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1902-O Morgan - You Vs. PCGS Guess The Grade.

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westcoin's Avatar
United States
9793 Posts
 Posted 02/13/2022  11:48 pm Show Profile   Bookmark this topic Add westcoin to your friends list Get a Link to this Message Number of Subscribers
First off not my coin, I'm curious to see where you all grade this one, do you think it deserves the grade it ended up with? And was CAC kind enough to bean it?

What do you all say? I'll give it a few days on this one.

1902-O-Morgan---You-Vs.-PCGS-Guess-The-Grade.

1902-O-Morgan---You-Vs.-PCGS-Guess-The-Grade.
"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013!
ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector.

See my want page: http://goccf.com/t/140440
Edited by westcoin
02/13/2022 11:50 pm
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Coinanthebarb's Avatar
Australia
50 Posts
 Posted 02/14/2022  01:12 am  Show Profile   Bookmark this reply Add Coinanthebarb to your friends list Get a Link to this Reply
I'll have a go on this one.

Admittedly, Morgan dollars are not my specialty, as I mostly grade Aussie stuff, but I'll have a crack at this.

Looks very lustrous. Definitely MS.

Appears to be a good strike.

It doesn't have many bag marks on the high points and the cheek on the obverse, but has a few minor noticeable dings and scratches throughout the coin.

I am assuming they are die polish marks on the coin, and not signs of cleaning or scratches?

I'm going to guess MS66CAC.

I could be waaaaay off, though.

How did I do?
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Ham1947's Avatar
United States
1298 Posts
 Posted 02/14/2022  09:29 am  Show Profile   Bookmark this reply Add Ham1947 to your friends list Get a Link to this Reply
I see some distracting scratches that maybe on the coin or the holder. Light scratches to the right of Liberty's nose and eye. There looks to be a fairly deep vertical cut above Liberty's eye. The reverse shows many light scratches surrounding In God We Trust. Could be on the holder. There appears to be a small horizontal cut on the Eagle's breast. I'd give it a strong MS65.
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TobyJ's Avatar
United Kingdom
1273 Posts
 Posted 02/14/2022  09:31 am  Show Profile   Bookmark this reply Add TobyJ to your friends list Get a Link to this Reply
Very good photos to study. There are several small marks and small amounts of wear to the lettering, lustre looks good. Comparing to known MS63s to 65s and this compares mostly to a 64 in my opinion, maybe slightly better than the 64s that I am looking at but not quite as good as the 65s. I am going to guess MS64+ !
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Slider23's Avatar
United States
4469 Posts
 Posted 02/14/2022  10:08 am  Show Profile   Bookmark this reply Add Slider23 to your friends list Get a Link to this Reply
I am not a fan of this coin in any grade higher than MS65. I do not like the fingerprint at the top of obverse and the cloudy fields.
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Coinfrog's Avatar
United States
94367 Posts
 Posted 02/14/2022  10:33 am  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Despite the absence of any significant detracting marks, there's something about the obverse I don't like - seems flat-looking and lacking luster.
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jacrispies's Avatar
United States
3848 Posts
 Posted 02/14/2022  10:58 am  Show Profile   Bookmark this reply Add jacrispies to your friends list Get a Link to this Reply
This coin does not the flashy, even surfaces that other BU morgans can have. I see a few larger contact marks, but not much chatter. There seems to be a lot of die polishing lines on the reverse, especially on the right side of the eagle.

