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 Replies: 13 / Views: 1,239 |
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Valued Member
United States
275 Posts |
Hello everyone, My friend has coins she inherited from her mom. She's wondering if she should get them graded? This morgan is a different color/finish than the others. its almost matte looking. I took a picture next to another morgan she has, for reference. She has a couple other coins, but ill post them separately of course. &  Any information or thoughts are appreciated!    Edited by Ondiwave
12/22/2022 1:48 pm
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Moderator
 United States
56855 Posts |
As a general rule: a coin needs a retail value of at least $100 to $150 after slabbing to justify all costs involved in sending it in.John1 
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Valued Member
 United States
275 Posts |
Ok. sooo for someone that doesn't know anything about morgans or grading. should she send it in?
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Moderator
United States
56855 Posts |
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Pillar of the Community
United States
6507 Posts |
I would start with weighing the coin first (I hate coins this color)
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Pillar of the Community
United States
2280 Posts |
There is no reason to grade a coin like this. The costs of the grading are more than the coins value. There really needs to be a message/sticky for newcomers that are mandated to read before asking to grade. You realize when you know how to think, it empowers you far beyond those who know only what to think.
-Neil deGrasse Tyson
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Valued Member
United States
275 Posts |
Ok john thx.
Also I wasn't ask you to grade, I was just asking if you thought it was worth grading.
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Moderator
United States
56855 Posts |
These two coins need to grade at least AU50 to send in and they do not...IMHO. Now you need to do the tissue test and weigh them and see if they stick to a good magnet. John1 |
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Valued Member
United States
465 Posts |
I really like these naturally toned dollars. Very attractive to me.
Not worth spending the money to certify though.
I really like the 1897. What's the mint mark on it or does it have one?
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Bedrock of the Community
United States
12057 Posts |
They look 100% genuine to me.
Not worth sending in, IMO. You're going to spend more than what the coins are valued at.
With a few exceptions, I can't justify sending in most coins under $250.
Member ANA - EAC - TNA - SSDC - CCT #890 "Most of the things worth doing in the world had been declared impossible before they were done." -- Louis D. Brandeis |
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Pillar of the Community
United States
1173 Posts |
 , genuine but not worth sending in for grading. |
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Pillar of the Community
United States
2214 Posts |
Worn Morgan and Peace dollars are good for what's called stacking. Collectors keep them for their 90% silver melt value and because they have some worth above melt. They are often called "cull." As to value, unless they are a scarce year, Carson City mint or rare variety, cull Morgan, Peace dollars currently are selling for roughly $30 to $35 each. You can check sold prices on ebay. Edited by livingwater
12/23/2022 3:49 pm
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Bedrock of the Community
United States
94367 Posts |
Nice original-looking coin, but not worth grading
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Valued Member
United States
275 Posts |
Thanks everyone, I really appreciate the information. Here's the other one, they are pretty cool. I was gifted a Peace dollar and some other cool coins from this friend for christmas. MERRY CHRISTMAS!!!   |
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Replies: 13 / Views: 1,239 |
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Posted 12/22/2022 1:50 pm
