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 Replies: 13 / Views: 1,679 |
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Valued Member
United States
52 Posts |
This coin is part of the collection I received from my Grandmother. It is a Mint sealed Morgan 1882 CC with toning on one side only. Is this typical of mint sealed coins? Is there a common reason why it would only tone on one side? Mods, please place in the appropriate forum if I missed my mark... (again)    |
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Rest in Peace
United States
17900 Posts |
The toned side was exposed to chemicals, heat, or a combination of the two that caused that tone, quite possibly that side was against a mint bag.
The side that remained unaffected by toning was protected, probably flat against another coin.
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Bedrock of the Community
United States
12437 Posts |
Quote:
Is this typical of mint sealed coins? That coin sat in a canvas bag in a Treasury vault for about 90 years before it was put in the GSA slab. |
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Rest in Peace
United States
10625 Posts |
The toning is the reason it was not sold as an "Uncirculated" Morgan.
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Valued Member
 United States
52 Posts |
Thanks for the info. I didn't consider the fact that it sat for so long. In this instance, would the toning hinder its value?
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Rest in Peace
United States
10625 Posts |
Absolutely not in this case. Original bag toning on the obverse of a Morgan dollar is very desirable and always commands a premium. |
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Valued Member
United States
52 Posts |
Thanks Dave. Would it be worth the effort to send it in for grading? Given how it came into my possession I'm not really looking to sell, but I would be curious to find out what it would grade.
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Bedrock of the Community
United States
94367 Posts |
I think so, yes.  to the CCF! |
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Bedrock of the Community
United States
12437 Posts |
Quote:
Would it be worth the effort to send it in for grading? Probably, but I would only recommend sending it to NGC. They are the only TPG that grades GSA Morgans in the original hard case, the rest crack them out and place them in the TPG slab. NGC wraps a tamper-resistant adhesive band around the black slab with the grade listed, preserving the original GSA packaging. |
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Pillar of the Community
Canada
4944 Posts |
Quote:Probably, but I would only recommend sending it to NGC. They are the only TPG that grades GSA Morgans in the original hard case, the rest crack them out and place them in the TPG slab. NGC wraps a tamper-resistant adhesive band around the black slab with the grade listed, preserving the original GSA packaging. PCGS actually started encapsulating GSA slabs a couple of years ago. Here's an example from ebay (Not my listing) |
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Rest in Peace
United States
10625 Posts |
As mentioned NGC wraps their grade label around the GSA case and last I knew PCGS put the GSA case inside another case making it even bulkier. I would recommend having it graded by NGC if you feel compelled and it would make it more liquid if you should ever decide to part with it.
Edited by dave700x
03/16/2017 9:08 pm
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Bedrock of the Community
United States
94367 Posts |
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Bedrock of the Community
United States
17884 Posts |
Quote:Probably, but I would only recommend sending it to NGC. They are the only TPG that grades GSA Morgans in the original hard case, the rest crack them out and place them in the TPG slab. ANACS also certifies them in the original case using a sticker type arrangement. |
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Valued Member
United States
99 Posts |
Since you don't plan on selling it I wouldn't spend the money on grading it. Grade it yourself, take it to a coin dealer,check out PCGS photograding site. Half the fun is being able to get close yourself and the reasons for the grades.
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Replies: 13 / Views: 1,679 |
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Posted 03/15/2017 7:02 pm
