921's usually prevalent in the cull bin, I decided to pick them up. I especially liked getting an 1878-S & a 1904-S together. I seem to be as of late accumulating a decently sized stack of these lower condition specimens. Not sure if that's particularly smart, but if silver were ever to go through the roof again, then these will have been saved from the melting pot. Colligo ergo sum Report this Post to the Staff

ChildOfTheWheat Pillar of the Community United States 5828 Posts	Posted 04/27/2015 5:25 pm Very nice, I'm not familiar with morgans, but i'd guess about F-15 Report this Post to the Staff
Cascade Pillar of the Community United States 7390 Posts	Posted 04/27/2015 5:28 pm Finally some proof your lcs guy has something less than sliders in his junk box Report this Post to the Staff
Lucky Cuss Pillar of the Community United States 4883 Posts	Posted 04/27/2015 5:32 pm Quote: Finally some proof your lcs guy has something less than sliders in his junk box These are from a different dealer than my "tray of shame" one (who had nothing today). Colligo ergo sum Report this Post to the Staff
SsuperDdave Moderator United States 23522 Posts	Posted 04/27/2015 6:50 pm A set in these grades makes 1889-CC and 1893-S a lot less painful. Report this Post to the Staff
Joseph7420 Bedrock of the Community Canada 11922 Posts	Posted 04/27/2015 7:25 pm They all look lower than F. In my opinion: 1) G-4 or G-6. 2) G-4. 3) AG-3. Report this Post to the Staff
CoinHuntingDrew Pillar of the Community United States 4932 Posts	Posted 04/27/2015 9:14 pm I managed to pull out a '03 S with G-VG Details in the junk bin. The reverse has a really weird color, almost like some liquid was spilled all over it and never taken care of properly so it stained the coin leaving it all sorts of different colors. I'll post a pic, picked that up for $20 or $22 I think. Report this Post to the Staff
Lucky Cuss Pillar of the Community United States 4883 Posts	Posted 04/27/2015 9:49 pm I posted these partly because I thought they actually pose something of a grading challenge. Take the 1878-S, for instance, which Joseph7420 has at G4/6; a case can be made for the obverse actually eking out a VG8, but the reverse is very unlikely to top G4. Now in mint state grades, there's the school of thought that the obverse dictates the overall grade. If the reverse is worse than the obverse, does that side determine the grade? Or down this far, should you be thinking in terms of a composite grade taking into account both sides? Have another look at that 1897-O. The rims are only partially obliterated, mostly at the bottom of the reverse. Take it down a notch for that, or give it credit for those portions that are intact? Now a decision one way or the other on coins like these has barely any effect at all on value, but from a technical standpoint, such parmeters and how they should be applied may well bear on the assessment of other, rarer specimens where anticipating how a professional grader will factor everything in to determine if a coin's just a little bit better or worse may make or cost you a fair amount of money. Colligo ergo sum Edited by Lucky Cuss 04/27/2015 10:23 pm Report this Post to the Staff
rynegold Valued Member United States 249 Posts	Posted 04/27/2015 9:54 pm By 2017, you will look like a genius. Report this Post to the Staff
dave700x Rest in Peace United States 10625 Posts	Posted 04/27/2015 10:00 pm Just goes to show you how wear patterns differ so greatly on heavily circulated Morgans. I think this series has more diversity than any other when it comes to this. BTW, nice saves LC. You have saved more than anyone I know. Report this Post to the Staff
Lucky Cuss Pillar of the Community United States 4883 Posts	Posted 04/28/2015 09:56 am Quote: A set in these grades makes 1889-CC and 1893-S a lot less painful. I've actually been thinking about the possibility of filling an album with such as these, say, limited to G06 at the upper end. Perversely, I rather like these heavily worn examples more than the somewhat less circulated F/VF ones. The stoppers for doing so would probably be issues that largely went into storage, such as the 1884-CC, for which there's likely hundreds of mint state ones for every good or worse. Colligo ergo sum Edited by Lucky Cuss 04/28/2015 10:31 am Report this Post to the Staff
GoldenIslesCoins Valued Member United States 194 Posts	Posted 04/28/2015 2:29 pm these are not low balls that's for sure !! Report this Post to the Staff
CS1997 New Member United States 43 Posts	Posted 04/30/2015 3:50 pm Here is my 1890 s that I saved from a cull box at a bullion dealer. Edited by CS1997 04/30/2015 3:52 pm Report this Post to the Staff
	Replies: 12 / Views: 1,731

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