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1879-S Morgan

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Bryan1315's Avatar
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14454 Posts
 Posted 06/30/2006  04:28 am Show Profile   Bookmark this topic Add Bryan1315 to your friends list Get a Link to this Message Number of Subscribers
This one is graded by PCGS and in an old green holder and was wondering what you all thought the grade should be and if I should send it in to see if it will upgrade. After I think everyone has responded that wants to I will post pictures of the grade.

1879-S-Morgan
1879-S-Morgan
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TLS5933's Avatar
United States
1703 Posts
 Posted 06/30/2006  08:58 am  Show Profile   Bookmark this reply Add TLS5933 to your friends list Get a Link to this Reply
I would have to say a high MS but without being able to actually hold it and go over it with a loupe its really hard to say. I can see what looks like a few contact marks to the left and below the chin and to the left and below the M and directly below the S on the obverse,but that could be on the holder,hard to tell. I would have to say MS63 witout actually holding it,Bryan.
Edited by TLS5933
06/30/2006 09:04 am
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Susanlynn9's Avatar
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 Posted 06/30/2006  09:58 am  Show Profile   Bookmark this reply Add Susanlynn9 to your friends list Get a Link to this Reply
The cheek looks pretty clean and the coin has some nice frosting remaining on the reverse. I'd have to say at least MS65. I wouldn't resubmit it these days, though. All of the companies have tightened up and I think it might only get a 64 now.
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Bryan1315's Avatar
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 Posted 06/30/2006  11:53 am  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply
I know you cant tell from the pictures but it is a PL coin on the old green holder. I dont know why my camera doesn't allow that to ever come out when I photograph a coin, I have some more PL's and even DPL's and none of them look it in the pictures for some reason
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SsuperDdave's Avatar
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23522 Posts
 Posted 06/30/2006  1:06 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
If I stipulate the PL, we'll call it MS65. In today's stressed-out grading market, I wouldn't resubmit it either way, though, unless it's in an MS62 slab.
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Bryan1315's Avatar
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 Posted 06/30/2006  2:03 pm  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply
I have got to say I am impressed, I can only hope my grading skills get that good one day. I didn't really think it would upgrade but just figured I would see what everyone else said about it

1879-S-Morgan
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TLS5933's Avatar
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 Posted 06/30/2006  6:41 pm  Show Profile   Bookmark this reply Add TLS5933 to your friends list Get a Link to this Reply
Nice one Bryan, I always lean to the conservative side unless I get my hot little mitts on it.
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Morgan Fred's Avatar
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 Posted 07/01/2006  9:07 pm  Show Profile   Bookmark this reply Add Morgan Fred to your friends list Get a Link to this Reply
Hi Bryan (I'm back online for a short time, move again in a couple days)--

Based on the images, I'd guess MS-64 or MS-65. These days, the green PCGS label doesn't mean that PCGS used to undergrade their Morgans although that is a common misperception that may be (and is) capitalized upon during a sale. A resubmission of a green label to PCGS will only get you back a new label and almost certainly not a higher grade. Thus, any perceived advantage a green label may carry is lost. I can almost solidly guarantee that a green label resubmission will not result in a higher grade; I think the second "6" in their label maker is broken and I don't think PCGS is issuing MS-66s on Morgans anymore unless it's for a high-powered dealer.

As usual, I haven't looked at the other comments yet.

It's always nice to look at your Morgans!

Fred
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Morgan Fred's Avatar
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 Posted 07/01/2006  9:15 pm  Show Profile   Bookmark this reply Add Morgan Fred to your friends list Get a Link to this Reply
I wouldn't have picked up on the prooflike by the images, but then a photo of a prooflike isn't gonna show the depth of a sharper-than-normal strike. I'll stick with my MS-64 or -65 guess and go along completely with my previous observation which lines up exactly with Susan's opinion: there ain't no way PCGS would upgrade it to MS-66 these days and there would be a high probability they'd downgrade it. Besides, I LIKE the green labels!

Fred
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 Posted 07/01/2006  11:44 pm  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply
yeah I didn't think it would upgrade either but I usually have a tendacy to either undergrade them or grossly overgrade them so I figured I would see what others had to say about it
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 Posted 07/02/2006  01:31 am  Show Profile   Bookmark this reply Add scoutjim99 to your friends list Get a Link to this Reply
I Think its MS-65 closer to the ms-66 but I agree with everyone else I dont think you would get a better grade. Now like Fred said If the right dealer sends in It will come back 68 or better LOL.. This is the who;e reson why I do not have any Certifieds in my collection...(but this is just my opionion)
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Morgan Fred's Avatar
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 Posted 07/02/2006  10:01 pm  Show Profile   Bookmark this reply Add Morgan Fred to your friends list Get a Link to this Reply
quote:
Originally posted by scoutjim99

I Think its MS-65 closer to the ms-66 but I agree with everyone else I dont think you would get a better grade. Now like Fred said If the right dealer sends in It will come back 68 or better LOL.. This is the who;e reson why I do not have any Certifieds in my collection...(but this is just my opionion)



Jim, the dealer would have to pull a lot of weight with PCGS to come back MS-66. He'd have to be a PCGS dealer with PNG and a lot of alphabet letters after his signature. But, it's doable. Yeah, send it to SGS and have it come back MS-70.

A slight shift in emphasis: Your point is well-taken about certification, but while even the top three TPGs often disagree with each other on a coin's grade, I feel it is very important to have a collectible coin (or any other historical artifact) permanently encapsulated to preserve it for future generations. Coin World or other non-permanent holders aren't sufficient: they come apart too easily. Sealed slabs by NGC, PCGS, or ANACS will preserve a coin far better and far longer than having them in temporary holders, mylar or cardboard/plastic flips, folders, or even loose. One compromise would be to send a coin for authentication and encapsulation only rather than for grading. Preservation is paramount; they ain't making 'em anymore (well, maybe in China).

Fred
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