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1878 S Morgan For Grade Thoughts?

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farrider11's Avatar
United States
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 Posted 05/03/2019  3:31 pm Show Profile   Bookmark this topic Add farrider11 to your friends list Get a Link to this Message Number of Subscribers
Got this one on the way, so seller's pictures, but I think there good enough to have a wack at

1878 sorry.

1878-S-Morgan-For-Grade-Thoughts?

1878-S-Morgan-For-Grade-Thoughts?

Edited by farrider11
05/03/2019 3:44 pm
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Coinfrog's Avatar
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 Posted 05/03/2019  3:39 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Any chance of throwing a little more light on those obverse fields?
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farrider11's Avatar
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614 Posts
 Posted 05/03/2019  3:48 pm  Show Profile   Bookmark this reply Add farrider11 to your friends list Get a Link to this Reply
Another seller pic, thats it till I get it in hand.

1878-S-Morgan-For-Grade-Thoughts?
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GrapeCollects's Avatar
United States
8938 Posts
 Posted 05/03/2019  4:00 pm  Show Profile   Bookmark this reply Add GrapeCollects to your friends list Get a Link to this Reply
MS64 unless those field lines are on the slab. In which case I'll go 64+
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Coinfrog's Avatar
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 Posted 05/03/2019  4:36 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
64 sounds right, thanks for the new pic.
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farrider11's Avatar
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 Posted 05/03/2019  5:54 pm  Show Profile   Bookmark this reply Add farrider11 to your friends list Get a Link to this Reply
Your welcome! But I can see this one will not break a forum record like the last one lol.
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dave700x's Avatar
United States
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 Posted 05/03/2019  9:47 pm  Show Profile   Bookmark this reply Add dave700x to your friends list Get a Link to this Reply
I think it's a solid MS64
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Greasy Fingers's Avatar
United States
7049 Posts
 Posted 05/03/2019  10:41 pm  Show Profile   Bookmark this reply Add Greasy Fingers to your friends list Get a Link to this Reply
WOW, that reverse is struck-up nicely,those breast feathers very strong,however ? scratches ? in left field and right of America. Obverse appears very nice as well. 64
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farrider11's Avatar
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614 Posts
 Posted 05/03/2019  10:49 pm  Show Profile   Bookmark this reply Add farrider11 to your friends list Get a Link to this Reply
I'm in for the 48 hours deal, but I'm not going to release it until someone gets it lol

I know everyone always goes conservative and that's the smart bet, but sometimes you got to bet outside the box.

For instance, the last one I put up was a 64, everyone agreed, and I mean everyone.

First for any thread I read here.

Now why would I get another 64, and throw it right back out?

Ever see Patch Adams? Sometimes you have to look beyond the fingers lol.
Edited by farrider11
05/03/2019 10:54 pm
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fortcollins's Avatar
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3659 Posts
 Posted 05/04/2019  01:10 am  Show Profile   Bookmark this reply Add fortcollins to your friends list Get a Link to this Reply
Depending on which TPG slabbed it, I could very easily see this one going MS 65. ANACS and PCGS probably would go 65. I think NGC would go 64.

I personally can't get to 65, however. IMHO, the obverse would hit 65, but the knock on the tip of the eagle's right wing (our visual left) and the field scratches to the left of the eagle's lower right wing and at 3:00 hold the reverse to a 64. (The scratches to the left of the wreath seem to be on the slab.) I am at a blended 64 grade on this one.
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farrider11's Avatar
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 Posted 05/04/2019  01:13 am  Show Profile   Bookmark this reply Add farrider11 to your friends list Get a Link to this Reply
TPG is PCGS no one is picking up on the hint.

See beyond the fingers lol
Edited by farrider11
05/04/2019 01:29 am
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fortcollins's Avatar
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 Posted 05/04/2019  2:07 pm  Show Profile   Bookmark this reply Add fortcollins to your friends list Get a Link to this Reply
PCGS bumps coins up (+ 0.5 to 1.0 grades) or knocks them down (as much as -2.0 grades) for eye appeal. Since this is PCGS, I'm sure they have it as 65. The coin has really nice eye appeal, and that would cause them to bump the technical grade. This is one of many reasons why Bluesheet prices for some PCGS 65 Morgans have dropped and why some NGC 65 Morgans trend higher.

If PCGS has it as 65, I definitely disagree with the grade. This coin is a solid 64, all day. IMHO, it should trade above a generic 64 because of the eye appeal, but it isn't a 65. If I saw this coin at a show, I'm a buyer or seller at 64, with the haggling centered on the amount of value bump for eye appeal.

JMHO. I know others will disagree.

It's a really beautiful coin and would rock any collection. Thanks for sharing it!

EDIT: If I saw this at a show, I'd price haggle about 1/3 of the way between 64 and 65. The eye appeal is well worth that bump.
Edited by fortcollins
05/04/2019 2:21 pm
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farrider11's Avatar
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 Posted 05/04/2019  3:18 pm  Show Profile   Bookmark this reply Add farrider11 to your friends list Get a Link to this Reply
Very informative reply, I'm still learning, thank you!
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eternallogan's Avatar
Canada
314 Posts
 Posted 05/05/2019  03:30 am  Show Profile   Bookmark this reply Add eternallogan to your friends list Get a Link to this Reply
Ms-65. The obverse is easily 65+ with the only major negative being the hits by the lips. The reverse on the other hand is below 65, check out 3pm and 10pm and the marks next to both wings.
I try not to be conservative, but rather consistent based on the many others of similar grades I've seen.
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panzaldi's Avatar
United States
18684 Posts
 Posted 05/05/2019  2:55 pm  Show Profile   Bookmark this reply Add panzaldi to your friends list Get a Link to this Reply
MS64+
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SilverDollar2017's Avatar
United States
8715 Posts
 Posted 05/05/2019  5:18 pm  Show Profile   Bookmark this reply Add SilverDollar2017 to your friends list Get a Link to this Reply
MS-64
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