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Nashua Coin Show - Morgan Dollar 1887

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Bump111's Avatar
United States
3324 Posts
 Posted 11/17/2024  10:31 pm  Show Profile   Bookmark this reply Add Bump111 to your friends list Get a Link to this Reply
This coin has a MS64 look to me, but it may have seen a dip or two. Not a bad coin - any Morgan is nice in my book.

"Nummi rari mira sunt, si sumptus ferre potes." - Christophorus filius Scotiae
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IndianGoldEagle's Avatar
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36745 Posts
 Posted 11/17/2024  11:12 pm  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
AU-58 slider.
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Jaobler's Avatar
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 Posted 11/18/2024  12:27 am  Show Profile   Bookmark this reply Add Jaobler to your friends list Get a Link to this Reply
It's the luster quality that stands out as a problem. If you compare this Morgan to a certified coin in, say, NGC or PCGS MS-63 grade, the luster differences should be apparent. Try a side-by-side comparison with a reference Morgan next time you are tempted. You should be able to determine whether the potential purchase has a defect.
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ericgreen's Avatar
United States
1511 Posts
 Posted 11/18/2024  10:38 am  Show Profile   Bookmark this reply Add ericgreen to your friends list Get a Link to this Reply
MS-63. Agree looks like possible cleaning, but could also be the photos and lighting
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NumisEd's Avatar
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5184 Posts
 Posted 11/18/2024  10:48 am  Show Profile   Bookmark this reply Add NumisEd to your friends list Get a Link to this Reply
I agree that none of the coin show purchases showed the mega-frostiness of graded mintstate coins. Perhaps that should have been a red flag.
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NumisEd's Avatar
United States
5184 Posts
 Posted 11/18/2024  10:52 am  Show Profile   Bookmark this reply Add NumisEd to your friends list Get a Link to this Reply
I updated my earlier post about buying/not buying at coin shows...
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paralyse's Avatar
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12057 Posts
 Posted 11/18/2024  11:09 am  Show Profile   Bookmark this reply Add paralyse to your friends list Get a Link to this Reply
MS62, dipped

The best education you can get on dipped Morgans (or silver in general) is to buy a few AU/low Unc. bullion/problem coins (1921's work good) and dip them yourself for varying lengths of time. You will learn what to look for.

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psuman08's Avatar
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 Posted 11/18/2024  5:15 pm  Show Profile   Bookmark this reply Add psuman08 to your friends list Get a Link to this Reply
@NumisEd, I would take the other side of what you suggested - you should not trust anyone. You should attend more coin shows and look at more coins so you can see the difference between a cleaned coin and an original one. I rarely buy anything in my walkthrough of a local show.

Keep your head up and remember not to go back to that dealer. It's part of the learning process.
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Coinfrog's Avatar
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 Posted 11/18/2024  5:17 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
We all learned the hard way. No exceptions.
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NumisEd's Avatar
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 Posted 11/18/2024  5:54 pm  Show Profile   Bookmark this reply Add NumisEd to your friends list Get a Link to this Reply

Quote:
Keep your head up and remember not to go back to that dealer. It's part of the learning process.

I will.
But it is rather sad that my list of untrustworthy sellers is as long as my list of preferred sellers.
Edited by NumisEd
11/18/2024 5:59 pm
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psuman08's Avatar
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 Posted 11/19/2024  12:14 pm  Show Profile   Bookmark this reply Add psuman08 to your friends list Get a Link to this Reply
Unfortunately many coin dealers are like used car dealers. Coinfrog's statement is correct (except we keep learning).
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Slider23's Avatar
United States
4469 Posts
 Posted 11/20/2024  09:53 am  Show Profile   Bookmark this reply Add Slider23 to your friends list Get a Link to this Reply
From photo it has the appearance of being dipped. A MS coin that has been properly dipped will still straight grade by the TPG's. If the example has been cleaned, it will show hair lines from the cleaning. On a none toned Morgan MS example, the cleaning hair lines in hand are easy to spot. Identifying cleaning hair lines on a toned example is more difficult as the toning hides the cleaning. Before you make your next purchase at a coin show, learn how to identify a cleaned coin. Identifying cleaned coins from photo is much more difficult than in hand.
Edited by Slider23
11/20/2024 7:15 pm
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NumisEd's Avatar
United States
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 Posted 11/20/2024  10:10 am  Show Profile   Bookmark this reply Add NumisEd to your friends list Get a Link to this Reply
I will try, Slider23. But perhaps the best way to learn is going with someone to a coin show who has much more experience with grading coins that I/you do.
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panzaldi's Avatar
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 Posted 11/20/2024  1:38 pm  Show Profile   Bookmark this reply Add panzaldi to your friends list Get a Link to this Reply
same look as the others. did this all come from the same vendor?

MS63 without better photos

just a side comment and this would have thrown up a red flag to me if I was buying them:

whenever I see a group of coins like your morgans all looking pretty similar my first thought is that the seller altered them in some way. whether they are dipped or polished. its pretty much impossible to have 4,5 or 6 coins different years all looking the same in their photos.
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jacrispies's Avatar
United States
3848 Posts
 Posted 11/20/2024  4:49 pm  Show Profile   Bookmark this reply Add jacrispies to your friends list Get a Link to this Reply
I don't see the halo or a dramatic cleaning. The photos are a little dark which may create a similar effect.

I agree with those that say this coin was dipped before. But I can see either a straight AU-58 or MS-62.


Quote:
But perhaps the best way to learn is going with someone to a coin show who has much more experience with grading coins that I/you do.


Sounds like a great opportunity to make some coin friends! I think this is a good idea.
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