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1884 CC Morgan Crescent Toned GSA Holder

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Bryan1315's Avatar
United States
14454 Posts
 Posted 12/21/2010  7:21 pm  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply
looks like it had a coin laying on top of it and that is why it has the crescent toning around the coin that was on top of yours. I find it funny that these in GSA holders weren't allowed to be called Uncirculated, they were just called "Silver Dollars" instead of "Uncirculated Silver Dollar"
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aladinslamp's Avatar
United States
3076 Posts
 Posted 12/21/2010  8:10 pm  Show Profile   Bookmark this reply Add aladinslamp to your friends list Get a Link to this Reply
perhaps at the time of there releasing they didn't want to upset the market by dumping them as they did and with advertising.....or competing against coins already graded in the system....
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Morgans Dad's Avatar
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5632 Posts
 Posted 12/21/2010  9:30 pm  Show Profile   Bookmark this reply Add Morgans Dad to your friends list Get a Link to this Reply
I have looked and looked again, I believe the luster IS NOT original, I see obverse wear, on the cap, the leaves, the hair over the ear and some small distracting marks on Anna's face, I see this coin dipped or cleaned some time ago, causing the luster to look as it does, not a crisp, clear cartwheel looking luster.
I would grade the coin an MS 62-63, if it was a good day, MS63.......
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fenton's Avatar
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4989 Posts
 Posted 12/21/2010  11:24 pm  Show Profile   Bookmark this reply Add fenton to your friends list Get a Link to this Reply
Morgans, it has full cartwheel in hand and that frosty luster that is typical of these CC dollars. Nothing unusual under magnification. I have a PCGS MS-65 1883-CC (it is pictured over in the "28 days area") that has much more chatter on the face and other surfaces. From a surface marks perspective, this one is super clean.

Here's the (notably inferior in hand) 1883-CC for comparison:

1884-CC-Morgan-Crescent-Toned-GSA-Holder
Edited by fenton
12/21/2010 11:28 pm
Bedrock of the Community
Bryan1315's Avatar
United States
14454 Posts
 Posted 12/22/2010  01:55 am  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply

Quote:
perhaps at the time of there releasing they didn't want to upset the market by dumping them as they did and with advertising.....or competing against coins already graded in the system....

There were no TPG's back then, its just back then if a coin was toned they considered it damaged. That is why so many Morgans got dipped so many years ago because I have talked to a dealer and they said they used to have toned coins sit in their inventory for months and no one wanted it even at a discount price, they would dip it and put it out and mark up the price and it would be gone within hours. This wasn't a one time occurrence either, it happened time after time. No one wanted toned coins, if they weren't blast white they didn't want them

Quote:
I believe the luster IS NOT original,I see obverse wear, on the cap, the leaves, the hair over the ear and some small distracting marks on Anna's face,
I sure don't see it, any dipping would have removed the crescent toning also so I really doubt it was dipped
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