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 Replies: 22 / Views: 5,231 |
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Pillar of the Community
United States
1963 Posts |
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Pillar of the Community
United States
650 Posts |
Nice looking coin. I'm envious. I'd say you have a good shot, the coins in those old PCGS slabs were notorious for being conservatively graded.
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Pillar of the Community
United States
7618 Posts |
Nice looking coins and I think you should do well with your regrades.
Please let us know how they do!
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Pillar of the Community
United States
1119 Posts |
1898 maybe
1904 probably
{sarcasm font]I enjoy your consistency in sideways orientation. {sarcasm font]
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Pillar of the Community
United States
1188 Posts |
Great coins but even if anacs gave them a 65 isn't that lesser (or at best equal) to a 64 from PCGS?
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Pillar of the Community
 United States
1963 Posts |
Actually, no. I paid $150 for both of them, and I can get about $110 for ANACS MS 65 common date Morgans.
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Bedrock of the Community
United States
12057 Posts |
While I think they will both come back as MS65, the problem is that the old Rattler holders carry about a 30-50% premium, meaning that even though your coins will be in shiny new ANACS MS 65 slabs, they will be worth less than they were before you cracked them out, unless that 04-O can squeeze into a 66 holder, but even then, being in an ANACS slab will hurt its future market value vs. PCGS or NGC.
That aside, they are both WONDERFULLY beautiful Morgans!
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
51 Posts |
Wow. They have such clean fields. Not clear why they didnt make 65, unless there is a nick somewhere in hair/feathers I dont see. They are weaker strikes but pretty average for the O mint. I'd leave them as they are. If they were more rare dates/MM, would maybe be worth regrade.
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Pillar of the Community
7234 Posts |
Hope they grade 65 for you! Would hate to see the old rattler cases destroyed for a new slab 64.
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Pillar of the Community
United States
1963 Posts |
No, the old Rattlers don't go for a 30% premium. I paid 7% over bid for these, if I have the math right.
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Bedrock of the Community
United States
12057 Posts |
coin197, you did, in fact, score a great pair of Morgans at a great price, but yours is more the exception than the rule. In general, the PCGS slab premium order is Doily (highest) -> Rattler -> 2.0 "Security Collar" 4 post -> OGH. There are always exceptions, as you successfully discovered. This premium is less noticeable for the most common dates in old holders (1904/1901-1898/1883/1884/1885 New Orleans, 1880/1881/1882 San Fran, 1882/1885-89/1896-98/1900/1903/1904 Philly, 1882-1884 CC) and more noticeable on scarcer date/MM combinations, and especially noticeable on semi-keys and key dates.
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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Pillar of the Community
 United States
594 Posts |
I generally agree with Liberty Eagle and Paralyse...... PCGS grading( rattlers are a plus ) especially when compared to ANACS is the way to go. No doubt they are great specimens.
Edited by johnjkedel
02/17/2017 08:33 am
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Pillar of the Community
United States
7375 Posts |
They look great in your photos. If that's how they really look, I am cautiously optimistic they will come back as 65s.
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Valued Member
United States
123 Posts |
Look like 65's to me. Great looking Morgans, nice pick ups.
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Bedrock of the Community
United States
11951 Posts |
I am a fan of using ANACS over ...over priced .. PCGS.
But I agree with others about leaving them in the older PCGS holder.
Will they grade higher ? Not sure about the 1898. There are some hits/rubs
on the front area of Liberty's face that would worry me. I see a better chance
for the 1904 to get a better grade.
In my experience ANACS has been more strict on their grading.
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Pillar of the Community
United States
4469 Posts |
I am with Paralyse about not cracking out common date Morgan's in rattler holders. You also lose the liquidity value of the rattler when it comes time to sell. Nice coins.
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Replies: 22 / Views: 5,231 |
Posted 02/16/2017 9:08 pm
