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1879-S Morgan

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Author Previous TopicReplies: 11 / Views: 1,027Next Topic  
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ratio411's Avatar
United States
1208 Posts
 Posted 05/05/2008  4:48 pm Show Profile   Bookmark this topic Add ratio411 to your friends list Get a Link to this Message Number of Subscribers
This one is slabbed by a second tier grader.
It is overgraded IMO.

The pics are from ebay, so they will probably die
in a month or so. When they do, I'll let you know
what the slab is graded at. I'll also give you my
opinion of the actual grade.

1879-S-Morgan
1879-S-Morgan
Edited by ratio411
05/05/2008 4:55 pm
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 05/05/2008  5:04 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
Not an awfully bad coin for NTC. MS for sure, probably 63-ish. Bet the slab says 65 or 66.
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ratio411's Avatar
United States
1208 Posts
 Posted 05/05/2008  5:31 pm  Show Profile   Bookmark this reply Add ratio411 to your friends list Get a Link to this Reply
I think the grade*, strike-wise, is decent.
However, the obv is very baggy.
The eagle's right breast/wing also has an
unnatural shine to it, like it was rubbed
against another coin fairly violently.

What do you think about the shine?

Maybe it was put through a coin counter sometime
in it's life... ?

It looks like a shine over soft details.
The pic makes the marks almost look like
shadows. The rev is definately a little softer
strike than the obv.

*Edit:
When I say "grade", I mean the coin's quality, or
actual condition, NOT as any reference to the
grade applied to the slab!
Edited by ratio411
05/05/2008 5:37 pm
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hadleydog's Avatar
Canada
1267 Posts
 Posted 05/05/2008  6:01 pm  Show Profile   Bookmark this reply Add hadleydog to your friends list Get a Link to this Reply
From the pics (which are probably very optimistic, and do hide the obverse right fields), I would agree with the 63. Not sure what the lines below and above the eagle are, they almost look like palm prints.
Edited by hadleydog
05/05/2008 6:01 pm
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ratio411's Avatar
United States
1208 Posts
 Posted 05/05/2008  6:13 pm  Show Profile   Bookmark this reply Add ratio411 to your friends list Get a Link to this Reply
I am trying to get my own scan of the coin, but am
not having much luck. The fingerprint like marks are
not visible in person.

I guess it was something on the slab itself, or on
the seller's scanning bed... ?
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ratio411's Avatar
United States
1208 Posts
 Posted 05/05/2008  6:26 pm  Show Profile   Bookmark this reply Add ratio411 to your friends list Get a Link to this Reply
Here is another scan from the auction.
I cropped it some...
I think I can make out fingerprints on
the slab itself. Lower right side of
this pic, seems some there.
In person, there are no fabric or skin
patterns on the coin itself.

No luck on getting my own pics...


1879-S-Morgan
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Jaobler's Avatar
United States
6381 Posts
 Posted 05/06/2008  12:22 pm  Show Profile   Bookmark this reply Add Jaobler to your friends list Get a Link to this Reply
I can't tell whether the shiny area at the base of the right wing is some kind of damage. The second photo does suggest that there is a dent in that area but I just can't be sure.

If there is no damage then I don't see any reason this coin would grade lower than MS-64. I've seen coins with similar surface and strike quality in PCGS and NGC holders graded MS-64 and even a few at MS-65.
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1sikevo's Avatar
United States
1130 Posts
 Posted 05/06/2008  4:17 pm  Show Profile   Bookmark this reply Add 1sikevo to your friends list Get a Link to this Reply
MS63
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TLS5933's Avatar
United States
1703 Posts
 Posted 05/06/2008  5:52 pm  Show Profile   Bookmark this reply Add TLS5933 to your friends list Get a Link to this Reply
I would go with SuperDave on this one.It looks like on the obverse there are some pretty good hits on the neck area and right under the eye & what looks to be light scratch marks on the lower cheek.These are all in a "shaded" area so its hard to tell for sure.Great strike.

Reverse looks pretty good except for the finger prints but I would guess these are on the slab.With what looks to be hits on the obverse,I would grade it MS62 or MS63 at best but if in fact is a NTC slab then its probably graded MS65.
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ratio411's Avatar
United States
1208 Posts
 Posted 05/07/2008  01:45 am  Show Profile   Bookmark this reply Add ratio411 to your friends list Get a Link to this Reply
The obv strike is SO sharp. She'd be a 65, easy, if she
wasn't so baggy on the cheeks. The back is a different story.
The rev was a 63 the day it was minted. Softer strike.

I guess if you average the two, you have 64, then take
into consideration the bag marks, you end up with a 63.
(going by the images)

That said, I am not pushing the issue that the coin has
great eye appeal. I believe if you could see it in person,
or get really good images, you would say 64. Just judging
the pics posted though, definately 63.

The pics don't do the obv strike total justice, or the clean
fields on both sides. Other than a soft strike and slight
scuff on the right wing, the rev is exceptionally clean.

Are we ready for the slab grade yet?
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TLS5933's Avatar
United States
1703 Posts
 Posted 05/07/2008  08:13 am  Show Profile   Bookmark this reply Add TLS5933 to your friends list Get a Link to this Reply
Yep,grading from pics is always hard.In hand would be a different story and probably a different grade also. my weakness is for the "O" minted Morgans so everything else looks well struck to me. ;o)
I'm ready to see it..lol
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ratio411's Avatar
United States
1208 Posts
 Posted 05/07/2008  8:55 pm  Show Profile   Bookmark this reply Add ratio411 to your friends list Get a Link to this Reply
quote:
my weakness is for the "O" minted Morgans so
everything else looks well struck to me. ;o)


That's funny!
I never knew the difference until recently
when I decided to play with Morgans some.

The coin is graded MS66.
I knew when buying that it wasn't that good.
However, for MS60 money, I couldn't resist.

I do know that a coin is only worth what someone
is willing to pay, no matter the grade on the slab.
I also know the price guides are just guides.
By that reasoning, I know that 1879-S MS66 Morgans
are worth what the price guides assign to an MS60!

Okay, maybe not... but in this one case that is true.
Edited by ratio411
05/07/2008 8:59 pm
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