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Old 06-22-2009, 05:33 PM   #1 (permalink)
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1883 Proof Morgan Silver Dollar

Hey gang!!

I recently bought this coin out of an old collection raw (yikes I know right?). I was just packing it up to go to NGC and wanted to take a picture of it before I sent it off. This is what I came up with.

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Old 06-22-2009, 05:46 PM   #2 (permalink)
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From those pics this is at least a PF68....
GOSH, REALLY I DON'T SEE ANY FLAWS!
You think you have a PF70???
WOW!
Can't wait to see, what it comes back at!
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Old 06-22-2009, 05:54 PM   #3 (permalink)
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I don't know about that! hahah!! It'd be nice, it definitely is a nice coin but I was thinking more like a 65-66.
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Old 06-23-2009, 12:32 PM   #4 (permalink)
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I don't know about that! hahah!! It'd be nice, it definitely is a nice coin but I was thinking more like a 65-66.

Dutchman,

I was thinking about the same! IMHO, it will go at least PF-65 but not higher due to some slight compression or light rub on some of the high spots on Miss Liberty...especially the high spots on her' hairline. There also appears to be the same on the high spots on the Eagle. I'm also concerned what the Graders may say about the texture of Miss Liberty's face. All in all, a very nice Proof Morgan that any Collector would be honored to own!


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Old 06-22-2009, 06:48 PM   #5 (permalink)
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From those pics this is at least a PF68....
GOSH, REALLY I DON'T SEE ANY FLAWS!
You think you have a PF70???
WOW!
Can't wait to see, what it comes back at!
The degree of hairlines is usually the major determinant of the grade for Proof coins. And hairlines usually don't show up well, if at all in images. I would bet, just based on the odds and populations, that 1) the coin has obvious flaws (in the form of hairlines) and 2) grades nowhere near a 70. And that's even if it's a nice/quality example.
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Old 06-22-2009, 06:51 PM   #6 (permalink)
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The degree of hairlines is usually the major determinant of the grade for Proof coins. And hairlines usually don't show up well, if at all in images. I would bet, just based on the odds and populations, that 1) the coin has obvious flaws (in the form of hairlines) and 2) grades nowhere near a 70. And that's even if it's a nice/quality example.
Would be nice to see this coin in hand.
I'm not saying it would grade 70, and oh boy, that would really be something! But, I am very interested as to what this may come back as
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Old 06-22-2009, 06:57 PM   #7 (permalink)
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WOW!, that is one fine looking coin.
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Old 06-22-2009, 06:59 PM   #8 (permalink)
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Wow, beautiful Morgan. I don't have a lot of experience grading these proofs but it sure is clean looking...I can see a mid-60s grade. I'd love to hear what it comes back as.
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Old 06-22-2009, 06:28 PM   #9 (permalink)
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The devices don't look like they are frosty at all, are they pretty much the same color as the fields or is it just the photo?

Very interesting and I'm curious how it will grade.
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Old 06-26-2009, 01:44 PM   #10 (permalink)
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The devices don't look like they are frosty at all, are they pretty much the same color as the fields or is it just the photo?

Very interesting and I'm curious how it will grade.
Crusty
These old proof coins are not like modern proofs where every coin is a nice frosty cameo.

The cameo effect was produced only for the first couple of coins from each die.

Then it wore off and the cameo gradually became less pronounced, until there was no cameo effect left.
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Old 06-26-2009, 01:49 PM   #11 (permalink)
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Crusty
These old proof coins are not like modern proofs where every coin is a nice frosty cameo.

The cameo effect was produced only for the first couple of coins from each die.

Then it wore off and the cameo gradually became less pronounced, until there was no cameo effect left.
"First couple of coins" sounds like a huge understatement to me. The large numbers of cameos extant indicate that it was a lot more than "first couple of coins".
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Old 06-26-2009, 02:13 PM   #12 (permalink)
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"First couple of coins" sounds like a huge understatement to me. The large numbers of cameos extant indicate that it was a lot more than "first couple of coins".
okay, more than 'the first couple of coins'.
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Old 06-26-2009, 02:36 PM   #13 (permalink)
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"First couple of coins" sounds like a huge understatement to me. The large numbers of cameos extant indicate that it was a lot more than "first couple of coins".
Well, it's more than the first couple coins...but when the annual mintage production is 1000 or less (usually), there really aren't many of either.
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Old 06-26-2009, 02:47 PM   #14 (permalink)
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Crusty
These old proof coins are not like modern proofs where every coin is a nice frosty cameo.

The cameo effect was produced only for the first couple of coins from each die.

Then it wore off and the cameo gradually became less pronounced, until there was no cameo effect left.
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Well, it's more than the first couple coins...but when the annual mintage production is 1000 or less (usually), there really aren't many of either.
There are 1356 cameos and an additional 176 ultra cameos (compared to 5441 non-cameos) for the Proof Morgan Dollar series listed on the NGC Census report. And there are 914 cameos and 139 deep cameos (compared to 6422 non-cameos) on the PCGS population report. And there are, no doubt, more cameos still in non-cameo holders, which were graded before the grading companies started using that designation. Cameos aren't really all that rare on a relative basis.
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Old 06-22-2009, 07:05 PM   #15 (permalink)
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Wow , that's three wows in a row , I'd say a 65 but hard to tell from a picture , are there many hairlines that don't show up , if there isn't you just might get that 66 , and a 65-66 Proof Morgan is a fine coin anyone would love to have .
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