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1897 S Morgan For Grading

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Imthealphaomega's Avatar
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 Posted 09/11/2016  4:52 pm Show Profile   Bookmark this topic Add Imthealphaomega to your friends list Get a Link to this Message Number of Subscribers
Have had this a while looking it again and again looks undergraded. Looks PL too. What's your thoughts?



1897-S-Morgan-For-Grading

1897-S-Morgan-For-Grading
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IndianGoldEagle's Avatar
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 Posted 09/11/2016  5:20 pm  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
Seems MS-64 but not seeing PL in the photos.
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paralyse's Avatar
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 Posted 09/11/2016  8:52 pm  Show Profile   Bookmark this reply Add paralyse to your friends list Get a Link to this Reply
Not PL, lots of luster breaks, minor hits on chin and across from bridge of nose in left field of obverse: MS 63 would be my top grade.
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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Imthealphaomega's Avatar
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 Posted 09/11/2016  9:24 pm  Show Profile   Bookmark this reply Add Imthealphaomega to your friends list Get a Link to this Reply
PCGS graded it ms64. Price increases a lot in 65. Considering cracking and sending into NGC. Will try better pics tomorrow, to show PL surfaces (Ipad can only catch so much).
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CoinHuntingDrew's Avatar
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 Posted 09/11/2016  11:38 pm  Show Profile   Bookmark this reply Add CoinHuntingDrew to your friends list Get a Link to this Reply
Not worth cracking out IMHO. It'll come back the same
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Coinfrog's Avatar
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 Posted 09/12/2016  4:37 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
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IndianGoldEagle's Avatar
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 Posted 09/12/2016  6:24 pm  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
I'd leave it in the PCGS holder.
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Coinfrog's Avatar
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 Posted 09/12/2016  6:32 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Pics so far seem to show lots of scattered field and chin marks, even if relatively small. Just doesn't look clean enough for 65.
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panzaldi's Avatar
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 Posted 09/12/2016  7:18 pm  Show Profile   Bookmark this reply Add panzaldi to your friends list Get a Link to this Reply
agree. leave where it is, this one would not make 65 nor PL
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dd27's Avatar
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666 Posts
 Posted 09/12/2016  8:41 pm  Show Profile   Bookmark this reply Add dd27 to your friends list Get a Link to this Reply
This discussion reminds me of a recent article in Coin World.

Current state of certified grading of coins: Some collectors, dealers, continue resubmission game by Q. David Bowers, 05 Feb 2016 (online), 22 Feb 2016 (print).

Quote:
If a coin is resubmitted five times to a grading service it makes five times more profit than if it is sent only once. I have told the story of a well-known dealer who submitted an MS-64 1916-D Winged Liberty Head dime 23 times, then on the 24th try it came back MS-65 and was worth many thousands of dollars more. The grading service won. The dealer won. Both big time. The buyer neither won nor lost, for he was content with his treasure.

~ Mark

P.S. Imthealphaomega - This is not meant as a criticism of you. You're asking a legitimate question IMHO.

Edited by dd27
09/12/2016 8:41 pm
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MontCollector's Avatar
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 Posted 09/12/2016  10:18 pm  Show Profile   Bookmark this reply Add MontCollector to your friends list Get a Link to this Reply


Looking at your pictures I'm surprised it made MS64. I would have thought MS63 tops.

IMO, if you crack it and send it back in, there is a greater chance it will come back one grade lower not higher.
Edited by MontCollector
09/12/2016 10:19 pm
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Imthealphaomega's Avatar
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 Posted 09/12/2016  10:48 pm  Show Profile   Bookmark this reply Add Imthealphaomega to your friends list Get a Link to this Reply
I'm keeping it at is. Granted these pics were not as good as the ones I took of my 42s walker,,,,what things lighting will do. I will be posting Morgan's soon from my cousins late husbands collection. There are some nice coins and I am looking to buy the entire collection. Granted there are some cleaned coins including I think a cleaned gem 78cc and a 91cc sadly.
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