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1898 P Morgan - Grade It!

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United States
397 Posts
 Posted 07/11/2025  10:35 am Show Profile   Bookmark this topic Add Odee13 to your friends list Get a Link to this Message Number of Subscribers
What are your thoughts on this one? (Coin has good amount of luster in person)
1898-P-Morgan---Grade-It!
1898-P-Morgan---Grade-It!
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Errers and Varietys's Avatar
United States
74000 Posts
 Posted 07/11/2025  11:46 am  Show Profile   Bookmark this reply Add Errers and Varietys to your friends list Get a Link to this Reply
I'll say MS-63.
Errers and Varietys.
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United States
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 Posted 07/11/2025  2:07 pm  Show Profile   Bookmark this reply Add coin rejector to your friends list Get a Link to this Reply
MS-64
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sel_69l's Avatar
Australia
21786 Posts
 Posted 07/11/2025  10:50 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
Reed Marks on the cheek suggest that this coin has been bulk bagged for storage at some time since it was struck.
Breast feathers nicely struck up.
Undisturbed luster on the high points of the design, both sides.

I will go with MS-64, as well.
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 Posted 07/11/2025  10:51 pm  Show Profile   Bookmark this reply Add adam126402 to your friends list Get a Link to this Reply
I'm at 63. Reverse looks a little better than the obverse, hits on the cheek and neck brining it down a little in addition to that scratch in the lower left obverse field.
Edited by adam126402
07/11/2025 10:53 pm
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Australia
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 Posted 07/12/2025  06:28 am  Show Profile   Bookmark this reply Add echidna to your friends list Get a Link to this Reply
64
Watch your top knot
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panzaldi's Avatar
United States
18657 Posts
 Posted 07/14/2025  07:56 am  Show Profile   Bookmark this reply Add panzaldi to your friends list Get a Link to this Reply
if those Reeding Marks were just a tad bit more prominent, the coin may grade straight. some TPG's will pass it, others will not. luster is a key component to grading just under surface preservation for weight. broken luster even a small amount say on the cheek, would keep the coin out of MS64 territory. due to the photos inability to show the luster properly. there is too much light glare in your photos. tone that down and do not use any overhead lighting as it washes out and obscures the surfaces.

blowing the coin up look at the obv lettering, BUS and UNUM and stars 8-9-10, they have hallowing around them, all indications of a dip. there is a scratch at K8 also. whatever the black dots are on the reverse field just to the right of the wing are too constantly spaced to be natural

all that said I'm not 100% sure this one would pass without better photos. UNC details or MS63+
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 Posted 07/14/2025  12:12 pm  Show Profile   Bookmark this reply Add Odee13 to your friends list Get a Link to this Reply
Great feedback Panzaldi. Always learn something new with your input. Thank you!
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fortcollins's Avatar
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 Posted 07/14/2025  4:54 pm  Show Profile   Bookmark this reply Add fortcollins to your friends list Get a Link to this Reply
Most 1898 UNCs are 62-63-64 coins, but comparatively few run higher. The silver rush 1898 coins brought a lot of baggy coins to the market. They had a rough life in storage. Your coin is better than most, but has the usual rim ding and a little cheek rash, along with one field scar near stars 4 and 5. The reverse is very nice. IMHO, the obverse is MS-63, the reverse is an easy MS-65/MS-65+, but the net grade by a TPG has the feel of MS-63+ rather than MS-64, although it could trade raw as a bourse floor 64. I agree that the reverse measles aren't natural. They make it look like it was dried on a paper towel after a quick dip. Nice coin, better than a lot of them out there, and a stronger coin raw than slabbed.
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 Posted 07/14/2025  9:39 pm  Show Profile   Bookmark this reply Add Odee13 to your friends list Get a Link to this Reply
Thanks Fort. I appreciate the feedback as well. I don't have many if any coins currently that I think I would get graded. More or less, I like to see how I did in my choices of picking out coins from that I think are being sold at a good deal based on hope they look. I hadn't thought this coin was dipped but that is also because I didn't know the signs to look for that you and panzaldi have brought to my attention. I will keep adding with this new knowledge at hand.
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panzaldi's Avatar
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 Posted 07/15/2025  10:22 am  Show Profile   Bookmark this reply Add panzaldi to your friends list Get a Link to this Reply
thats whats all about Odee. everyone learns. it never stops. we learn a lot from each other here. there is a lot of experience on this site, so just sort through them to get different opinions on what your coin looks like, and match that to your coin. then make you own call on it.

not everyone gets it right every time. remember grading is very subjective even at the TPG's. the biggest thing I learned over the years was that I never believe the grade on a slab. I always grade the coin based on what I see. we have seen this time and time again where they miss it and the main reason I dont slab. my skills and those one here that have been grading for decades is every bit as good as anyone at a TPG in my opinion.
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 Posted 07/15/2025  7:47 pm  Show Profile   Bookmark this reply Add Odee13 to your friends list Get a Link to this Reply
Thanks again Panzaldi! Good to know on the grading. There is definitely a lot of knowledgeable people on this site so I like learning from everyone. Also like seeing when you leave a comment on my coins (I was hoping you would leave one on my CC Morgan) lastly I think I accidentally just reported you comment to staff (fat fingers, my bad)

Thanks!
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IndianGoldEagle's Avatar
United States
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 Posted 08/17/2025  6:41 pm  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
Hard to see the surfaces with the photo lighting.
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panzaldi's Avatar
United States
18657 Posts
 Posted 08/18/2025  3:19 pm  Show Profile   Bookmark this reply Add panzaldi to your friends list Get a Link to this Reply

Quote:
I don't have many if any coins currently that I think I would get graded


Odee, take it from those who have been around a while the only two reasons to get a coin graded is the following it too expensive now to chew up the value of a coin on something that probably is not necessary

1. its a rare coin that needs authenticated and preserved
2. you are planning on selling the coin and the cost of acquisition plus the grading fee's would warrant it without chewing up all your profit
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