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 Replies: 14 / Views: 1,579 |
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Pillar of the Community
United States
2156 Posts |
Just cherry-picked this and posted it on the VAM forum. What grade would you give this? I'm guessing around AU-58.  Edited by QuarterHoarder72
01/05/2020 7:52 pm
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Pillar of the Community
 United States
8938 Posts |
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Pillar of the Community
 United States
2156 Posts |
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Pillar of the Community
United States
2403 Posts |
Your photo makes it look like the coin has a white haze to the surface on both sides. This makes me think it could've been dipped and not rinsed properly.
Having said that I am at AU details.
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Bedrock of the Community
United States
94367 Posts |
I'll say AU-58 "slider unc", not sure if cleaned. Pretty baggy.
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Pillar of the Community
United States
2156 Posts |
Thanks guys! Appreciate the thoughts. @MontCollector I've never seen an improperly dipped coin before. Would the coin still exhibit cartwheel luster if incorrectly dipped?
Edited by QuarterHoarder72
01/05/2020 8:36 pm
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Pillar of the Community
United States
2403 Posts |
Quote:
. @MontCollector I've never seen an improperly dipped coin before. I did not say improperly dipped I said it may not have been rinsed properly after a dip leaving a white haze from whatever it was dipped in. Acetone that is not 100% pure can leave this kind of haze after a dip, and I am sure there is other stuff that will do it too. Yes if the haze is light enough it can leave some of the cartwheel. I have had a couple Morgans that looked fine in hand but once my camera lighting hit the coin the haze from being cleaned or dipped popped right out. |
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Pillar of the Community
United States
2156 Posts |
Thanks for the explanation! Just curious, would that "detail" my coin if it was improperly rinsed?
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Pillar of the Community
United States
2403 Posts |
Quote:
Just curious, would that "detail" my coin if it was improperly rinsed? If that is what the haze is from and it can not be removed before sending it in, I would think yes. Most likely it would be a Details (Cleaned) designation. Not sure if another dip in 100% acetone will remove the haze or not. Having said that $30 for an 1882 O/S Morgan dollar is a great deal IMO. I think you did good either way with this purchase. |
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Pillar of the Community
United States
2156 Posts |
Awesome! Thanks for all the explanations MontCollector. I'm always appreciative to learn new things, especially in regards to grading.
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Pillar of the Community
United States
2156 Posts |
I retook my pictures to show a little more detail.  |
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Pillar of the Community
United States
8137 Posts |
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Pillar of the Community
United States
2156 Posts |
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Pillar of the Community
United States
3638 Posts |
Your coin has a typical New Orleans strike. The gash on the upper neck and adjoining hair curl is a minor distraction. In terms of technical grade, I see it as an AU-58. I don't really see any upside in submitting it to a TPG. You would have a risk of details designation or having the coin drop-graded to compensate. I think you could get close enough to full value raw to make a slab unnecessary. As a raw coin on a bourse floor, I see it trading as a solid slider, but at an AU-55 price to compensate for the bag marks and lack of luster. The O/S is in solid demand, and your OMM pops. I could see this one going in the $80-ish range raw. At $30, you have a great cherrypick. |
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Pillar of the Community
United States
2156 Posts |
Great to hear! Thanks for in depth thoughts fortcollins!
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Replies: 14 / Views: 1,579 |
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Posted 01/05/2020 8:09 pm
