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1879 O Morgan - Estimated Grade Please?

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proofreader's Avatar
United Kingdom
216 Posts
 Posted 09/28/2015  05:24 am Show Profile   Bookmark this topic Add proofreader to your friends list Get a Link to this Message Number of Subscribers
I'm thinking about getting this Morgan, what can you tell me from these pictures (apologies for the quality).

1879-O-Morgan---Estimated-Grade-Please?

1879-O-Morgan---Estimated-Grade-Please?

Thanks

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dave700x's Avatar
United States
10625 Posts
 Posted 09/28/2015  08:52 am  Show Profile   Bookmark this reply Add dave700x to your friends list Get a Link to this Reply
Tough call from these images but AU58 would be my guess.
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Cascade's Avatar
United States
7390 Posts
 Posted 09/28/2015  09:06 am  Show Profile   Bookmark this reply Add Cascade to your friends list Get a Link to this Reply
with this one it's gonna be all about the luster. With better luster this could be a slider as its an O mint coin. But as is it looks to have most of the luster muted so I'm at mid to high au as well. And what's that black mark? A stain, or perhaps it got hit with a sharpie smudge?
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edweather's Avatar
United States
7375 Posts
 Posted 09/28/2015  09:18 am  Show Profile   Bookmark this reply Add edweather to your friends list Get a Link to this Reply
MS60
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ChildOfTheWheat's Avatar
United States
5828 Posts
 Posted 09/28/2015  09:31 am  Show Profile   Bookmark this reply Add ChildOfTheWheat to your friends list Get a Link to this Reply
AU-58 for me.
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IndianGoldEagle's Avatar
United States
36844 Posts
 Posted 09/28/2015  11:29 am  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
AU-58
Valued Member
United States
403 Posts
 Posted 09/28/2015  11:43 am  Show Profile   Bookmark this reply Add CartwheelCollector to your friends list Get a Link to this Reply
AU55.
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moxking's Avatar
United States
17900 Posts
 Posted 09/28/2015  12:35 pm  Show Profile   Bookmark this reply Add moxking to your friends list Get a Link to this Reply
AU-55. This is a good example of immediately seeing the black marks on this dollar before your eyes see anything else. For myself, I never buy a coin in any grade that has a distraction that is so pronounced that it's the first thing I see.
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westernsky's Avatar
United States
7628 Posts
 Posted 09/28/2015  1:40 pm  Show Profile   Bookmark this reply Add westernsky to your friends list Get a Link to this Reply
Yours appears to be AU.

There are literally "jillions" of 1879-O Morgans out in coin land that are AU and in near-miss "unc" for some weird reason. (You also see the same thing with the much scarcer 1884-S.)

It almost looks like they deliberately placed the coins in circulation for a couple of weeks and then started gathering them back in. I vaguely remember that bags of lightly circulated solid date Morgans appeared in the Treasury Hoards that were released in the early 1960's, too. This was around the time that once "rare" "O" mint Morgan's of 1898 through 1904 flooded the market and drove prices down. Your coin probably came out of one of those lightly circulated bags of Morgans.

(Aahhh..."the good old days"!)
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Coinfrog's Avatar
United States
94367 Posts
 Posted 09/28/2015  4:08 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
I'd say 55 for suere, maybe 58.
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panzaldi's Avatar
United States
18696 Posts
 Posted 09/28/2015  6:25 pm  Show Profile   Bookmark this reply Add panzaldi to your friends list Get a Link to this Reply
Although AU I'm not a fan. I would pass
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paralyse's Avatar
United States
12057 Posts
 Posted 09/28/2015  11:09 pm  Show Profile   Bookmark this reply Add paralyse to your friends list Get a Link to this Reply
AU details, cleaned, poorly retoned, and negative eye appeal.

Unless you're desperate for a 1879-O Morgan and the coin is silly cheap, I'd keep browsing.

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"Most of the things worth doing in the world had been declared impossible before they were done." -- Louis D. Brandeis
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Joseph7420's Avatar
Canada
11922 Posts
 Posted 09/28/2015  11:40 pm  Show Profile   Bookmark this reply Add Joseph7420 to your friends list Get a Link to this Reply
AU-58.
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CoinCollector2012's Avatar
United States
8137 Posts
 Posted 09/29/2015  11:51 am  Show Profile   Bookmark this reply Add CoinCollector2012 to your friends list Get a Link to this Reply
AU-55
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CoinHuntingDrew's Avatar
United States
4932 Posts
 Posted 09/29/2015  7:25 pm  Show Profile   Bookmark this reply Add CoinHuntingDrew to your friends list Get a Link to this Reply
AU-55 first impression, maybe 53
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OLCoins's Avatar
United States
397 Posts
 Posted 09/29/2015  10:36 pm  Show Profile   Bookmark this reply Add OLCoins to your friends list Get a Link to this Reply
AU58 I like it. The dark streaks prove originality.
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