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 Replies: 16 / Views: 2,810 |
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New Member
United States
24 Posts |
My mother just found a roll of 12 1902-o Morgans in her closet. She forgot about them. They have been sitting there since at least the 50's. I need to get them graded because ms-67 are going for big bucks. Anyone want to venture a guess? I was going to send them to NGC. Rich  Edited by RichEsq1
01/20/2011 9:49 pm
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Pillar of the Community
United States
4846 Posts |
i would not send any of them in if that is the best one in the roll, it looks like an AU. dont get them graded, you'll lose more money than ever by doing that.
Edited by Adam_E
01/20/2011 9:26 pm
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New Member
 United States
24 Posts |
Here's the back  Edited by RichEsq1
01/20/2011 9:44 pm
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Pillar of the Community
United States
1424 Posts |
could you crop the pictures and re-post them?
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Pillar of the Community
United States
6385 Posts |
Could be MS with strike weakness above Liberty's ear and on the eagle's breast. Even at the MS-64 grade level the value does not justify the grading fee.
You have a cool $400 or so worth of Morgans. Not bad!
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Bedrock of the Community
United States
14454 Posts |
if that is the best looking coin she has there is no chance of it coming back MS-67 unless you send it to a bottom slabber like SGS and if you do that it still will not sell for anywhere close to what a true MS-67 will sell for. It may have a weak strike making it a MS-63 coin but even if it was I wouldn't waist my money to have them all graded because its just not worth the grading fee's
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New Member
United States
24 Posts |
The scanner is not doing them justice. I took them to a very reputable dealer who said they are a 65 or 66.
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Pillar of the Community
United States
4846 Posts |
you may want to rethink about him being reputable, this is no where near a 65 or 66.
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Pillar of the Community
United States
4989 Posts |
Nice coin probably MS-63 or MS-64 weakly struck I see quite a bit of original luster on that scan. It probably can't make MS-65 with that much "chatter" on Liberty's cheek and the obverse field but scans can be unkind so do please post some natural light photos.
MS-66 is out of the question you need a super clean cheek with no obvious luster breaks.
[EDIT my best guess is that the coin pictured is MS-63 most all these 1902-O's have considerable strike weakness so that's not a big factor even for a 65 I base the 63 mostly on the cheek and field chatter]
Edited by fenton
01/20/2011 11:04 pm
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Pillar of the Community
United States
3076 Posts |
I would sell them to your reputable dealer if I were you....  you may make the most money from him.... |
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Bedrock of the Community
United States
10982 Posts |
Nice find for sure! The pictured coin looks like an MS64 at best and would be worth about $60 if certified at that level. You can find images of numerous examples of MS65 and MS66 pieces on the Internet. Take a look around and see how your coins stack up. I agree with the other posts, a 66 or 67 seems out of the question.
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Moderator
 United States
56855 Posts |
Sell them to your dealer. If he thinks they are MS65-MS66 then he should buy them from you at those prices for a MS65 which is $181 and MS66 which is $538. Of coarse he will pay you less then these prices because these are retail figures that I got off of Numismedia.com
John1 
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Pillar of the Community
United States
4989 Posts |
Good point if that dealer won't pay MS65 money, he is not a confident grader
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Pillar of the Community
United States
2797 Posts |
This is another example of a New Orleans "weak strike". It may grade as high as 64, but to go above that, there needs to be better definition on the hair just above the ear and the eagle's breast feathers. The fields and cheek are very clean which may have led your "reputable dealer" to assign a 65/66 grade to this. PCGS, NGC and ANACs will look at the areas above the ear and the eagle's breast.
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Pillar of the Community
United States
3276 Posts |
Whatever your dealer says the grade is, you should sell to him for the price of the grade lower. lol, you'd walk out of there a huge winner. and if he thinks they are graded that high then he might think he is a winner.
actually, come to think of it, is he by any chance a grader for sgs?
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Pillar of the Community
United States
4989 Posts |
Bank rolled UNC coins tend also to be MS-60 to MS-63. There might be one or two MS-64 and perhaps one MS-65 in there on average.
Statistically speaking, there will usually not be an MS-66. You'd need about 10 rolls to get one of those.
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Replies: 16 / Views: 2,810 |
Posted 01/20/2011 9:23 pm
