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Replies: 18 / Views: 2,288 |
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Pillar of the Community
United States
3479 Posts |
I have an ms-62. And if this is a 62 then I sure as heck need to send mine back in for grading. This one has far more nicks and scratches on the obverse. The cheek and face are a mess. Not to mention the streak marks on the reverse which indicate it was slid against something. https://coins.ha.com/itm/morgan-dol...tion-071515#Edited by MikeF 12/19/2016 11:01 pm
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Pillar of the Community
United States
6370 Posts |
I agree with 62. They are supposed to look a little beat up.
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Bedrock of the Community
United States
12057 Posts |
The prooflike fields amplify the presence of marks and nicks that would otherwise be much less visible on a coin with non-prooflike surfaces.
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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Bedrock of the Community
United States
10982 Posts |
It looks like a 62 to me. Coins as large and heavy as Morgan dollars can be pretty beat up and still grade an honest 62.
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Pillar of the Community
United States
4211 Posts |
I would agree with the assigned grade as well.
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Pillar of the Community
United States
5825 Posts |
IMO there's TOO much "noise" on that coin. It's very baggy. I think MS-61 is a better grade and I wouldn't be surprise at a -60.
But having said that it's also a better date/mm coin. That may have "gifted" the coin with the higher grade.
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Pillar of the Community
United States
3516 Posts |
I plainly see a 62, but I think it could go 61 depending on the grader
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Bedrock of the Community
United States
10982 Posts |
And here again we need to point out that surface preservation/contact marks are only half the grade. Look at the strike and luster on the coin in question. It appears very well struck with good luster so even if the surfaces look 61 it's still a 62 overall.
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Pillar of the Community
United States
1499 Posts |
I think it's properly graded at the MS-62 level although I could see someone arguing for MS-61. The coin is also a CC dollar, and sometimes those coins get a grading break, although I don't think that's right.
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CCF Advertiser
United States
1533 Posts |
I think it is properly graded, but could go as a 61. Have a look at the comparables below the item. All the 62s look pretty beat up.
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Pillar of the Community
Australia
7096 Posts |
Hmmmm A grade of MS60-MS62 usually equates to an unattractive coin. This one is NO different to thousands of others graded MS62.
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Bedrock of the Community
United States
94367 Posts |
Couldn't agree more about PL surfaces amplifying the bag marks.
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Valued Member
United States
147 Posts |
This could be my limited experience with Morgans as I only have one. Which I always thought was a little over-graded. It is raw, in a 2x2 as it was purchased. It was graded MS-60 by the dealer and I always thought AU-55 to 58 would be more appropriate. I agree with the PL amplifying, but even with that I think my Morgan looks better and has fewer marks. Maybe I am missing the point, but I thought AU was default for a coin that looked like it was circulated at all. Anyway this is the only comparison I have.  If I am under-grading my coins that much then I need a few lessons.
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Bedrock of the Community
United States
12057 Posts |
As I stated above, mirrored prooflike surfaces show up any marks, nicks, rub, or abrasions to much greater effect than non-PL surfaces. This is why many PL and (especially) DMPL collectors will not buy PLs/DMPL's below MS64 (or really nice MS63's) unless it's a tough date/MM to find in PL/DMPL. 1881-CC is slightly tougher but by no means scarce in PL so this coin would not be of interest to most PL Morgan collectors unless they're on a very tight budget. More than likely, it will end up bought by a large dealer who will use market leverage to work it into a 63PL or even a 62DMPL slab from PCGS, whereupon it can be flipped to people who buy slabs and not coins.
Jovian, your Morgan looks about AU55 to me. Still has quite a bit of luster remaining, though, and a good strike.
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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Valued Member
United States
108 Posts |
I think that CC Morgan is a strong 62 actually. Not bad eye appeal at all for a 62.
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Bedrock of the Community
United States
11951 Posts |
Proof like coins are very hard to take pictures of.
I am thinking this coin would look better in hand
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Replies: 18 / Views: 2,288 |