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Morgan Grading Valuing Help

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Author Previous TopicReplies: 15 / Views: 953Next Topic  
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zjw5707's Avatar
United States
7 Posts
 Posted 03/21/2016  8:06 pm Show Profile   Bookmark this topic Add zjw5707 to your friends list Get a Link to this Message Number of Subscribers
Hello,

Out of my 20 Morgans, this one really stands out. It has a very pearlescent luster to it.

Could someone please assist in determining the value/grade of this coin? Wondering if it's worth sending to PCGS.

On a side note, I have other Morgans that have less wear, but just don't look nearly as shiny and luster-y. Which effects value more?

Morgan-Grading-Valuing-Help

Morgan-Grading-Valuing-Help
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paralyse's Avatar
United States
12057 Posts
 Posted 03/21/2016  8:27 pm  Show Profile   Bookmark this reply Add paralyse to your friends list Get a Link to this Reply
Your coin looks to be about a MS64 or MS65. I do not think it is worth slabbing, unless you get a free submission or have it submitted as part of a dealer bulk submission; 1884-O is one of the most common Morgan dates/mintmarks and usually found in great shape so there is not enough of a premium to justify a full slab fee.

It is certainly a pretty coin, and if you don't mind the money and aren't looking to get your money out of it anytime soon, slab away. Otherwise, just appreciate it.
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moxking's Avatar
United States
17900 Posts
 Posted 03/21/2016  8:29 pm  Show Profile   Bookmark this reply Add moxking to your friends list Get a Link to this Reply
Normal weaker strike, very lovely pearl luster, MS-64. Although this is a nice coin, if you check the census for these, there are a lot of them in 64 and 65 for this date.
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Slider23's Avatar
United States
4469 Posts
 Posted 03/21/2016  9:00 pm  Show Profile   Bookmark this reply Add Slider23 to your friends list Get a Link to this Reply
The coin will most likely grade MS 64 with a out side shot at MS 65. If I were submitting to NGC under economy and I needed a filler, then, I would submit the coin.
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panzaldi's Avatar
United States
18687 Posts
 Posted 03/21/2016  9:55 pm  Show Profile   Bookmark this reply Add panzaldi to your friends list Get a Link to this Reply
New Orleans dollars exhibit weakness in strike in and above the ear and on the eagle breast and talons. Yours has a fairly clean cheek with some light contact marks. The luster is strong on both sides. She grades at a solid MS64 and with just a little less marks would go 65. Although common it has nice eye appeal.
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Joseph7420's Avatar
Canada
11922 Posts
 Posted 03/21/2016  10:42 pm  Show Profile   Bookmark this reply Add Joseph7420 to your friends list Get a Link to this Reply
MS-64 for me.
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D0ubl3Eagle's Avatar
United States
5854 Posts
 Posted 03/21/2016  10:50 pm  Show Profile   Bookmark this reply Add D0ubl3Eagle to your friends list Get a Link to this Reply
I think it grades MS-64. Marks appear to be borderline 64 and 65 but the combination with the somewhat weak strike will likely keep it from grading 65.
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GR58's Avatar
United States
11951 Posts
 Posted 03/21/2016  10:59 pm  Show Profile   Bookmark this reply Add GR58 to your friends list Get a Link to this Reply
I also see it as a MS 64 ..

Very nice looking coin
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BH1964's Avatar
United States
10982 Posts
 Posted 03/21/2016  10:59 pm  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply
It does look like a 64 in the images and not worth submitting for TPG since it is a common date. It is still a darn nice looking Morgan and one most anybody would love to own and show off!
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TypeCoin971793's Avatar
United States
6370 Posts
 Posted 03/22/2016  9:44 pm  Show Profile   Bookmark this reply Add TypeCoin971793 to your friends list Get a Link to this Reply
MS-64
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jamiep's Avatar
United States
70 Posts
 Posted 03/23/2016  09:28 am  Show Profile   Bookmark this reply Add jamiep to your friends list Get a Link to this Reply
I agree with everyone on the MS-64
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CollegeBarbers's Avatar
United States
2627 Posts
 Posted 03/23/2016  10:33 am  Show Profile   Bookmark this reply Add CollegeBarbers to your friends list Get a Link to this Reply
with the above, it is definitely a solid MS-64 with a usual weaker strike being from New Orleans. It's a beautiful coin, I love the luster and pearl toning! Coin World gives it a value of $70 while NumisMedia says $77.
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fenton's Avatar
United States
4989 Posts
 Posted 03/23/2016  12:38 pm  Show Profile   Bookmark this reply Add fenton to your friends list Get a Link to this Reply
MS-64+. I think this has a fair shot at grading MS-65 due to exceptional luster.
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fenton's Avatar
United States
4989 Posts
 Posted 03/23/2016  12:42 pm  Show Profile   Bookmark this reply Add fenton to your friends list Get a Link to this Reply
For value, I would say $65 for MS-64 and $140 or so for MS-65. Grading costs about $19 from ANACS plus shipping so wouldn't be worth it for MS-64 (~90% CHANCE) but might pay off if you get an MS-65 (~10% chance).
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echizento's Avatar
United States
23731 Posts
 Posted 03/23/2016  2:15 pm  Show Profile   Bookmark this reply Add echizento to your friends list Get a Link to this Reply
MS-64 nice looking coin.
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murty's Avatar
United States
1353 Posts
 Posted 03/23/2016  7:18 pm  Show Profile   Bookmark this reply Add murty to your friends list Get a Link to this Reply

I see it as a MS-64+
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