I'll take a stab and call it MS-65. This is a coin that would be much better to hold in hand as opposed to grading through photos. I am interested to see the TPG grade (It'll probably be AU-58 or MS-68).
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flag4's Avatar
United States
869 Posts
 Posted 02/14/2022  11:11 am  Show Profile   Bookmark this reply Add flag4 to your friends list Get a Link to this Reply
It's obviously uncirculated MS coin, but the lack luster and surface scratches bother me. I'm going to be an outlier and say PCGS returned it Details Cleaned.
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ericgreen's Avatar
United States
1519 Posts
 Posted 02/14/2022  12:38 pm  Show Profile   Bookmark this reply Add ericgreen to your friends list Get a Link to this Reply
The obverse doesn't appear to have as much luster as the reverse from the photos. I am also wondering if some of those hairlines by the eagles head are on the holder or coin. Hard to make a call without this one in hand. From the pictures, I would probably say a MS64
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JasonKflo's Avatar
United States
1694 Posts
 Posted 02/14/2022  9:47 pm  Show Profile   Bookmark this reply Add JasonKflo to your friends list Get a Link to this Reply
appears to have hairlines? Most noticeable on the reverse near the wings
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panzaldi's Avatar
United States
18700 Posts
 Posted 02/15/2022  12:08 pm  Show Profile   Bookmark this reply Add panzaldi to your friends list Get a Link to this Reply
the 02(O) have average strikes. for strike I say this makes the grade. it appears the luster is unbroken on both sides. there are some hairlines that do not appear to be polishing however if the coin is slabbed then its hard to say whats on the coin or the slab. I'm going with what we are seeing is on the coin so for surface preservation I have it as average. fairly clean cheek with some minor marks. overall eye appeal is good.

MS64 and I think its premium for the grade. Green bean
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NumisEd's Avatar
United States
5192 Posts
 Posted 02/15/2022  12:28 pm  Show Profile   Bookmark this reply Add NumisEd to your friends list Get a Link to this Reply
I say MS63+.
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RK55's Avatar
United States
2189 Posts
 Posted 02/15/2022  2:51 pm  Show Profile   Check RK55's eBay Listings Bookmark this reply Add RK55 to your friends list Get a Link to this Reply
I think it lacks eye appeal,but that's just me. MS-62 would be as high as I go, probably graded at a less grade?
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westcoin's Avatar
United States
9793 Posts
 Posted 02/15/2022  4:29 pm  Show Profile   Bookmark this reply Add westcoin to your friends list Get a Link to this Reply
I'll give this one another day seeing as nobody has got the grade, and I'm not expecting you too either, I don't particularly agree with it myself, this one is a puzzler.
"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013!
ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector.

See my want page: http://goccf.com/t/140440
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fenton's Avatar
United States
4989 Posts
 Posted 02/15/2022  6:16 pm  Show Profile   Bookmark this reply Add fenton to your friends list Get a Link to this Reply
I'll say 66 looks very clean.
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westcoin's Avatar
United States
9793 Posts
 Posted 02/16/2022  5:23 pm  Show Profile   Bookmark this reply Add westcoin to your friends list Get a Link to this Reply
Here is the slab:
1902-O-Morgan---You-Vs.-PCGS-Guess-The-Grade.

There are supposedly 5 better in PCGS and none better in CAC. This rates as a top pop coin with both PCGS and CAC at MS67. I had it at MS64++ only because this date and mint mark combination are known for flat or weaker strikes.

This one isn't much better than average in that department, and the hit over the eye, IMO should keep this out of MS67 territory. To argue MS65 I have no issue I can see it at that tier no problem, but much higher I'm baffled, this coin could be MS66 in hand, but I really don't see that from the points mentioned. Maybe it really is nicer than the photo shows and maybe the luster is amazing (it does look much better in the slab photo), the cheek is clean, possibly the hit over the eye is just minor and not deep, but only from the photos I have to go on... It's not a coin I'd be thrilled owning at the price they are asking.

It's for sale at Stack's/Bowers currently at $10,750.00

https://www.stacksbowers.com/pages/...otId=1676006

Good to see the guesses, I'm in agreement with more than half of you, it's a nice example of a tougher date in high grade.

The other MS67+ examples are worthy of the grade shown at Coin Facts:
https://www.PCGS.com/coinfacts/coin/1902-o-1/7280

The following MS67 coin looks nicer at half the price and sold at the same time (8/21) by Heritage for only $5,040.00...

https://coins.ha.com/itm/morgan-dol...ption-071515

Also to say a nice MS66+ slabbed PCGS can be found for around $1200 and to go MS67+ add $20K to the asking price, it's a coin in a weird pricing area.
"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013!
ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector.

See my want page: http://goccf.com/t/140440
Edited by westcoin
02/16/2022 5:27 pm
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