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 Replies: 13 / Views: 1,569 |
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New Member
United States
2 Posts |
first time poster, hope I am doing this correctly. I have a 1902-P Morgan dollar that I purchased in 1981 & have decided to sell it. It was graded by ANACS in 1981 as a MS65/65. Should I have it graded again & if so would I want to select another grading company or stay with ANACS Thanks |
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Pillar of the Community
United States
3294 Posts |
Well I might suggest putting high quality photos up here so that people can look and see if it might be over or under graded.
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Pillar of the Community
Canada
4944 Posts |
Quote:
Well I might suggest putting high quality photos up here so that people can look and see if it might be over or under graded. First off,  to CCF! Secondly, I agree with nod2003. It will be much easier to determine whether or not you should have the coin re-graded or not, based on the pictures. Quote:
if so would I want to select another grading company or stay with ANACS Thanks If you do decide to have the coin re-graded, I would stick with one of the well known graders. (PCGS, NGC, and ANACS) Edited by Canadian-Banknotes
01/05/2011 4:53 pm
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Pillar of the Community
United States
4989 Posts |
That brings up a good question. Will ANACS reholder their old coins (which tend to be overgraded) into the new yellow holders? If so, can the yellow holders really be trusted as more stringent?
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Pillar of the Community
United States
1534 Posts |
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Will ANACS reholder their old coins (which tend to be overgraded) into the new yellow holders? I'm sure they will for a small fee. Judging the coins individually is a better bet than basing the accuracy of the grade on the holder. And actually the OP is referring to the oldest ANACS holders where they graded both the obverse and the reverse, which are thought of as being graded fairly strictly. |
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Pillar of the Community
 United States
2448 Posts |
yes, we need photos and Welcome!
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New Member
 United States
2 Posts |
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Pillar of the Community
Canada
4944 Posts |
Well, the coin has great details and from the pictures I am not seeing any distracting marks. Looks at least MS-65 based on these pictures.
Can you take a picture, trying to capture the luster?
Thanks
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Pillar of the Community
United States
6383 Posts |
Welcome! I presume the photo you posted was from the original ANACS photo certificate. Those images are great for spotting defects but do not reveal the luster quality. If you can take new photos of the coin outside its holder it might be useful. As CanBank says, the coin has great detail and the surfaces look mark-free. If luster is good I expect it would grade MS-65 at PCGS which is the service I would use. PCGS-graded coins usually get the best sale price compared to the other TPG services. |
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Bedrock of the Community
United States
12437 Posts |
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Will ANACS reholder their old coins (which tend to be overgraded) into the new yellow holders? In this case, probably not since the coin is not actually slabbed. This coin dates to the time when the ANA operated ANACS and it has no connection at all to the current ANACS other than in name. Coins were photographed, a split obv/rev grade description was listed on the photograph certificate, and the coin was stapled to it in a small plastic bag. The coin was not sealed in any manner and could be easily removed. However, the photo certificate provided verification images of the coin. The photo cert coins tend to be graded quite conservatively so there should not be much worry about overgrading. These old photo certs are quite the collectors item now because so many coins have been separated from them over the years so the surviving numbers keep dwindling, they truly are a part of numismatic history. If you decide to get the coin regraded, please save the photo cert and sell it with the coin. |
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Moderator
 United States
23522 Posts |
That is a beautiful coin. 65 all day; it compares favorably with 66's I've seen, although the smaller photographs may be hiding details. Early ANACS grading is popularly considered to be very strict. If you still have the original grading photosheet and written certification, and can conclusively relate the coin offered to the certification given. you will very likely get top-of-the-market MS65 money for the coin just as-is. In the case of your coin, I see a few details which might help you get there. On the obverse, I see small marks next to the "E" and the "S." On the reverse, a small rim tick exists between the "IT" of "UNITED." Another possible mark is next to the "A" in "STATES." If these are genuine features, they'll probably be enough to tie the coin to the certification. The problem, of course, is in finding a sales venue where these details will be of use to you. I'd advise against ebay unless you're a risk-taker, already have a good sales reputation and can write a very convincing auction. Even then, it might not work out for you. Tough call, sacoalminer. At 65, your coin should bring $300+. At 66, double that. It's not currently slabbed - if you have the time to spare and room to profit, consider having your local dealer submit it for PCGS grading. If the coin looks in-hand like it does in the pics, I myself would spend the money to see if it got a 66. |
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Pillar of the Community
United States
511 Posts |
I would normally say reholder it for sure, but it might pay to ask around to see if there are collectors who pay a premium for nice coins in original early '80s ANACS packaging. People pay extra for PCGS rattlers and NGC-graded CC dollars in GSA holders, so it's possile.
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Pillar of the Community
United States
1283 Posts |
I would say since it's an old photograde, go ahead and send it in for "re" certification. If it grades higher then great. If not, it still has the original photograde.
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Pillar of the Community
United States
2448 Posts |
Wow, that's a nice looking coin. I've seen worse 65s, but how is the luster. It looks a little flat in the picture. I was just getting into Morgans in 81 and don't know if ANACS was real conservative or not on Morgan dollars that year. Something that nice should probably have graded higher. But, even if it does grade out to a 66, the price is only 50 or 60 dollars more than a 65. I don't think it can qualify as a D or DCAM. But hey, I'm no expert. |
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Replies: 13 / Views: 1,569 |
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Posted 01/05/2011 4:52 pm
