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 Replies: 13 / Views: 1,085 |
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New Member
United States
2 Posts |
Poll Question
  Results
| Yes |
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0% |
0 Votes |
| No- It is face value only |
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100% |
1 Votes |
Poll Status:
Locked
Total Votes: 1 Counted
Last Vote:
08/27/2021 05:33 am
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Pillar of the Community
United States
7068 Posts |
Need larger selection in poll answers... IMO..not worth slabbing but has a slight value above silver melt price......Others?  to CCF |
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Pillar of the Community
United States
3848 Posts |
I would not. This coin isn't going for a high grade or variety attribution, and it doesn't need protection from handling. It will get a details as it appears cleaned. Grading will cost more than the worth of the coin.
Suffering from bust half fever. Want to learn how to attribute early half dollars by die variety? Click Here: http://goccf.com/t/434955Shoot me a PM if you are looking to sell bust halves. |
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Bedrock of the Community
United States
94367 Posts |
Definitely not worth grading. to the CCF! |
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Pillar of the Community
United States
4680 Posts |
Add me to the definitely not worth grading list. Jacrispies brings up a number of valid reasons to slab, must start by asking yourself these things when determining whether it's "worth" getting something slabbed. In general, I'll slab everything over $200, a majority worth over $150, and occasional a few under $100 with ANACS if it's a variety. This excludes anything going into an album which is probably 1/4 of my collection. I think I only have a couple coins that don't fall into these categories and they are sentimental.
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Bedrock of the Community
 United States
18696 Posts |
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Pillar of the Community
United States
614 Posts |
Not worth the cost to benefit ratio.
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Bedrock of the Community
United States
36844 Posts |
It would cost you more to get it graded than the coin would be worth. Just a common circ Morgan.
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Pillar of the Community
United States
1086 Posts |
Unless the coin is special to you, I wouldn't recommend grading it.
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Pillar of the Community
United States
1086 Posts |
It is a pretty nice Morgan though!
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New Member
 United States
2 Posts |
Thank you all so much for your feedback. I appreciate your time and expertise!
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Pillar of the Community
United States
6394 Posts |
New collectors sometimes struggle for objectivity when it comes to their coins. This 1882 Morgan is a large, impressive silver coin almost 140 years old. It may seem logical that it just has to be valuable, but that's not quite true. The 1882 Morgan dollar is a common date, with PCGS Coin Facts estimating the surviving population (in all grades) to be 1,100,000. Of these, 210,000 are believed to be uncirculated. The OP coin grades maybe VF for remaining detail. It has been harshly cleaned judging from the obvious hairline scratches. It also has a significant rim dent at the 3:00 reverse position. All these factors dictate a value of $20 or so, close to what the silver bullion is worth. Certification would add cost but not value. My advice is to appreciate the coin for what it is. Perhaps you could trade it in at a local coin shop or show, throw in another $20 cash, and buy a different, high-grade example with nice luster and no problems. Morgan dollars are beautiful coins and every collector ought to have a pleasing example to admire. Just my opinion, of course!  |
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Pillar of the Community
United States
614 Posts |
I think a lot of times we just post a one liner response to these, I think Jaobler hit it on the head with a good detailed answer for a new user.
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Pillar of the Community
United States
2869 Posts |
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Replies: 13 / Views: 1,085 |
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Posted 08/27/2021 01:15 am
