1896 O Morgan For Grading Please. - Coin Community Forum

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Author	Replies: 12 / Views: 1,008
MontCollector Pillar of the Community United States 2403 Posts	Posted 02/12/2016 6:00 pm 2nd of my 2 ebay finds this week. I think it is at least AU50 maybe higher. Whatcha think? Whatever it is it is my 1st 1896o Morgan and am very happy to have it fill a slot. What makes this a key date? Is it because of the low mintage? Report this Post to the Staff

Imthealphaomega Pillar of the Community United States 3210 Posts	Posted 02/12/2016 6:27 pm I see xf details max....no luster and harshly cleaned. Report this Post to the Staff
silverbob Valued Member United States 175 Posts	Posted 02/12/2016 6:35 pm A "key date" is a generally a first or last mint year produced. I am a novice, and still learning much like yourself. Someone will come along to correct me if I am wrong. This is what I've gathered in my short time of interest in the hobby. Also, the hazing present around lettering on obverse indicates a cleaning if I'm not mistaken. Grading is definitely not my thing. But it is a nice coin. Report this Post to the Staff
GR58 Bedrock of the Community United States 11951 Posts	Posted 02/12/2016 6:50 pm To me A key date is the lowest mintage and/or the highest value coin in a series. For Morgan dollars it would be the 1895. But some collectors do not always include the 1895 as part of the set. Because it is only available in part of the 880 proof coins that were minted that year. No business strikes are known. So the next key date would fall to the 1893 S Morgan. There are many semi-key dates in the Morgan series, mostly because of lower mintage or lower number known to exist. And because of the higher price they trade at, over common date Morgan's. the 1896 O is considered a conditional rarity. Meaning there are fewer known in higher grade, so in the higher grades they trade at a higher price. But they are somewhat more common in lower grades. As for your coin I too would be around XF cleaned. Report this Post to the Staff
Pacificoin Pillar of the Community Canada 5404 Posts	Posted 02/12/2016 7:34 pm Sorry but you have a harshly cleaned heavily marked coin. This date is a grade rarity. So if it Fills a hole at a bargain price and makes YOU happy that is all that matters. Have fun with the hobby. As an aside you can buy one like yours for 35 to 50 bucks and could look long and hard to find a high end MS 64 @ $45 grand. Few were saved and no hoards came out of the Treasury hoards of the 1960s. Edited by Pacificoin 02/12/2016 7:41 pm Report this Post to the Staff
echizento Moderator United States 23731 Posts	Posted 02/12/2016 7:57 pm Due to all the marks and being cleaned I would give it a grade of VF-35. Report this Post to the Staff
MontCollector Pillar of the Community United States 2403 Posts	Posted 02/12/2016 7:59 pm Thanks Guys. And Ty Pacific for price range on coin....means I didn't get taken. I did spend a little more than my usual $30 limit for ungraded ebay coins. So if fell right in the correct price range...whew! Report this Post to the Staff
Copper Penny Connection Valued Member United States 415 Posts	Posted 02/12/2016 8:01 pm XF details Report this Post to the Staff
IndianGoldEagle Bedrock of the Community United States 36903 Posts	Posted 02/12/2016 8:28 pm EF-45 details, cleaned Report this Post to the Staff
moxking Rest in Peace United States 17900 Posts	Posted 02/12/2016 8:38 pm EF-45 details, harshly cleaned. Report this Post to the Staff
CoinCollector2012 Pillar of the Community United States 8137 Posts	Posted 02/12/2016 8:41 pm XF details Report this Post to the Staff
Joseph7420 Bedrock of the Community Canada 11922 Posts	Posted 02/12/2016 11:36 pm EF-40 Cleaned. Report this Post to the Staff
Coinfrog Bedrock of the Community United States 94367 Posts	Posted 02/13/2016 4:52 pm Agree. Not for me. Report this Post to the Staff
	Replies: 12 / Views: 1,008

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