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 Replies: 22 / Views: 1,363 |
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Pillar of the Community
United States
876 Posts |
I would like to enlist the help of the knowledge on this forum in evaluating the condition of my dad's completed Morgan dollar collection. I have more trust in the combined opinions offered from fellow members than I would that of a LCS in this endeavor. My goal is to reach a reasonable retail value of this collection on my dad's behalf. Not so sure the LCS would provide this. A same day appraisal does not seem possible IMO. And leaving it foran extended appraisal time raises concerns of getting the same coins back. I know this approach will be somewhat time consuming but time is not an immediate concern. Hopefully, with your combined consensus, I will be able to determine a fair value for each coin based on recent sales in similar condition. If I knew the process I would attempt to convert Greysheet bid prices to retail but that is beyond my pay grade. If any of you could offer fair retail opinions on the submitted coins, that would be great as well. It has taken my dad a great amount of time to put this collection together. He has compiled an inventory which includes his opinion of grade and value for each coin. After a consensus is reached on each one, I will let you know what his opinion was for comparison. The inventory was compiled about three years ago and his values are based at that time. So, without further adue, I will start submitting images beginning in chronological order. Please offer up your opinions to include problems(details) that you encounter as well as any VAM varieties you might pick up. I am also going to practice my own evaluation and examination throughout the process. Thanks in advance for your help and participation as well as any advice you may offer to assist me through this project.   Hopefully images are adequate. |
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Pillar of the Community
United States
1484 Posts |
Unfortunately, this first one is a details coin due to the damage (scratches) across the surfaces, with minimal numismatic value.
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Moderator
 United States
15388 Posts |
 I'm going with XF-details due to the issues halfamind noted. Zero numismatic premium for this one, value is bullion only IMO. Take a look at my other hobby ... http://www.jk-dk.art |
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Pillar of the Community
 United States
876 Posts |
Thanks for the info. I have been thruogh hundreds of coins from my dad's collection and in the process have constantly encountered many issues. It seems his grading skills are quite lacking. As well a large number of cleaned, scratched, damaged, errors and varieties where there is none.
I completely expected that would be the case here as well. I just hope he didn't get taken to bad in acquiring this set. Wondering if this is a waste of all of ours efforts.
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Bedrock of the Community
United States
12057 Posts |
XF details, damaged, cleaned That being said, all long nock 78 8TF's carry at least a modest premium with VAM collectors, even harshly cleaned examples. 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
876 Posts |
Quote:That being said, all long nock 78 8TF's carry at least a modest premium with VAM collectors, even harshly cleaned examples. Are you implying this is a VAM? If so, do you know the designation? |
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Bedrock of the Community
United States
19113 Posts |
All said, a goodly pile of Morgans is not something to diss--just my opinion. Excellent photos by-the-way.
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Bedrock of the Community
United States
12057 Posts |
All Morgans are VAM's. This is a 8/7 long nock reverse, the type that PCGS designates as "weak" on holders If you google 1878 8/7 TF long nock VAM's you can find the SSDC VAM website and look there to narrow it down. 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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Bedrock of the Community
United States
73628 Posts |
Agreed, EF details.
Errers and Varietys.
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Pillar of the Community
United States
1484 Posts |
Don't despair. There may still be some gems hiding in his collection, especially if it's a "complete" set, or even a complete date set.
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Moderator
United States
187634 Posts |
Quote:
All said, a goodly pile of Morgans is not something to diss--just my opinion. Excellent photos by-the-way. Quote:
Don't despair. There may still be some gems hiding in his collection, especially if it's a "complete" set, or even a complete date set. I agree with both comments.   |
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Bedrock of the Community
United States
36514 Posts |
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Pillar of the Community
United States
876 Posts |
Quote:
Don't despair. There may still be some gems hiding in his collection, especially if it's a "complete" set, or even a complete date set. This is a 99 coin set. 1960 Whitman bookshelf albums (3). 1877-1886, 1887-1896, and 1897-1921. Set includes 1878 7/8tf, 1878 7tf, and 1895 proof. The only vacant hole is the 1895 PR. I'll keep em coming. |
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Pillar of the Community
United States
1509 Posts |
Very cool thing to go through!
Agree with others on this one, EF Details
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Bedrock of the Community
United States
94367 Posts |
Agree, EF details (ED, cleaned).
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Pillar of the Community
Canada
5392 Posts |
First one is , sorry a dog !
Bullion value only .
Better luck with the others I would hope!
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Replies: 22 / Views: 1,363 |
Posted 08/23/2024 10:52 am
