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1881 - S Morgan Dollar, You Vs NGC

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Ty2020b's Avatar
United States
4680 Posts
 Posted 08/11/2021  8:25 pm  Show Profile   Bookmark this reply Add Ty2020b to your friends list Get a Link to this Reply
Why not RB (Red Blue)?
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TobyJ's Avatar
United Kingdom
1273 Posts
 Posted 08/12/2021  1:47 pm  Show Profile   Bookmark this reply Add TobyJ to your friends list Get a Link to this Reply
It sold for $449, MS66.

The reason I posted it is because I was shocked it graded so high. Okay, the reverse looks great and I can see that it has unbroken lustre and no marks so I can give that an MS65 or even MS66 (I'm not a grading expert, just an NGC member). But I've had lots of 1881-S Morgans and the strikes are usually so crisp and clear, and shiny! the obverse strike here looks weak to me with weakness on the hair above the ear. I just can't fathom the lustre because of the toning. I don't like to collect coins like this, and I would have given this about an MS63 net grade so shows what I know.

Also, it got a green bean. Other than the toning, is there a reason for this?


1881---S-Morgan-Dollar,-You-Vs-NGC
Edited by TobyJ
08/12/2021 1:48 pm
Pillar of the Community
United States
2869 Posts
 Posted 08/12/2021  6:02 pm  Show Profile   Bookmark this reply Add Oldfordman to your friends list Get a Link to this Reply
Maybe we are not seeing past the toning specs at the true surface that may be better even though toning usually hides stuff?
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fenton's Avatar
United States
4989 Posts
 Posted 08/12/2021  7:26 pm  Show Profile   Bookmark this reply Add fenton to your friends list Get a Link to this Reply
Hmmmm yeah that's a head scratcher. If someone had posted that raw without hinting that it was in a holder and high grade I think we'd have seen some AU-58's. Much nicer in hand, perhaps. Luster probably shows better than in the photo where the obverse looks lifeless and weak for the date.
Edited by fenton
08/12/2021 7:27 pm
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fortcollins's Avatar
United States
3647 Posts
 Posted 08/12/2021  9:22 pm  Show Profile   Bookmark this reply Add fortcollins to your friends list Get a Link to this Reply
Here's the adjusted picture I was using to grade the obverse.
1881---S-Morgan-Dollar,-You-Vs-NGC

Others likely will see this one differently, and with very good reasons, To me, when the color is stripped away, the image can be enlarged to distinguish between the toning and contact marks. The fields and devices are fairly clean. From a purely technical grading perspective, it's MS-65. A weak strike would be an adjustment to a technical grade, but shouldn't alter the initial assigned grade. Here, the strike is weak, but not out of the realm of a typical strike. IMHO, the strike would not be enough to drop-grade the technical grade.

The toning is one of those eye-of-the-beholder adjustments. I think the grader saw the toning as attractive, and nudged the final grade upward. I don't find it particularly attractive. To me, it looks blotchy. Toning will also continue over time, and this coin may not look anything like the pics 15-20 years down the road.

Would I pay 65 or 66 money for this one? No. But from a purely technical perspective, the grade is in the ballpark. Just not any ballpark I would want to play in.

Chalk this up to another of the zillion examples why slabbing hasn't created the sight-unseen market the TPGs bragged about way back in the day.
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Coinfrog's Avatar
United States
94367 Posts
 Posted 08/12/2021  9:36 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Trying to grade this coin from the OP's pics is essentially a guessing game. No way to evaluate the surfaces.
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JasonKflo's Avatar
United States
1694 Posts
 Posted 08/12/2021  11:29 pm  Show Profile   Bookmark this reply Add JasonKflo to your friends list Get a Link to this Reply
wow , I am glad I have my old ANACS Holder MS-64
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