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Replies: 22 / Views: 2,733 |
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Valued Member
Canada
314 Posts |
This one was really educational for me, so I thought I'd share it with you all. This is not my coin.  
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Pillar of the Community
United States
7624 Posts |
This can be one of the toughest Morgan's to grade due to the poor strikes that plague this date and mm.
Someone had a raw 96-O here a few years ago that I kept encouraging him to get graded. I think he thought it was high end AU.....I though it was low end unc. I think he ended up with an NGC grade of 62.
I'd say this coin is similiar to that one and should fall in the 61/62 catagory. It is a tough, tough coin in higher Unc grades and the CDN shows it.
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Pillar of the Community
United States
3546 Posts |
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Pillar of the Community
United States
3546 Posts |
Quote: ...poor strikes that plague this date and mm I have some ?s about weak strikes' IDs and effects upon the final grade of a Morgan or Peace. 1. Does an on-line list exist detailing the years and MMs exhibiting what one should encounter w/r/t a silver dollar's weak strike characteristics? 2. Does an average weak strike justify a one step lowering (ie 58 to 55) of the final grade that a dollar might receive compared to a normally struck Morgan, for example?
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Pillar of the Community
 United States
8938 Posts |
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Rest in Peace
United States
10625 Posts |
The fields look like original mint lustre. I think MS62.
Edited by dave700x 03/17/2019 08:47 am
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Pillar of the Community
United States
9792 Posts |
MS63 and possibly a MS64 for this date/mintmark combination. The tick on the cheek and in front of the eye keep it out of gem territory. This date/mintmark is known for horribly weak strikes and very flat strikes.
"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013! ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector. See my want page: http://goccf.com/t/140440
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Bedrock of the Community
United States
94367 Posts |
I'll say 63 but with a low confidence factor. Very attractive eample.
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Bedrock of the Community
 United States
18684 Posts |
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Pillar of the Community
United States
747 Posts |
Because of my hatred for toned coins, this one screams DIP ME!! I give it a failing grade of AU50 as too high. After a quick dip/removal of the horrible tone, I would probably go as high as 60.
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Pillar of the Community
 United States
6590 Posts |
Lot of rub on the ear. Au 50
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Bedrock of the Community
United States
36826 Posts |
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Pillar of the Community
 United States
5675 Posts |
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Pillar of the Community
United States
3659 Posts |
Three things haunt the later New Orleans Morgans. First, many dates were struck weakly. The 1896-O is definitely one of those. Second, the New Orleans mint had a maddening practice of receiving lightly circulated dollars back from local banks and returning them to mint bags. That left lightly circulated coins commingled with unreleased coins in some of the mint bags. Those two factors make it a challenge to differentiate between light circulation and weak strikes. Third, many of the New Orleans mint bags were handled with less care than sacks of flour, and were stored in humid conditions. A couple give-aways for the strike/circulation distinction:  If the high point has luster, it is likely a soft strike, rather than circulation.  if the high point is weak, but slightly rounded, rather than flat, it likely is a weak strike, rather than circulation.  No matter how hard it is to do visually, ignore the toning. One way to do this is to adjust the photo to minimize the impact of the toning (sharply reducing the color contrast helps), and grade from the adjusted photo. On this coin, the obverse weakness is in the central devices, rather than on all of the high points. For example, the cotton blossoms and the lower parts of the cotton leaves are strong. The lower ear, first curl of hair above the ear, cap fold, and hair above the forehead are soft. Thee is a loss of luster on the second cotton blossom, cap and cap fold, and second curl of hair above the forehead. This could be from minimal circulation or from a weak strike and rough handling at the mint. The reverse seems to answer the question. The outer feathers on the eagle's right wing (our visual left) are strong and have full luster. The eagle's breast is weak, but has is rounded and has full luster. This suggests to me that the coin is an average weakly struck '96-O, a bit baggy, but uncirculated. I think the surfaces suggest a 63, with a one-point deduction for strike. MS-62 net. JMHO.
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Pillar of the Community
United States
2125 Posts |
62 sounds right. I like the toning.
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Bedrock of the Community
United States
94367 Posts |
Very informative input from @fortcollins.
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Replies: 22 / Views: 2,733 |