1888 Morgan MS67/with Question

Discussion in 'What's it Worth' started by old_morgans, Jan 2, 2012.

  1. old_morgans

    old_morgans New Member

    I've got a few nice Morgans possibly worth something, but the only problem they are graded by NTC which is NOT a good grading service. I am considering to have the really good ones re-graded via PCGS or NGC.
    If I get my coins re-graded, I'm wondering what it cost to go PCGS or NGC? What are the chances of being able to trust a coin grade Co. making sure they don't trade coins with you?
    Check out these and give your feedback; Thanks 1879-S.JPG 1888-F.JPG 1921-D.JPG 1878-CC-A.JPG 1887-O-A.JPG
     
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  3. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    I think you would be in for a big disappointment if you submitted either of the NTC coins. A lot of collectors know that NTC overgrades, but they are also known for slabbing problem coins, and I don't think either of those will get anything but a details grade. Save your money!On that NGP (????) slab, it's hard for me to tell because the photo was taken at a slight angle which will sometimes hide some marks. Besides, I could only give you half a grade without seeing the reverse.Chris
     
  4. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    There is one other thing I forgot to mention............


    Stop buying coins in third world slabs. You will only get ripped off if you can't grade them yourself, in-hand!
     
  5. GDJMSP

    GDJMSP Numismatist Moderator

    I think he figured that part out Chris.

    As for your question old morgans, you can trust NGC and PCGS to not switch coins on you. Simply put - that aint gonna happen, ever.

    But before you go spending the money to have NGC or PCGS re-grade your coins - and yes it will be expensive - you need to post good pics of them (both sides) and let us offer our opinions as to whether or not it would be worth it to submit those coins.

    From what I can see of what you have there - none would be.
     
  6. old_morgans

    old_morgans New Member

    Thanks GDJMSP

    Is NGP a good grading service? Do you think this 1888 Morgan is worth a regrade?
    I've got quite a few coins I will take pictures of some graded and some not graded. Yes, I was aware all the time that NTC
    is not a good grading service. At the time I bought the NTC coins I did not know it though. 1888-F.JPG 1888-B.JPG
    Here are some interesting coin links:
    All About Mintmarks
    http://coins.ha.com/ref/mintmark.zx


    Coin Grading Tutorial
    http://coins.ha.com/c/ref/grading.zx

    Grading Survey Results
    http://www.bestcoin.com/Coin-Grading-Survey-Results.htm


    This I really Like. I will register & record what few PCGS coins I do have.
    PCGS Set Registry
    http://www.pcgs.com/setregistry/kioskdefault.aspx?k=10005




    _____
     
  7. BUncirculated

    BUncirculated Well-Known Member

    Currently, the two best, and most reliable and reputable are, NGC Numismatic Guaranty Corporation and PCGS Professional Coin Grading Service.

    ANACS American Numismatics Association Coin Service and ICG Independent Coin Grading are 3rd and 4th.

    Anything else is known as a basement grader, not reputable, and usually over grade everything they slab.
     
  8. jello

    jello Not Expert★NormL®

    My 2cents

    :) both of the NTC & 1888 coin should grade but no way near MS-66.but send them to Anacs they should have a sale soon 10-$10.00 w/Free return shipping
    Ngc & Anacs could change,but as Doug said its$$$$
     
  9. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    It's Numismatic Guaranty Corporation!

    Chris
     
  10. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    I just hate to see anyone throw their money away!

    Chris
     
  11. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    My guess is that NGP is a self-slabber, and this coin is overgraded by 3-4 grades.

    Chris
     
  12. BUncirculated

    BUncirculated Well-Known Member

    Corrected.
     
  13. old_morgans

    old_morgans New Member

    Chris / 1888 Morgan

    Yeah, I'm sure it probably is over graded by 3-4 points. I may check with PCGS and see what they think.
    www.HA.com is real good about giving their opinions.
    Thanks Chris...

     
  14. BUncirculated

    BUncirculated Well-Known Member

    I think you would be better off just cracking the NGP slabs and submitting those coins to PCGS or NGC in a flip and get a more unbiased opinion on grade from either of those two.
     
  15. GDJMSP

    GDJMSP Numismatist Moderator



    Definitely not !

    No I do not.
     
  16. BUncirculated

    BUncirculated Well-Known Member

    I'll go one step further in, first I agree with Doug on the re-grade. But in looking closer at the 88, we know it is definitely NOT a MS67, IMHO it would come back in the lowest MS scale of grade, if not an AU label, because of the hits all over the obverse and the reverse is not all that terrific either.

    It's a common Morgan, 19,138,000 struck at Philadelphia that year, and unless it's a rare VAM, which I don't see from these pics, it would not be a cost effective idea to resubmit it to a more reputable TPG.

    The 79-S, now that's a keeper and does look like NGC hit the mark on that grade.

    The 21-D, I don't agree with ANACS' grade on that. Looks like it should be more highend AU, but not MS.
     
  17. GDJMSP

    GDJMSP Numismatist Moderator

    If it was anything BUT a '79-S I might even agree. But since it is a '79-S I can't see it going higher than 64.
     
  18. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    We haven't seen the reverse of the 79-S, but I shall assume that it is not the "78 Reverse" (PAF) variety.

    Chris
     
  19. BUncirculated

    BUncirculated Well-Known Member

    Wouldn't that have been noted on the label?
     
  20. BUncirculated

    BUncirculated Well-Known Member

    I think that's one that could be right on the line of 64/65. And as Chris pointed out, the OP hasn't posted pics of the reverse of that one for us to look at either.
     
  21. VNeal

    VNeal Member

    This is why I only purchase PCGS & NGC graded coins.
     
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