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Wondering If Worth Having Graded, 1888 Morgan Dollar

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United States
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 Posted 11/26/2017  03:09 am Show Profile   Bookmark this topic Add jayres to your friends list Get a Link to this Message Number of Subscribers
I have around 46 in this condition or a bit better. Just grabbed the first one from the box. Not sure if they are worth grading. New to this.


Wondering-If-Worth-Having-Graded,-1888-Morgan-Dollar

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Fuzzy317's Avatar
United States
14463 Posts
 Posted 11/26/2017  03:16 am  Show Profile   Bookmark this reply Add Fuzzy317 to your friends list Get a Link to this Reply
The thread was in the section for determining the VAM of a Morgan dollar or Peace dollar. This thread will do better in the Classic Coin Grading section.

I moved your post to the appropriate section for the proper attention.
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John1's Avatar
United States
56855 Posts
 Posted 11/26/2017  04:28 am  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
to CCF. Need pic of reverse also to grade. In MS65 it retails for about $180 for a 1888-P,now if it's an O or an S that's a different story.If your coins are P mint, then they would need to grade at least MS66 to justify the costs involved to turn a decent profit,IMHO.
John1
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sel_69l's Avatar
Australia
21788 Posts
 Posted 11/26/2017  04:56 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
No coin in my opinion is justified for a grading submission unless I think it has a potential value of over $100.

Have a a go at grading it for yourself, then go to a catalog with current values for grade. If over $100, then send it.
As a guide, I think that the coin pictured would get an MS62 or 3 grade.


I can't see any reason at all for grading a coin, unless you intend to sell it.
I don't sell coins, so none of mine are graded. That is despite the fact that some coins in my collection are worth $ thousands, and a lot would have potential value of over $100.
As a consequence, slabs would seriously interfere with my approach to storage and display.
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dave700x's Avatar
United States
10625 Posts
 Posted 11/26/2017  08:32 am  Show Profile   Bookmark this reply Add dave700x to your friends list Get a Link to this Reply
The answer to your question really depends on what you intend to do with them. As already mentioned by John and sel there is a grade versus value threshold that may vary depending on the individual. I do not have coins graded myself, but closer to $200 make sense to me if I were to do so. If you should choose not to have them graded, I would consider a solid plastic 2x2 holder to better protect them. Silver Dollars are a bit thick for cardboard 2x2's especially if stored in boxes. More information and additional photos would certainly be helpful and
to CCF.
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Coinfrog's Avatar
United States
94367 Posts
 Posted 11/26/2017  3:58 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Beautiful coin, but still 64.



to the CCF!
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nickelsearcher's Avatar
United States
15489 Posts
 Posted 11/26/2017  4:26 pm  Show Profile   Bookmark this reply Add nickelsearcher to your friends list Get a Link to this Reply
to the CCF.

Not worth the cost of TPG grading unless you truly have a high grade example of this coin (MS66 or better).

There is a part of me that wonders if the hobby of coin collecting has been truly damaged by the 'rush to TPG'. Any true collector with some admitted effort can learn to grade their own coins ... and subsequent prospective purchases.

The coin pictured is a lovely survivor ... albeit based on the obverse photos alone MS63/MS64.

David

Take a look at my other hobby ... http://www.jk-dk.art
Edited by nickelsearcher
11/26/2017 4:31 pm
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moxking's Avatar
United States
17900 Posts
 Posted 11/26/2017  5:17 pm  Show Profile   Bookmark this reply Add moxking to your friends list Get a Link to this Reply
it would be worth your time to show us your best examples, photos both front (obverse) and back (reverse).

Then it just depends on what the value is for each coin.
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jbuck's Avatar
United States
189493 Posts
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scopru's Avatar
United States
5029 Posts
 Posted 11/27/2017  11:10 am  Show Profile   Bookmark this reply Add scopru to your friends list Get a Link to this Reply


Please post some more of the coins you have and OBV + REV photos.

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paxbrit's Avatar
United States
992 Posts
 Posted 11/27/2017  11:55 am  Show Profile   Bookmark this reply Add paxbrit to your friends list Get a Link to this Reply
Nice coin, but not MS65. Pick another one that hasn't got the bag marks on the face.
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