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 Replies: 13 / Views: 2,260 |
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New Member
United States
14 Posts |
Hope I do not sound stupid here but I am beyond new!
I know little to nothing about grading so will ask some of you experts. I know there is different graders and the most common I have seen is PCGS...I have a Morgan 1884-s that has been graded USCG MS-65 and cannot find out much about this dollar, so if anyone has a site I can view please quide me to it...thks, I have been told it was rare and valuable but want to see for myself to get a little education.
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Pillar of the Community
United States
2797 Posts |
Boomer,
RED FLAG!
This particular Morgan is quite rare and expensive in Mint State (Up to $7000 in MS-60 and $275,000 in MS-65). The red flag was for the grading company "USCG" ... do your homework. Check out the section on third party grading and use a keyword search on USCG. Also check out the links on the upper left of the page to learn more about the 1884-S.
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Valued Member
United States
187 Posts |
USCG stands for U.S. Coast Guard to me.
If you have a PCGS MS65 84-S Morgan then you have a nice one for date and MM.
It sheets out at $150,000/165,000
Jerry
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Moderator
 United States
23522 Posts |
Welcome to Coin Community, boomer. I hate to be the bearer of bad tidings, but USCG is the organization that protects our shores, and not a reputable grading firm. The firm which appears on the slab holding your coin is considered a "basement grader" whose grades usually bear no resemblance to reality. The 1884-S Morgan dollar is very difficult to find in Uncirculated condition, and an extreme rarity in Gem grades of MS65 and above. PCGS, whom you're familiar with, and NGC, generally considered the other of the top two grading firms, have graded a total of six 1884-S Morgans MS65 or above between them. Given USCG's reputation, or lack thereof, it's almost a certainty that your coin is not even Uncirculated. An 1884-S in true MS65 would easily fetch north of $100,000 at auction, and any Morgan fan knows that as it's one of the great conditional rarities in the series. |
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Forum Dad
United States
24150 Posts |
Welcome to the forum boomer! First, see if you can take some photos and post them here. Take a look at the http://www.coincommunity.com/coin_f...n_dollar.asp1884 S Morgan dollar page[/url], there's some general grading standards there that may help. Forget what the holder says, I can almost guaranty that it's at least 5 points high. Be honest with yourself and see what you think. You can also look here and click the NGC and PCGS links occasionally to see what's on ebay with good pics to compare to. |
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Pillar of the Community
United States
2443 Posts |
Boomer, until you have a good knowledge of coins stick with PCGS, NGC, or ANACS. Oh, and USCG isn't a grading service it's one of those companies that slab coins themselves and sell them to newbies or uneducated collectors in order to make a lot of money off them. That coin in the MS65 is probably worth only around $30.
Edited by Amazon99
12/26/2007 6:05 pm
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Valued Member
United States
189 Posts |
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Pillar of the Community
United States
2797 Posts |
Boomer, Are you able to post some pictures of the 1884-S? There are many here who do a much better job at grading than USCG. I spent some time on ebay last night following my passion " Seated coins" and saw many USCG slabs with coins looking like they were just minted ... way too many for the series. Just a guess, but I am leaning towards the feeling USCG is a "problem-coin rescue service" ... Send us your whizzed, cleaned, buffed, dipped and we'll package them for the consumption of an unsuspecting/inexperienced public.  |
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Pillar of the Community
United States
2602 Posts |
In my opinion, if USCG is doing that, their company should be raided by the FBI and put out of business. However, I really doubt the company is doing that. But there are a lot of bottom-tiered companies out there that purposely overgrade, which is also dishonest.
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Pillar of the Community
United States
2797 Posts |
mycrob, I'll let you judge for yourself. Go to ebay and search Seated half dollars. Most of the USCG slabs are featured auctions. They're easy to spot (caution ... wear sunglasses). The pictures are just small enough that you cannot determine if the coin has been doctored. Do a search on the seller and see how many "remarkable" coins are available.  |
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New Member
 United States
14 Posts |
I have some pics but cannot get them to post for some reason
Can I send them to one of you and have you post them for me?
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Pillar of the Community
United States
1934 Posts |
Amazon; you said, "That coin in the MS65 is probably worth only around $30."
What makes you say that? I would think that coin above basal would command more than $30 unless it's a counterfeit.
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Pillar of the Community
United States
2797 Posts |
Boomer,
If you have the pics you should be able to post them here. First, go to "reply to post". You will see a camera icon below the box that says "add image". Click on it and select "browse" then find the pic from your files and "upload". You will get a confirmation that your file has uploaded. If not, your file is too big (over 96K). You can check the picture size by going to the file and right-clicking on it and choosing "properties". It will tell you the file size. If you need assistance resizing, let me know. If it does upload successfully, you need to remove all characters before "http:", and all after ".jpg" ... next highlight all text in the remaining file and go to the top of the "reply box" and select "insert image". This will bracket the file with [img} and make the pic visible in the post. Verify by previewing. Good luck.
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Moderator
United States
23522 Posts |
quote:
I have some pics but cannot get them to post for some reason
Can I send them to one of you and have you post them for me?
If your files are too large to post using SeatedNut's instructions, just email them to me and I'll take care of it. Use superdave AT coincommunity.com. |
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Replies: 13 / Views: 2,260 |
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Posted 12/26/2007 3:07 pm
