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Replies: 14 / Views: 2,127 |
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Pillar of the Community
United States
1582 Posts |
Alot of you have seen my small well circulated collection, so you'll understand when I say I don't have alot of experience in grading uncirculated coins. I'm sure it's uncirculated, but I've no idea as to what degree (grade). This one came to me sealed in one of those plastic GSA thingees with the black background - it looks nice, but it does have evidence of contact - I assume those are marks are a result of bouncing around in a bag with a scad of other Morgans. If it were going into your set, what grade would you assign it? Thanks - Ralph  
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Pillar of the Community
Canada
4944 Posts |
Looks like an MS-63 to me. Whats on the reverse between 12 and 1? Nice Coin!
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Pillar of the Community
 United States
1582 Posts |
Appears to be discoloration/dull spot. Nasty scrape on the cheek(obv) and to the right of the arrow tips(rev), and numerous die cracks (rev).
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Pillar of the Community
United States
6389 Posts |
Strictly graded, MS-62. With the typical "Carson City" grading bump that often seems to boost CC Morgans at PCGS and NGC, it would earn MS-63. Might have been worth more if it had been left in the GSA holder. I bought my 1881-CC in a GSA case as well and cracked it out. It graded MS-65 when I later sent it to ANACS but now I kind of regret that I didn't just leave it in the original case. 
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Pillar of the Community
United States
4989 Posts |
Very nice mint state example I will say MS-63 due to the obverse cheek and field chatter. Reverse is very strong.
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Pillar of the Community
United States
1554 Posts |
Very nice. MS63-64 depending on cartwheel/luster. 1881CC coins were struck quite well. The scrapes are not that bad and it appears to have minimal bagmarks. 63 for sure but would have to see in hand to say 64 for sure.
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Pillar of the Community
 United States
1582 Posts |
Overall luster is nice - mighty pretty in the sunlight.
Jaobler - I'm a collector - keeps the fun in it. I suppose if I was buying for resale someday, I'd probably kick myself, somewhere down the road, for cracking it out, but, hopefully, that day will never come, and I hope to still be enjoying this fantastic hobby right up until the day they throw that first shovel full of dirt in my face. :)
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Moderator
 United States
23522 Posts |
It's my guess (and my hope) that GSA Morgans will lose their cachet sometime down the road. Nothing about their existence really lends itself to the appellation "historical" - they're simply a whole bunch of coins that were left over because public demand outstripped supply. So they sat, dusty, useless, until the government decided to rid themselves of them and sold them for what amounted to stupid profit compared to their cost of production. The cachet of the mint mark is far more compelling, and by rights ought to be the foundation of its' worth. I agree completely with jaobler's opinion. There's a surprise. 
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Pillar of the Community
United States
4989 Posts |
I would never pay more for one of these simply because it is in a GSA holder. Agree with SuperDave that's just plain stupid.
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Pillar of the Community
 United States
1582 Posts |
Guys, I think the draw for alot of folks is they know the GSA Morgans are uncirculated. I believe it's just a mind set thing right now.....it may pass in time as so many other things have over the years. I agree SuperDave - the mint mark is, indeed, a key factor, as well as the low mintage.
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Pillar of the Community
United States
1547 Posts |
I think off these pics I could give it a MS-64. You've got a VAM, there, look at that reverse.
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Rest in Peace
United States
5375 Posts |
I actually think that the 'chatter' is more just luster abrasions that were picked up too much in the light. This one looks very clean to me. I was thinking 64+
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Moderator
 United States
23731 Posts |
I think it would just make MS-64.
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Pillar of the Community
United States
3076 Posts |
I'm on the fence with this coin,, if it were only the face I would say MS63, but there is more over the eye......Its a VAM 5 at MS62...
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Pillar of the Community
United States
4989 Posts |
Perhaps very strictly graded it might be a 62 but by PCGS or NGC standards it will make 63 possibly 64
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Replies: 14 / Views: 2,127 |
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