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Bad News On My 1902 S Morgan

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United States
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 Posted 12/20/2016  10:18 pm Show Profile   Bookmark this topic Add Spartcom5 to your friends list Get a Link to this Message Number of Subscribers
Hey guys so before I start I know I still got a great deal for $24. However, it went unnoticed until today, funny thing is none of the coin guys mentioned it at all. I just saw this on the rim of the coin... A decent size clip out of the reverse rim, I don't know how this could have happened like it did. Maybe a machine of some sort? If someone dropped the coin I wouldn't expect the clip to look like this. Dang! If I were to get this graded I'd expect it to come back at a lower grade or Rim Damage of some sort. What do you guys think? Really bummed out right now! This was going to be my first grade worthy coin...

Bad-News-On-My-1902-S-Morgan
Bad-News-On-My-1902-S-Morgan
Bad-News-On-My-1902-S-Morgan

*** Edited by Staff to add images to post. ***
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Jaobler's Avatar
United States
6381 Posts
 Posted 12/20/2016  11:20 pm  Show Profile   Bookmark this reply Add Jaobler to your friends list Get a Link to this Reply
Can't really see the problem from these photos; can you post larger images, cropped so each side of the coin is shown full-screen?

If you are talking about the small rim dent above the second A in AMERICA it doesn't look like a big problem.
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nss-52's Avatar
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54280 Posts
 Posted 12/20/2016  11:42 pm  Show Profile   Check nss-52's eBay Listings Bookmark this reply Add nss-52 to your friends list Get a Link to this Reply

Quote:
Dang!


No. Ding!
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Valued Member
United States
77 Posts
 Posted 12/20/2016  11:44 pm  Show Profile   Bookmark this reply Add Spartcom5 to your friends list Get a Link to this Reply
Sorry!! I always post good pictures, didn't notice the resolution there. Here are the full images!

*** Staff edit: Links removed. Images added to original post. ***

The chip doesn't seem like a big deal but I know how picky grading companies are. Will they label my coin as damaged? It is the only bad ding on the coin!
Edited by Spartcom5
12/20/2016 11:46 pm
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TypeCoin971793's Avatar
United States
6370 Posts
 Posted 12/20/2016  11:51 pm  Show Profile   Bookmark this reply Add TypeCoin971793 to your friends list Get a Link to this Reply
Stuff like that usually gets overlooked by the TPGs. IMO, still grade-worthy.
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Slider23's Avatar
United States
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 Posted 12/20/2016  11:56 pm  Show Profile   Bookmark this reply Add Slider23 to your friends list Get a Link to this Reply
The rim ding should not effect the grade.
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spru's Avatar
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12477 Posts
 Posted 12/20/2016  11:59 pm  Show Profile   Check spru's eBay Listings Bookmark this reply Add spru to your friends list Get a Link to this Reply
I'm not positive, but it just looks like a small ding and could have possibly happened at the Mint or in a bag. I think it would be a big assumption to call it PMD.

If I had it, I would get it graded.
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United States
77 Posts
 Posted 12/21/2016  12:13 am  Show Profile   Bookmark this reply Add Spartcom5 to your friends list Get a Link to this Reply
Thanks guys! Only other thing about the coin is that one guy told me the coin and very light adjustment marks. You can see them sort of right next to the left wing on the reverse. They are on the obverse as well but very hard to see unless in the right lighting. But as far as I'm concerned adjustment marks happen at the mint!

I think they are actually called roller marks...
Edited by Spartcom5
12/21/2016 12:32 am
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coin197's Avatar
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1963 Posts
 Posted 12/21/2016  12:55 am  Show Profile   Bookmark this reply Add coin197 to your friends list Get a Link to this Reply
Adjustment marks are fine. The ding would render it a details coin.
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 Posted 12/21/2016  01:14 am  Show Profile   Bookmark this reply Add Spartcom5 to your friends list Get a Link to this Reply
You really think it'd come back as Details? That's the thing I'm worried about!
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joeysanders627's Avatar
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408 Posts
 Posted 12/21/2016  02:04 am  Show Profile   Bookmark this reply Add joeysanders627 to your friends list Get a Link to this Reply
At least for $24 dollars, you did not get taken for a ride. Good buy overall.
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Andrew99's Avatar
United States
1533 Posts
 Posted 12/21/2016  07:05 am  Show Profile   Bookmark this reply Add Andrew99 to your friends list Get a Link to this Reply
If the ding does not extend into the dentils, the TPGs will straight grade it. Further, adjustment marks were not used on silver planchets after 1807.
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TypeCoin971793's Avatar
United States
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 Posted 12/21/2016  08:37 am  Show Profile   Bookmark this reply Add TypeCoin971793 to your friends list Get a Link to this Reply

Quote:
You really think it'd come back as Details? That's the thing I'm worried about!


Some people here are super picky and have the mindset that anything less than perfect for a grade is worthless. The TPGs are quite a bit more lenient. I have seen much worse in a problem-free slab (harsh cleanings, dents, gouges, scratches, etc.).

I think it will slab at AU-58.
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billjones's Avatar
United States
1499 Posts
 Posted 12/21/2016  08:57 am  Show Profile   Bookmark this reply Add billjones to your friends list Get a Link to this Reply
I have seen pieces with dings like that get grades on Mint State examples. The usual pattern is that they will get 1 or 2 points less. For example if the coin is an MS-63 otherwise, it will be graded MS-62. A piece that might have been MS-64 will come back MS-63 or 62.

I think that your coin might be just short of Unc., and I'm no sure what they will do if they decide that it is an AU.
Edited by billjones
12/21/2016 08:58 am
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Lucky Cuss's Avatar
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4883 Posts
 Posted 12/21/2016  11:04 am  Show Profile   Bookmark this reply Add Lucky Cuss to your friends list Get a Link to this Reply

Quote:
I think it will slab at AU-58.



Just enough apparent rub to Liberty's hair above her ear & to the eagle's breast to take it there. The rim ding looks to me to fall into the category of a bag mark, and I don't think it'd merit a "details" annotation.

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 Posted 12/21/2016  12:42 pm  Show Profile   Bookmark this reply Add terry8835 to your friends list Get a Link to this Reply
If the 1902-S you are showing is the one you got for $24 then you got a great deal. I don't see a significant ding. I paid a lot more than that for my 1902-S. Maybe you can find a 1903-s and a 1904-S in the same condition for the same price. Then you would indeed be a lucky and smart man. My 04-S and 03-S look pretty shabby compared to the coin you got for $24. Go beyond EF and they get expensive and they made millions of them. I guess they got melted down in the higher grades.
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