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1899-O Morgan

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Author Previous TopicReplies: 14 / Views: 1,292Next Topic  
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ChristinaM's Avatar
United States
547 Posts
 Posted 05/16/2006  7:24 pm Show Profile   Bookmark this topic Add ChristinaM to your friends list Get a Link to this Message Number of Subscribers
I have this 1899-O Morgan graded in an old PCGS holder. I have read that sometimes if you resubmit them you sometimes come back with a higher grade. Just curious as to what you guys and gals thought the grade should be.

Also, another question...do die cracks make this more valuable at all? You can see in the photo right above the D in united, but you can't tell from the photo that it actually continues around all the lettering in "United States of America". Just curious..I dont know much about die cracks and how much it affects the value of the coin.

http://www.coincommunity.com/forum/...GN1899O.jpg"

PS..Hope the pics are OK..I'm still in the learning stage of taking pics/scanning coins.
Edited by ChristinaM
05/16/2006 7:26 pm
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scoutjim99's Avatar
United States
4589 Posts
 Posted 05/16/2006  8:03 pm  Show Profile   Bookmark this reply Add scoutjim99 to your friends list Get a Link to this Reply
Honestly its hard to say the photo is a touch to bright,but on the other hand it helped show some dtails we might not of been able to see but I would say no less than MS-65 maybe 66 it it will proably only grade 64
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TLS5933's Avatar
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1703 Posts
 Posted 05/16/2006  9:29 pm  Show Profile   Bookmark this reply Add TLS5933 to your friends list Get a Link to this Reply
I would say MS64
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Becky's Avatar
United States
954 Posts
 Posted 05/17/2006  2:05 pm  Show Profile   Bookmark this reply Add Becky to your friends list Get a Link to this Reply
Die cracks are very cool, but do not affect the price of the coin in any way. A break however, would!!

I think the coin is 63/64. Not all OGH upgrade, some downgrade or stay the same.

I like it
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scoutjim99's Avatar
United States
4589 Posts
 Posted 05/17/2006  2:10 pm  Show Profile   Bookmark this reply Add scoutjim99 to your friends list Get a Link to this Reply
Wow I dontually lead the pack with the highest grade I am usually more concervtaive
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ChristinaM's Avatar
United States
547 Posts
 Posted 05/17/2006  4:18 pm  Show Profile   Bookmark this reply Add ChristinaM to your friends list Get a Link to this Reply
How can you tell the difference between a die crack and a die break?

As for the grade, it was graded a 61 by PCGS.
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scoutjim99's Avatar
United States
4589 Posts
 Posted 05/17/2006  4:30 pm  Show Profile   Bookmark this reply Add scoutjim99 to your friends list Get a Link to this Reply
wow we wre way off I can see by a garde or so but that was off by along shot Maybe the grading for me is affected by not having coin in hand(most likely) bu still I cant see MS-61
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TLS5933's Avatar
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1703 Posts
 Posted 05/17/2006  5:51 pm  Show Profile   Bookmark this reply Add TLS5933 to your friends list Get a Link to this Reply
I could have swore it would go better than 61, I have a MS63 and the only difference I can see is a couple small rim dings in yours, do they deduct that much for that.


Image: 1899-O-Morgan dc_1_b.jpg
23.87 KB

Image: 1899-O-Morgan 3f_1.jpg
21.37 KB
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Becky's Avatar
United States
954 Posts
 Posted 05/17/2006  6:41 pm  Show Profile   Bookmark this reply Add Becky to your friends list Get a Link to this Reply
quote:
Originally posted by ChristinaM

How can you tell the difference between a die crack and a die break?



It is really just a matter of degree. When the die is broken it will really effect the coin. Like this...

