The toner that separates the men from the boys.

No, this one is not on my shopping list, but this coin is amazing. I wonder if anybody will "belly up to the bar" for this coin?

http://www.ebay.com/itm/1885-O-Morg...08?pt=Coins_US_Individual&hash=item33798b2564

 

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Separate "men for the boys"? Idk about that. Maybe separate those who believe in spending money on rare coins versus those who believe in spending money on tarnish dispersion. I have spent $2500 on a coin, but in this instance I guess I am just a boy.

Hey, to each his own, but I would rather spend that kind of money if I were a Morgan collector on a nice 89cc or a decent 93s, but that is just my opinion.

Great thing about this hobby is there is not right or wrong answer. Something is worth whatever someone is willing to pay, and if that makes them happy, great.

 

In my opinion, it should read "the toner that seperates the fool from his money"; personally, I would opt for a higher graded '85-O for about 2K less. Again, just my opinion.

 

http://www.ebay.com/itm/18093841752...X:IT&_trksid=p3984.m1423.l2649#ht_1864wt_1167


Thats my favorite

 

Oh, I agree with you. Notice that I buy toned coins at reasonable prices. My high end Morgans have generally been common dates in ultra high condition, or the keys. I am just curious to see if anyone will step up and buy this--I wouldn't spend that kind of money for a common date MS 65 Morgan, no matter how beautiful.

 

its looks overgraded. am i missing something.

 

Yes, you are missing the clean cheek.

That's a TPG 65 all day long, IMO.

$2.5k seems a bit steep, but Shane's free to ask whatever he wishes for his coins, and that coin certainly is a looker.

 

I know exactly what separates the men from the boys...parenting

Life as you know it changes the moment you have your first. I'll be having my second addition here in a few weeks, so I'll really be a different person afterwards

-Shaun

 

what do you mean clean cheek. I see contact marks on cheek, rim ding above the t on the reverse. are those acceptable for 65? Am i being to critical? I've sent in what i thought were great looking morgans and they cam back 63's.

 

I like the reverse, but the obverse looks like the Ohio river....a bit too oil-spilly for me.
Guy

 

Cheek looks clean enough to me; just a few hits and a few luster grazes. The obv. field is practically flawless and the toning is very consistent (virtually unbroken).

It's a beautiful coin that should make a toner enthusiast happy.

 

While I think the MS65 grade is okay, I'm not sure about the "+". But, on coins like this, the grade is secondary (almost irrelevant) to the toning. The people who buy these kinds of coins (me not included) aren't paying for a technical grade.

Regarding the cheek: remember, you're looking at images the size of your computer screen. Hold down the "Ctrl" key and hit the minus key a few times to get a better feel for the grade.

 

I sent a bunch of coins that were blast white, with similar contact marks and ngc graded them 63's and i got one 64. why would toning add to the grade

 

That's the weird thing, isn't it Doug? I bet you most here assume we hate toned coins. I know you have spoken about them before, and I collected these since I loved them in the 80's and 90's, especially heavy in the 90's. Heck, I have a very pretty iridescent greenish blue Type 1 buffalo that the dealer knocked 10% off to avoid having to dip the coin.

I truly LOVE toned coins. I know my avatar pic doesn't show it, but this RR has a very pretty tone to it in hand. I fall for beauty as well, I just disagree with a LOT of toning prices being asked nowadays, just like I disagreed with MS65 generic morgan prices asked in the late 80's, and many other instances. Sometimes I have been wrong of course, I still feel keys are dramatically overvalued today in US numismatics.

Chris

Edit: Btw, I would like to say publicly my views have nothing AT ALL with the person selling the coin on Ebay. Shane is a great guy, a member here, and has been great to ask questions of and try to understand this market. He is a smart man, knows his market and customers, and from what I hear a great dealer. My comments are only my opinion towards these coins in general. I also have similar comments about modern US, MS70's and other numismatic subjects. I mean no disrespect to ANYONE who likes coins I may not.

Man, reading that list, sure makes me sounds like a grumpy old goat, huh?

 

So is that coin.

 

I wouldn't use the word hate but I've never liked or bought a coin that looked like it was dipped in fruity pebbles. And I'm with Doug, that coin is about $2250 over priced.

 

Toning shouldn't add to a grade, but market grading is an unfortunate reality, so sometimes it does.

As for saying you submitted "similar" coins, this really has nothing to do with why the coin in question received that grade. While you may view your coins as being similar, they were not exactly the same as this one. As has been said countless times before, each example must be judged individually. That said, I do not like it as a 65 either, but can understand why NGC labeled it as such.

 

But guys, it's "NT!"