1895 O.... Juat Picked This Up Online...

Does it look cleaned to you?http://www.numismedia.com/rarecoinp...proof=&plus=
John1

Admit the PCGS example is a nightmare, but I just can't quite make EF-40 on this one.

with a hint of lustre remaining an EF grade seems appropriate. Remember, the New Orleans mint had been pumping out weakly struck pancakes for over a decade when this coin was struck.

I can see EF-40 on this one, but I'm not too sure the surfaces are original.

Agree completely with IGE

I'm in the EF-40 camp here, for the reasons stated by @dave700x and others. The weak New Orleans strike mimics wear on the usual points. You came in 10% below Greysheet on this one, so I'd say that you did a good job of pricing it.

For what it's worth, I could probably count on one hand the well struck 1895-O Morgans I've ever seen with good eye appeal, and all of them were way too rich for my blood. This date is frustrating. Your coin is better than a filler for this date.

One thing that concerns me a bit about your coin is the carbon spotting on the reverse. You may want to keep an eye on that.

If the carbon spots (actually they are sulfur spots, but we all call them carbon spots) start growing, you have a bit of a Hobson's Choice.
You can leave the coin slabbed, and hope the spots do not damage the coin to the point the coin loses value.
You can send the coin to a TPG conservation service, to have the spots removed.

If the coin is left alone, the spots could spread. Whatever contamination started the spots is still on the coin's surface, and the slab doesn't prevent it from continuing to react with the alloy to produce silver sulfide or copper sulfide.

If the coin is conserved, the spots likely can be removed, but there are two risks. First, you don't know what lies beneath the spots, and what lies beneath could be more prominent than the spots. Second, the removal process could result in a details grade. That's rare with professional conservation, but it happens.