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1889 Morgan Dollar, Toned, A "Gamble" On A Coin - For Grading

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paralyse's Avatar
United States
12057 Posts
 Posted 09/27/2016  9:28 pm Show Profile   Bookmark this topic Add paralyse to your friends list Get a Link to this Message Number of Subscribers
This 1889 Morgan dollar is a long shot gamble, long odds on a common-date, everyday workhorse nobody would ever pick to win with not much of a payout if it did somehow win, but for a bet of $20, why not. I'd rather put a $20 bill here than on a scratch-off lottery ticket or a few Powerball numbers.

Coin does have a couple of issues - a pretty noticeable hit on the cheek, a planchet or lamination flaw on the reverse at the eagle's neck; toning that makes me wonder...a bit of circulation, or not? AU? MS? I'm also betting based on the seller's pictures, and the seller's not a coin seller very often from what I can tell.

My "bet" is AU53-AU55'ish, original toning, perhaps details damage, but not entirely unattractive for a couple bucks over junk silver prices. Could this be a sleeper MS62-MS63?

What say you, CCF graders?

1889-Morgan-Dollar,-Toned,-A-

1889-Morgan-Dollar,-Toned,-A-
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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smalldawg59's Avatar
United States
484 Posts
 Posted 09/27/2016  9:38 pm  Show Profile   Bookmark this reply Add smalldawg59 to your friends list Get a Link to this Reply
Great deal, but too many hits and a little rub is visible above her ear and highpoints. AU58. Now if there were a little "CC" on the reverse you'd have a monster.
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paralyse's Avatar
United States
12057 Posts
 Posted 09/27/2016  9:42 pm  Show Profile   Bookmark this reply Add paralyse to your friends list Get a Link to this Reply
If I scored an 1889CC for $20 in this condition I'd be on a plane to Vegas right now with an empty savings account and a suite booked at the Bellagio.
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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 09/27/2016  10:33 pm  Show Profile   Bookmark this reply Add Joseph7420 to your friends list Get a Link to this Reply
AU-55.
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MontCollector's Avatar
United States
2403 Posts
 Posted 09/28/2016  12:43 am  Show Profile   Bookmark this reply Add MontCollector to your friends list Get a Link to this Reply
I'm at AU55 as well.
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dave700x's Avatar
United States
10625 Posts
 Posted 09/28/2016  07:07 am  Show Profile   Bookmark this reply Add dave700x to your friends list Get a Link to this Reply
I'll agree with AU55 and it's well worth the admission price.
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Slider23's Avatar
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4480 Posts
 Posted 09/28/2016  10:20 am  Show Profile   Bookmark this reply Add Slider23 to your friends list Get a Link to this Reply
AU55 - nice coin for a album. If you are looking at grading and flipping, you will lose money.
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paralyse's Avatar
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 Posted 09/28/2016  10:21 am  Show Profile   Bookmark this reply Add paralyse to your friends list Get a Link to this Reply
It's going in a Dansco hole. :)
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IndianGoldEagle's Avatar
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36916 Posts
 Posted 09/28/2016  11:31 am  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
AU-55
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Coinfrog's Avatar
United States
94367 Posts
 Posted 09/28/2016  4:35 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
I think it makes 58.
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murty's Avatar
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1353 Posts
 Posted 09/28/2016  7:14 pm  Show Profile   Bookmark this reply Add murty to your friends list Get a Link to this Reply

AU-55 is my guess
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paralyse's Avatar
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12057 Posts
 Posted 09/28/2016  10:00 pm  Show Profile   Bookmark this reply Add paralyse to your friends list Get a Link to this Reply
Got it in hand today. What I thought was some sort of planchet flaw on the reverse at the eagle's neck was really just two dark toning lines (there are a couple other dark toning lines.) It's a VAM 12, mundane. Toning is actually fiery red towards the periphery with some bluish green areas around the neck, overall, really attractive, luster is strong and cartwheels around nice -- but the cheek hit is pretty noticeable even if not very deep, and she's definitely seen circulation: I'd say AU55 is good and agree with CCF! Here's a couple of photos, although they will not show the toning well (I have an impossible time trying to shoot toned coins.)

1889-Morgan-Dollar,-Toned,-A-

1889-Morgan-Dollar,-Toned,-A-

1889-Morgan-Dollar,-Toned,-A-

1889-Morgan-Dollar,-Toned,-A-

1889-Morgan-Dollar,-Toned,-A-

1889-Morgan-Dollar,-Toned,-A-

And one of her in her new home:

1889-Morgan-Dollar,-Toned,-A-
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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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panzaldi's Avatar
United States
18829 Posts
 Posted 09/30/2016  12:40 pm  Show Profile   Bookmark this reply Add panzaldi to your friends list Get a Link to this Reply
AU55 also
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