Don't know much about morgans but I think the MS64 is a good grade for it based on what I am seeing. And after reading the comments about the MS66/CAC one, I am not sure.
The 1880-S had planchet marks or some form of die lines. This coin is not attractive to me due to these marks. The 1900 is fine as it is because of the micro hairlines all over the obverse.
Oh, ok. I'm not surprised it didn't get a details grade. I think it's a very nice coin and the polish lines enhance the look of the coin, adding a uniqueness to it. I am surprised that it made it into a 66 holder. It does have a stronger strike and more luster than the 1900 O, but I think the 1900 O has much cleaner surfaces.
If I'm not mistaken the pic of the '80 s is a true view image. I bet the image highlights all the scrapes and that in hand the coin looks much much better. I wonder that if the OP reimaged both coins at the same time with the same lighting if our opinions would change.
I bet the luster is booming on the 66 and the marks are not nearly as noticeable in hand. The 64 does have some light hairlines scattered around. Although the labels say the coins are 2 grades apart, maybe you have a 64.8 and a 66.3 - one and a half grades apart. Grading mint state coins involves more than just counting the blemishes.
Personally, I think the 1880-S is more of a forgiving year/mm combination than the 1900-O. As such, the 1900-O is scrutinized more closely by TPG's since the liability is almost double that of the 1880-S. In other words, the 1880-S is more common than the 1900-O despite the mintage numbers.
Just sitting down now to read through the comments. I could have saved a lot of if I paid MS64 money. I paid under retail for MS66, but with the CAC sticker I paid what I would say was a "fair" price. I didn't overpay for the grade, but probably did for this particular coin...
I do like the 1900-o, mostly since at one point this was the nicest coin I owned, and I also submitted it myself to NGC along with a lot of IHC from my childhood collection. The coin seems fairly graded to me, but there are very noticeable hairlines. Regarding the 1880-s, here is where I think I got sucked in: MS66 plastic, CAC sticker, and the real kicker "free" PCGS TrueView pics. In addition, 1/3 the cost was a Christmas present, so I think I was too quick on the trigger. Normally I am extremely deliberative on coin purchases.
Yes to both. Having never done this, would they preform some sort of photographic review of my coin? Let's say they decide it shouldn't be out in the wild with the green bean, how do they handle that?
if you don't like the coin, regardless of the grade, return it. It will find your eye every time you look at your Morgans if you keep a coin that you're less than satisfied with
I've said in the past I like the look of die polish lines on various coins, based on many pics I've seen posted here and other forums. But now that I own a coin with said striations, I am not so sure about my previous opinion. Agreed about the hairlines on the MS64, but I do wonder if this would mean it won't CAC. Thanks for your input.
Yes, I would say I have until Monday to send it back or now. I am more than embarrassed to initiate a return, but I am strong leaning that way... I wanted to start out on a good note with this dealer, as this is my first purchase from him and I thought it could be a good source of future coins.
Yup, correct on the TrueView. I already made up my mind about doing exactly as your stated, this is really the only fair comparison. The coin does look better in hand than the supersized ultra sharp PCGS pics, but it still does have all those hits. The cheek does not look as bad in person. New pics coming today or tomorrow for all your welcomed input.
Good point. One downside to spending so much time on auction sites, I see a lot of great static pictures of coins (thousands), and not so many MS66 / 67 in hand to rotate under the light. Actually, I don't think I've ever held an MS66 coin in person beside this one... Now I'm going to hear it!