Coin Community Family of Web Sites Join Thousands of Coin, Bullion, & Money Collectors
Join Thousands of Coin, Bullion, & Money Collectors Royal Estate Auctions - $1 Coin Auctions300,000 items to help build your collection! Coin, Banknote and Medal Collectors's Online Mall Vancouvers #1 Coin and Paper Money Dealer Royal Canadian Mint products, Canadian, Polish, American, and world coins and banknotes. Specializing in Modern Numismatics








Username:
Password:
Save Password
Forgot your Password?


This page may contain links that result in small commissions to keep this free site up and running.

Welcome Guest! Registering and/or logging in will remove the anchor (bottom) ads. It's Free!

1889-O Morgan

To participate in the forum you must log in or register.
Author Previous TopicReplies: 6 / Views: 886Next Topic  
Pillar of the Community
coindexter's Avatar
United States
869 Posts
 Posted 07/13/2008  02:50 am Show Profile   Bookmark this topic Add coindexter to your friends list Get a Link to this Message Number of Subscribers
Please help grade this for me.It was scanned with it's 2x2 cover still on it. Thats why he edges are wierd. Also wanted to ask if I should send all my coins to get graded now or just wait tell that day comes when I wan't to sell them?(20yrs later)

Image: 1889-O-Morgan 1889omorgan.jpg
88.63 KB

Image: 1889-O-Morgan 1889omorganrv.jpg
89.83 KB
Edited by coindexter
07/13/2008 02:53 am
Pillar of the Community
United States
1231 Posts
 Posted 07/13/2008  08:17 am  Show Profile   Bookmark this reply Add onejinx to your friends list Get a Link to this Reply
I would grade it as VG10. A lot of the detail has been worn smooth.
Pillar of the Community
atlashealth's Avatar
United States
1691 Posts
 Posted 07/13/2008  8:33 pm  Show Profile   Bookmark this reply Add atlashealth to your friends list Get a Link to this Reply
VG-6 with "bullet hole" above D in UNITED....saved my Gradpappy's life!
Pillar of the Community
Jaobler's Avatar
United States
6394 Posts
 Posted 07/13/2008  11:20 pm  Show Profile   Bookmark this reply Add Jaobler to your friends list Get a Link to this Reply
Hi Dexter,
I'd go along with a G-06 grade for your Morgan.

I recommend you don't spend grading fees on low-value coins like this 1889-O dollar. Grading often makes sense for expensive coins, especially for coins that are often counterfeited or ones that have large price jumps between grades. It is much easier to sell a valuable coin if it's in a top TPG (third-party grading service) holder. You can usually get more money for it, as well.

In my opinion, an appropriate minimum value for grading is about $200. For coins below that range, you probably won't even recover your grading fee when it's time to sell.

Pillar of the Community
coindexter's Avatar
United States
869 Posts
 Posted 07/14/2008  1:54 pm  Show Profile   Bookmark this reply Add coindexter to your friends list Get a Link to this Reply
Thanks again for the advice. Just like it is said learn before you buy or sell your coins. Here is the grade that was on it when I bought it. I'm not sure what it stands for. AG? AU? 90%? Help

Image: 1889-O-Morgan moragan.jpg
61.77 KB
Edited by coindexter
07/14/2008 1:56 pm
Pillar of the Community
mklpatrick's Avatar
United States
580 Posts
 Posted 07/14/2008  1:55 pm  Show Profile   Bookmark this reply Add mklpatrick to your friends list Get a Link to this Reply
That would be About Good.
Pillar of the Community
Jaobler's Avatar
United States
6394 Posts
 Posted 07/14/2008  4:51 pm  Show Profile   Bookmark this reply Add Jaobler to your friends list Get a Link to this Reply
Dexter,
The standard grading scale for circulated coins goes from P-01 ("poor-1") to AU58 (About uncirculated-58). The higher the number, the closer the coin is to an Uncirculated (or Mint State) grade.

AG means "about good." That grade has the numerical value of 3 on that 1-to-58 circulated coin grading scale. I think your coin is a little better than AG-03; I put it at G-06 ("Good-6") but it is still a heavily worn coin that is near the bottom of the scale.

The "90%" label probably refers to the fact that this coin (like all standard silver US coins dated 1964 and earlier) is composed of an alloy containing 90% pure silver.

There are lots of informative threads in the Grading Practice forum. Go ahead and browse and you'll pick up a lot of useful information.
Edited by Jaobler
07/14/2008 5:06 pm
  Previous TopicReplies: 6 / Views: 886Next Topic  

To participate in the forum you must log in or register.



    




Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use

Coin Community Forum © 2005 - 2026 Coin Community Forums
It took 0.22 seconds to rattle this change. Forums