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1881 O Morgan

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dsking's Avatar
United States
2365 Posts
 Posted 07/15/2006  10:47 pm Show Profile   Bookmark this topic Add dsking to your friends list Get a Link to this Message Number of Subscribers
Please help with this Morgan. I know that grading from scans is difficult and may or may not be accurate. I have a couple dozen Morgans and I feel inspired to find out more about them. I tend to grade way low and I'm hoping that by using one of my own coins that perhaps I can get a better handle on grading them. I know that my scans are really bad and no, I don't have a digital. I'm still a 35MM girl. Please give me your best opinions - considering. The true color is more silver with a bit of toning. Thanks!
1881-O-Morgan
1881-O-Morgan
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Tpatna's Avatar
United States
1626 Posts
 Posted 07/15/2006  10:57 pm  Show Profile   Bookmark this reply Add Tpatna to your friends list Get a Link to this Reply
Hi Debbie. I am not known for my grading skills, but comparing it to Bryan1315's Morgans, I say it is close to a MS64 to 67

Very Nice.

Tim
Edited by Tpatna
07/15/2006 11:00 pm
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dsking's Avatar
United States
2365 Posts
 Posted 07/15/2006  11:02 pm  Show Profile   Bookmark this reply Add dsking to your friends list Get a Link to this Reply
hmmmmmmmmmm
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Tpatna's Avatar
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1626 Posts
 Posted 07/15/2006  11:06 pm  Show Profile   Bookmark this reply Add Tpatna to your friends list Get a Link to this Reply
Am I that far off. This was my 1st grading opinon ever, maybe I should leave it to the pro's
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B12's Avatar
United States
151 Posts
 Posted 07/15/2006  11:15 pm  Show Profile   Bookmark this reply Add B12 to your friends list Get a Link to this Reply
I'd say EF45.
Edited by B12
07/15/2006 11:16 pm
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dsking's Avatar
United States
2365 Posts
 Posted 07/15/2006  11:19 pm  Show Profile   Bookmark this reply Add dsking to your friends list Get a Link to this Reply
Oh no Tim, I want your opinions. That's how we all learn. This is such a bad scan it's really difficult to tell. The coin is a beautiful silver with no deep marks or anything. I don't grade well myself and value everyone's opinions and help!
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fengk's Avatar
United States
986 Posts
 Posted 07/15/2006  11:24 pm  Show Profile   Bookmark this reply Add fengk to your friends list Get a Link to this Reply
I see it as a slider UNC looking at the breast feathers.
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Metalman's Avatar
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7123 Posts
 Posted 07/15/2006  11:35 pm  Show Profile   Bookmark this reply Add Metalman to your friends list Get a Link to this Reply
Hi debbie

O mint Morgans are among the toughest to grade accurately,, many of these coins were weakly struck this weakness in strike affects the very highest points of the coin,, mainly the hair above the ear and the breast feathers,,

It is very easy to attribute the weakness in these coins to wear and is especially hard from a scan.


I see the coin as an MS-64 .

Rick
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TLS5933's Avatar
United States
1703 Posts
 Posted 07/15/2006  11:57 pm  Show Profile   Bookmark this reply Add TLS5933 to your friends list Get a Link to this Reply
Grading a scan is difficult, but my guess is this coin was circulated for a very short time. While the reverse looks MS63 the obverse shows wear. Although the New Orleans Mint was known for producing weakly struck coins, I have never seen one that weakly struck in the hair above the forehead. I believe thats wear. So I think this Morgan falls under the slider grade. slider uncirculated.
Wheres MorganFred when you need him.
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dsking's Avatar
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2365 Posts
 Posted 07/15/2006  11:59 pm  Show Profile   Bookmark this reply Add dsking to your friends list Get a Link to this Reply
Would it be worth my while to send this one in and try to have it graded? If so, where/how? I've not done that before, obviously. I'll look around for other threads about grading because I'm sure it's been covered quite extensively. Thanks!
Edited by dsking
07/16/2006 12:03 am
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dsking's Avatar
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 Posted 07/16/2006  12:02 am  Show Profile   Bookmark this reply Add dsking to your friends list Get a Link to this Reply
MorganFred is in cooooolllllll Country! Smart man!
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TLS5933's Avatar
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 Posted 07/16/2006  12:18 am  Show Profile   Bookmark this reply Add TLS5933 to your friends list Get a Link to this Reply
quote:
Originally posted by dsking

Would it be worth my while to send this one in and try to have it graded? If so, where/how? I've not done that before, obviously. I'll look around for other threads about grading because I'm sure it's been covered quite extensively. Thanks!


Deb,
the 1881-O is not a low mintage,high dollar coin. Even at MS64 the RedBook value is $155 and I don't think it would grade that high.MS63 value is $50 and the cost of having it graded would be half of that. If it even came back that high. Myself,I wouldn't spend the money to have it graded. Thats my opinion anyway.
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Susanlynn9's Avatar
United States
5877 Posts
 Posted 07/16/2006  01:00 am  Show Profile   Bookmark this reply Add Susanlynn9 to your friends list Get a Link to this Reply
It looks like an MS63 to me. It may go higher, but I can't see the luster since scans don't show it properly. It's a very attractive coin and a nice strike for a New Orleans.
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 07/16/2006  10:06 am  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
This one's tough. I would expect the reverse to be weaker than it is, given how weak the obverse is. The obverse is bad, even for a New Orleans strike, but the reverse isn't. However, if it's wear, the reverse should show it too. It's a bit of an anomaly.

Think I'll agree with Susanlynn9 here.
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Morgan Fred's Avatar
United States
2684 Posts
 Posted 07/18/2006  11:10 pm  Show Profile   Bookmark this reply Add Morgan Fred to your friends list Get a Link to this Reply
Hi ds - This is a toughy! Given that the New Orleans mint is noted for its weak strikes and the images are from a scan, I'm having a tough time deciding if this is a lightly circulated Morgan or a Mint State. The pro graders will go by luster on a coin like this. The eagle breast feathers look uncirculated, but the hair above Liberty's ear and above her eyes looks circulated. However, we've all seen O Morgans like this which were weakly struck and turned out to be uncirculated. If circulated, it's AU-55 to -58; if uncirculated, it seems remarkably free from bag marks on both sides, so could go MS-64 or MS-65.

Many thanks for the opportunity to look at this Morgan.

My usual disclaimer: I haven't looked at the others' responses to keep myself from being influenced.

Fred
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Morgan Fred's Avatar
United States
2684 Posts
 Posted 07/18/2006  11:21 pm  Show Profile   Bookmark this reply Add Morgan Fred to your friends list Get a Link to this Reply
Deb, looks like once again we're in general agreement as a group - this is a tough Morgan to grade from the images. As mentioned above, we've seen extraordinarily weak strikes from the no mint which have proved to be uncirculated and without a pic of the luster, we really can't decide which way to go: circulated or uncirculated.

To answer your question on whether or not it's worth it to get it graded, below MS-64, it wouldn't be worth it since the grading and slabbing cost would be approaching the value of the coin. On the other hand, if you were to make a multiple submission and obtain a discount for quantity at ANACS and chose the lowest cost and longest term (economy, I think), it might be marginally worth it, even if it came back as AU-58 (slabbed value about $30). It would be a judgement call and a gamble.

On the third hand, I'm of the mind that ALL Morgans should be slabbed if for no other reason than to preserve and protect a piece of history for posterity.

Still happy in the cooler mountains of northern Arizona.

Fred
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