1899-O-Morgan

Or this....
1899-O-Morgan
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Bryan1315's Avatar
United States
14454 Posts
 Posted 05/17/2006  7:06 pm  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply
Them arent rim dings, that is part of the old green holder that holds the coin, I used to think the same thing until I received my first OGH and noticed it was just nipples inside the holder, I would like to see better pictures of the coin in question because I think it should grade higher than a 61 but I wouldnt try to grade it with the pictures provided
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TLS5933's Avatar
United States
1703 Posts
 Posted 05/17/2006  7:43 pm  Show Profile   Bookmark this reply Add TLS5933 to your friends list Get a Link to this Reply
quote:
Originally posted by Bryan1315

Them arent rim dings, that is part of the old green holder that holds the coin, I used to think the same thing until I received my first OGH and noticed it was just nipples inside the holder, I would like to see better pictures of the coin in question because I think it should grade higher than a 61 but I wouldnt try to grade it with the pictures provided



Ahhh, your right. I agree,need better pictures to really tell.
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ChristinaM's Avatar
United States
547 Posts
 Posted 05/17/2006  7:53 pm  Show Profile   Bookmark this reply Add ChristinaM to your friends list Get a Link to this Reply
I will try to get some better pictures of the coin. I'm still new at taking pics.
I thought the grade was low myself. Being in the old holder I was contemplating resubmitting it. I have a 1904 0 that was graded MS64 by NGC and in person when you compare the two, I think that the 1899O looks just as good.

Thanks for the pics of the die break Becky

Rest in Peace
Morgan Fred's Avatar
United States
2684 Posts
 Posted 05/17/2006  8:53 pm  Show Profile   Bookmark this reply Add Morgan Fred to your friends list Get a Link to this Reply
Christina, this is a nice Morgan! Even though New Orleans minted Morgans are generally weaker strikes, this one appears to be above average (Bowers also states that sharper strikes may often be found for this year and mint). Looks like generally clear fields on both sides, but a little chatter on Liberty's face. I'll go with MS-65, maybe even MS-66.

However, do NOT resubmit to PCGS for regrade. First, it has become a myth that older PCGS labels, particularly "green" slabs will currently grade higher than their original grades. Most likely, PCGS will LOWER the grade although if it is so indicated on the submission form that a lower grade is not acceptable, it will come back as the same grade as the original label but in the current PCGS encapsulation. In any instance, PCGS will NOT return a coin in the original slab in which it was submitted; they insist upon reslabbing it, even in its original grade. Second, PCGS has recently been putting the screws to Morgans and grading them VERY severely, possibly in an attempt to lower their population report averages.

That being said, since the myth persists of higher value for older PCGS slabs, take advantage of it if you decide to sell the coin. You will not get the same value for the same coin if it has been regraded into a current PCGS slab, even if it kept its grade.

Now let's see what the others have to say (in this Coin Grading forum, I always take a stab at a grade before reading what others have to say so I won't be influenced by others' opinion).
Rest in Peace
Morgan Fred's Avatar
United States
2684 Posts
 Posted 05/17/2006  9:01 pm  Show Profile   Bookmark this reply Add Morgan Fred to your friends list Get a Link to this Reply
Wow! Based on the images, that sure isn't an MS-61 even by PCGS standards on their worst hair day. There are obviously marks on the Morgan that we just cannot see in the pics. We'll have to chalk this one up to the images. I'm usually the most conservative Morgan grader on this forum, but even I can be fooled by bright lights and a pretty face!

BTW, I had failed to make comment on the die cracks. They're fairly common on Morgans and do not normally add any value except in extreme examples and for those who collect such errors or varieties.

Fred

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ChristinaM's Avatar
United States
547 Posts
 Posted 05/18/2006  12:19 pm  Show Profile   Bookmark this reply Add ChristinaM to your friends list Get a Link to this Reply
Whoops! I made a mistake...This one was graded MS-63 by PCGS.. I have a few others in the old holders and confused this one with an 1898-O that I have in 61 grade.
So, in case I have confused you...the one in the pic is the 1899 with a grade of MS-63. My apologies!!!!

Fred...thanks for the info on resubmitting...I will keep it like it is!
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