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1888 S Morgan Please Grade And Help

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Valued Member

United States
194 Posts
 Posted 11/19/2015  05:34 am Show Profile   Bookmark this topic Add thelionwarrior to your friends list Get a Link to this Message Number of Subscribers
So... I have never sent a coin off to PCGS or anything... What do you guys think this would grade at? Do you think I should send it in to be graded? Should I see if they can restore this coin? Opinion pls.


1888-S-Morgan-Please-Grade-And-Help

1888-S-Morgan-Please-Grade-And-Help
Edited by thelionwarrior
11/19/2015 05:36 am
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Imthealphaomega's Avatar
United States
3210 Posts
 Posted 11/19/2015  08:29 am  Show Profile   Bookmark this reply Add Imthealphaomega to your friends list Get a Link to this Reply
Vf30 details rim damage reverse

I wouldn't waste the money on it because it will come back details grade wise. The rim damage is bad. Keep it as is.
Edited by Imthealphaomega
11/19/2015 09:06 am
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CoinCollector2012's Avatar
United States
8137 Posts
 Posted 11/19/2015  08:31 am  Show Profile   Bookmark this reply Add CoinCollector2012 to your friends list Get a Link to this Reply
VF details
Valued Member
United States
194 Posts
 Posted 11/19/2015  10:08 am  Show Profile   Bookmark this reply Add thelionwarrior to your friends list Get a Link to this Reply
Anyone know around what it would cost to send this to PCGS and have it graded and slabbed? I only spent $20 on it...
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dave700x's Avatar
United States
10625 Posts
 Posted 11/19/2015  10:22 am  Show Profile   Bookmark this reply Add dave700x to your friends list Get a Link to this Reply
Why throw over twice what you paid for the coin to have it graded details. I suggest the attached as a cost effective alternate for a large plastic holder http://www.ebay.com/itm/10-COIN-WOR...AOSwKIpWAyTM
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Imthealphaomega's Avatar
United States
3210 Posts
 Posted 11/19/2015  10:23 am  Show Profile   Bookmark this reply Add Imthealphaomega to your friends list Get a Link to this Reply
First you need a membership that costs a $70 a year then minimum with shipping an handling $40 for the coin. It isn't worth it keep it as is trust me! There is nothing to gain from this coin. If you had a 1893S Morgan then I'd suggest you send it in. Don't waste your $$$.
Edited by Imthealphaomega
11/19/2015 10:24 am
Valued Member
United States
194 Posts
 Posted 11/19/2015  11:28 am  Show Profile   Bookmark this reply Add thelionwarrior to your friends list Get a Link to this Reply
But if I get the subscription thing with 8 free graded coins then I could do this one With 7 other coins right? I've never used their service so I don't know the costs of grading coins. Just trying to see if I could justify doing it. Unfortunately I don't know anyone who does or has done it so I have a lot of stupid questions. :/ guess I can always just keep all of my coins without grades on them
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IndianGoldEagle's Avatar
United States
36826 Posts
 Posted 11/19/2015  12:12 pm  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
First, I would not waste the money slabbing this coin. It is a problem coin. I'd grade it at EF-40 details.
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fenton's Avatar
United States
4989 Posts
 Posted 11/19/2015  12:24 pm  Show Profile   Bookmark this reply Add fenton to your friends list Get a Link to this Reply
EF-40, minor rim damage. Very collectible date with original surfaces and dark but attractive toning. I like the coin. Should trade at the VF price.
Valued Member
United States
194 Posts
 Posted 11/19/2015  3:08 pm  Show Profile   Bookmark this reply Add thelionwarrior to your friends list Get a Link to this Reply
Can someone help me out with one more thing? Understanding PCGS prices on the chart. Would ef 40 put this coin at around $230 according to PCGS? Or would it be more towards 145?
Edited by thelionwarrior
11/19/2015 3:12 pm
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Coinfrog's Avatar
United States
94367 Posts
 Posted 11/19/2015  3:46 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
I think the point being made is that the coin is damaged and probably not worth anything like the nominal catalog value.
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paralyse's Avatar
United States
12057 Posts
 Posted 11/19/2015  9:05 pm  Show Profile   Bookmark this reply Add paralyse to your friends list Get a Link to this Reply
It's worth melt value or slightly over, maybe $15 to $20.

PCGS would body bag it and you'd have spent 40 bucks to grade a 20 buck coin.

Save your 8 submissions for problem-free coins :) You'll appreciate this later.
Member ANA - EAC - TNA - SSDC - CCT #890

"Most of the things worth doing in the world had been declared impossible before they were done." -- Louis D. Brandeis
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Coinguy1986's Avatar
United States
305 Posts
 Posted 11/19/2015  10:55 pm  Show Profile   Bookmark this reply Add Coinguy1986 to your friends list Get a Link to this Reply
If I were you I'd just hold off till anacs has one of the free grading specials , you can send 2 coins and all it's going to cost you is about 25 for return shipping and insurance ...
If your dead set on having the coin graded this would be the smartest route , money wise anyways !!
As for the value I don't agree with the opinion of melt value or 15-20 bucks at all , to me that's insane!
Yeah it's a problem coin with some pretty heavy rim damage but at the same time it's a lower mintage semi key date ...
People are more forgiving with problem coins that are better dates , anyone that watches ebay any at all will know this to be true!
I did a quick search looking at past auctions and there are a few coins with similar problems about the same grade selling for 70plus ....
So in my opinion it would be well worth the 12-13 bucks to send into anacs when the next special rolls around as you wouldn't have any problem at all getting 60-80 out of this coin !


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paralyse's Avatar
United States
12057 Posts
 Posted 11/19/2015  11:36 pm  Show Profile   Bookmark this reply Add paralyse to your friends list Get a Link to this Reply

Quote:
People are more forgiving with problem coins that are better dates , anyone that watches ebay any at all will know this to be true!


More than likely, ebay is simply more full of people who don't understand that a coin with this sort of damage is worth maybe 5-10% of the price of a problem-free coin, even in a slab.
Member ANA - EAC - TNA - SSDC - CCT #890

"Most of the things worth doing in the world had been declared impossible before they were done." -- Louis D. Brandeis
Valued Member
United States
194 Posts
 Posted 11/19/2015  11:44 pm  Show Profile   Bookmark this reply Add thelionwarrior to your friends list Get a Link to this Reply
Thanks all. This is more of one of those sentimental coins. I have no plans to ever sell it. Appreciate the info!
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0xDA71D's Avatar
United States
1215 Posts
 Posted 11/19/2015  11:46 pm  Show Profile   Bookmark this reply Add 0xDA71D to your friends list Get a Link to this Reply
XF details Cleaned, rimdmg
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