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You Vs PCGS, 1904 O Morgan

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djhughes's Avatar
United States
121 Posts
 Posted 08/13/2011  4:16 pm Show Profile   Bookmark this topic Add djhughes to your friends list Get a Link to this Message Number of Subscribers
I got this today and wanted to see what grade you would give this coin. It is in a slab from PCGS. Please take a look and let me know what you think? Thanks. Also what kind of value would this coin carry?

You-Vs-PCGS,-1904-O-Morgan

You-Vs-PCGS,-1904-O-Morgan
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Darth Anarchus's Avatar
United States
1388 Posts
 Posted 08/13/2011  7:28 pm  Show Profile   Bookmark this reply Add Darth Anarchus to your friends list Get a Link to this Reply
Obverse- MS-63, Reverse- High MS-64, Net MS-64... A little bit of strike weakness in the obverse, but the reverse is very good for a New Orleans strike, which are typically weak(not all the time though)... Nice coin
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atlashealth's Avatar
United States
1691 Posts
 Posted 08/13/2011  8:03 pm  Show Profile   Bookmark this reply Add atlashealth to your friends list Get a Link to this Reply
tons of mint luster...a few too many bag marks to
grade GEM...MS-64
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Canadian-Banknotes's Avatar
Canada
4944 Posts
 Posted 08/13/2011  8:41 pm  Show Profile   Bookmark this reply Add Canadian-Banknotes to your friends list Get a Link to this Reply


MS-64
Numismedia Lists the coin at $90 in MS-64
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aladinslamp's Avatar
United States
3076 Posts
 Posted 08/13/2011  11:21 pm  Show Profile   Bookmark this reply Add aladinslamp to your friends list Get a Link to this Reply
Looks like a very nice strike for New Orleans, the REV knuckles are very clear and clean, a many hits in today's grading standards to make MS64, MS63 by any compared to older grading standards But I wouldn't be surprised to see AU 55/58
yet hoping to see MS62/63....
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Canadian-Banknotes's Avatar
Canada
4944 Posts
 Posted 08/13/2011  11:44 pm  Show Profile   Bookmark this reply Add Canadian-Banknotes to your friends list Get a Link to this Reply

Quote:
But I wouldn't be surprised to see AU 55/58

I was having the same problem. I was not sure if I seen rub or a weak strike. I ended up choosing weak strike.
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aladinslamp's Avatar
United States
3076 Posts
 Posted 08/14/2011  02:32 am  Show Profile   Bookmark this reply Add aladinslamp to your friends list Get a Link to this Reply
I am in agreement with you...yet a weak strike usually has flat leg feathers and flat knuckles, knuckles are strong for this coin. legs look good only the chest has wear....he didn't say I just sent this in and got it back..... but rather I just got this coin.. which could be an older slab with older grading standards...But this is not all bad either...Most of us do the wear and tear and have a good idea of what the grade could/should be and are very close...the one thing that graders know is some years have very bad strikes and while everyone seams to thing that any date from New Orleans is a weak strike....its not so.. though there are many coins which suffer from this,,,Take 1881-s...a spectacular year of WOW strikes yet most are not MS65..WHY...
the year is spectacular they have different grading standards which is hard for most of us to realize...than many years which have abnormal strikes or its common to have a weak strike so lets put them all into a weak strike bucket....and discount all New Orleans mint marks for any year from say 1888 to 1904...MANY are weak.. but they are flat struck. meaning in my humble opinion....OBV ear hair can be flat little detail for the obverse hair just above the ear but well defined everything else I mean crisp detail for an MS coin, Chatter ect... for the reverse if t he chest is flat.. so should the legs and the knuckles...
after all the chest is highest, and so is the wing tips..
grading standards suggest if any wear on the chest or...wing tip's is present....then its an AU coin..the delema is figuring out weakly struck coins...how ever you may disagree that in this coin the knuckles which look like MS 63 PLUS the coins chest shows wear, its not flat struck... the legs look full o f detail too.
In general this is true, but can not figure out what rules that guy will allow when it passes his eyes for grading...
I have seen lately Au coins graded with better chest feathers than the common MS63 coins, don't know why they never made MS...or why WE I MEAN WE Can't evaluate a coin unless we pay money for it....People we have eyes.. and years of experience....to know the difference that you don't need to pay....but thats what we do..
SO BRING IT ON... US VS PSGS oh by the way when was it graded?green holder?Need I say more to those who submitt today? but lets hear it...
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aladinslamp's Avatar
United States
3076 Posts
 Posted 08/14/2011  02:38 am  Show Profile   Bookmark this reply Add aladinslamp to your friends list Get a Link to this Reply
By the way, this post has nothing do with you DJ...Its only about the TPG's and there grading standards of what we bought some time ago and what we would submitt today and the grades we would receive TODAY...All comments are asked and welcomed
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djhughes's Avatar
United States
121 Posts
 Posted 08/14/2011  09:56 am  Show Profile   Bookmark this reply Add djhughes to your friends list Get a Link to this Reply
I want to thank everyone for their replies. I posted this topic so that I could get insight of how other people see the same coin, Please dont think that this was about who could get the right grade or any kind of contest. I'm new to collecting and this is my first Morgan and my first certified coin. By the way I will always believe that a grade for a coin is in the eye of the beholder, even if it is in a PCGS Slab. So here is what PCGS thinks.... Thanks again for the insight.

You-Vs-PCGS,-1904-O-Morgan
Valued Member
djhughes's Avatar
United States
121 Posts
 Posted 08/14/2011  10:06 am  Show Profile   Bookmark this reply Add djhughes to your friends list Get a Link to this Reply
By the way I bought this coin as is, someone else sent it in. I have been going to this Antique Mall and there is a coin dealer set up there. He was gone yesterday to a coin show and I hope to see what he got tomorrow. He has even ask me to join him on some of his coin show trips, and that would be great cause I have never been to one.
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