The divot on the lower cheek/jaw and the edge knock on the neck are the issues. The rest of the obverse contact marks look like MS-63, and by itself the reverse would make MS-64. Without those dings, you would be looking at MS-63+ here. As 1886 Morgans go, this one is decent, and it's better struck than many of them.
IMHO, PCGS would detail this one because of the metal movement on the cheek from the deep hit. I believe the other TPGs would straight grade this as MS-63 because the hit is relatively small, though deep. On a bourse floor, I see this one trading as MS-63 raw, but with an eye appeal price adjustment for the cheek ding.
EDIT: MS-62+ is a rare bird these days, but this one could be called that, as well as being an adjusted price MS-63. I can't remember the last MS-62+ Morgan that I actually handled. It's been a while.
IMHO, PCGS would detail this one because of the metal movement on the cheek from the deep hit. I believe the other TPGs would straight grade this as MS-63 because the hit is relatively small, though deep. On a bourse floor, I see this one trading as MS-63 raw, but with an eye appeal price adjustment for the cheek ding.
EDIT: MS-62+ is a rare bird these days, but this one could be called that, as well as being an adjusted price MS-63. I can't remember the last MS-62+ Morgan that I actually handled. It's been a while.
Edited by fortcollins
01/29/2026 12:58 pm
01/29/2026 12:58 pm
























