| Author |
 Replies: 17 / Views: 2,569 |
|
New Member
United States
5 Posts |
Hello all! I am new to this forum and new to collecting. I've found I'm drawn to the Morgan silver dollars and silver eagles. Not sure if I have a correct path in my collecting method but I think for morgans I am trying to build my collection with MS64 or MS65 PCGS graded coins. For fun (and not risking too much $) I still like to try and score an ungraded Morgan that's maybe a homerun. If not I won't be out much. So that's what brings me here. I bought a 1886 Morgan at a yard sale for $20. It was in one of the paper holders that said 1886-O. Looking at the coin I can't really tell if it is an O, S or just some kind of flaw. I'll try to upload images and would appreciate any opinions! Thank you!  *** Moved by Staff to a more appropriate forum. *** |
|
|
|
Moderator
 United States
14463 Posts |
I moved your post to the appropriate section for the proper attention.   Can you possibly get a clearer picture? maybe backing away a little will help  |
|
Valued Member
United States
406 Posts |
|
|
New Member
 United States
5 Posts |
Thank you for getting this post in the right spot. I'll try a few more pics but it's difficult keeping under 300kb   |
|
Moderator
United States
14463 Posts |
it does look like a proper O mintmark. Looks like it and the D took a hit from something. Here is the CCF Free Image Optimizer that might help with file sizes. |
|
New Member
United States
5 Posts |
Thanks for the quick replies. I will try the optimizer tomorrow when on PC. I couldn't get the image to save on my phone.
|
|
Pillar of the Community
United States
4883 Posts |
First off, welcome.
Given the scarcity and high value of a mint state 1886-O, I'm immediately suspicious that this may be the result of somebody's (inept) attempt to forge one. I see what looks like some doubling on the "D", "O" and the top of the bow. Also, the dentils appear marred. This is a coin that needs to be examined in great detail to see if the dies can be attributed to strikes emanating from Philadelphia, which if such can be established, would put a stamp on my speculation.
Colligo ergo sum
|
|
New Member
United States
5 Posts |
Thanks Lucky... that is what I was afraid of. I plan to take it to a local coin shop just to confirm. It doesn't look like other "O" coins I've purchased but for $20 I figured it was worth a shot.
|
|
Pillar of the Community
United States
1450 Posts |
If you want to collect Morgans in the MS64-MS65 condition you better do a gut check regarding your wallet. I got an 1895-O and bidding on 1983-O in AU condition and it will cost me three thousand dollars. The same coins in MS64 would cost about $100,000. Now you can just cherry pick and it will still cost a fortune to the key dates in MS condition.
|
|
Rest in Peace
United States
10625 Posts |
By the location alone I can tell you it is not a mint mark. There is neither a New Orleans or San Fransisco issue with the mint mark set that low. And to CCF. Edited by dave700x
07/14/2017 12:59 pm
|
|
Pillar of the Community
United States
6370 Posts |
Could be an applied mintmark. Dunk it in acetone, and it should come off.
|
|
New Member
United States
5 Posts |
Thanks all. I realize I won't get a complete collection of 64&65s but I figured if I'm able to get several in the $200 range and occasionally spring for the $800-$1k coin that would be good enough for me.
I'll try the acetone trick to see if anything happens. Thanks again!
|
|
Pillar of the Community
United States
3210 Posts |
Looked like an altered coin with an added mintmark
|
|
Pillar of the Community
United States
1450 Posts |
You can probably buy 30 Morgans in MS64 for less than $100 each to start off your set. I would also buy them slabbed and certified since it cost about the same as for raw coins. When you pay more than $1000 per coin I drop back to find nice AU coin.
|
|
Pillar of the Community
United States
7390 Posts |
Soak it in acetone and pike it with a stick. I have a feeling that's an 86p as I don't believe either S or O 1886 Morgans have a known mint mark that low.
|
|
Pillar of the Community
United States
1303 Posts |
You're sure setting the bar high, for a new coin collector. I hope you have some deep pockets. In agreement with the altered mint mark, it's off.
Best of luck!
|
| |
Replies: 17 / Views: 2,569 |
Posted 07/13/2017 10:14 pm
