I like the
ANA book on grading along with PCGS Photograde. That is my grading technique. Some links for the lurkers just trying to learn.
http://www.amazon.com/Official-Amer...p/0794819931http://www.pcgs.com/photograde/Both are great resources, but I like the book better because of the text or reasoning why it is a different grade.
Going to the book, they grade Morgan's basically on 4 categories. They are contact marks, hairlines, luster, and eye appeal.
Consensus of the thread was at most MS64 and at least MS60. Some concern of details for cleaning.
As for contact marks, there are some. Whether the ones in the date are contact marks or cleaning, I didn't see it happen and don't have my coin CSI on quite yet so I will leave that up for debate.
Now per the book to get to 64 the contact marks may only be 'light, scattered marks; a few may be in prime focal areas'. The prime focal area being the face and the fields in the front of the face on the obverse and the eagle breast through wings and fields around on the reverse.
An MS63 coin per the book will have distracting marks in the prime focal fields.
My coin does have contact marks, but I think they are fairly minor. The cheek seems to get the most abuse and I got marks there. Probably limits me to MS63, but it depends if they are distracting or not. No need to argue it though as there are three other elements of grade to evaluate, any of which can limit the total grade.
As for hairlines. I will take the coin out to the front porch with a loop here after this post. To be determined, but I gotta think there are some hairlines for sure, it depends on the degree and the concentration of them for grade but more on that after I take peak out on the porch.
Luster is the third component of grade. Fairly straight forward in the book. MS65 is fully original luster.
MS64 is average / fully original.
MS63 - MS60 are all the same. Luster may be original or impaired.
My coin will cartwheel when twirled. There is some luster to it, in particular on the reverse. The obverse would limit any PL discussion, but that reverse is shiny for sure.
I see no reason to limit the coin for luster in the MS63 or worse grade.
As for eye appeal. It looks good to my eye. I picked it out of the bin for a reason.
The
ANA book is pretty specific with eye appeal.
MS65 is very pleasing.
MS64 is pleasing.
MS63 is rather attractive
MS62 is generally acceptable.
MS61 is unattractive.
MS60 is poor.
I say I am in the MS62 to MS63 range on eye appeal.
So now what about them hairlines. I will take a peak later under magnification and add some commentary from the book and observations from the coin later.
Looking like it is in the MS63 - AU details range for sure though.