I am in the process of upgrading the common date Morgans I own with ones at least a grade better than the one I sold. Here is the current acquisition. I am rather happy with it as it replaced a MS 65 that was very nice, but this one really makes it go for me:
I think the obverse is probably PL, but the reverse almost definitely isn't. What I think it is close to is knocking on the door of 67. Not quite, but close.
Is that what they consider the "OLDER GREEN HOLDER" BEACUSE THERE MORE STRINGENT ON THEIR GRADING PRACTICES THAN THOSE MORE RECENTLY CERTIFIED..
OGH: AFAIK yes, but I am not sure if it's a first gen holder though. Ask @Conder101 for more details. PL: Nope, too much haze/toning on the rev, so it's not a PL.
Not a first gen, they had typewriter font. I think this is an early-mid 90s slab. As for grade I think it's spot on. Too much luster break in focal areas for a 67
Good luck on your upgrade project. Be sure and post your 1895 proof when you get it. I will do the same when I get mine!
I would agree that it is definitely graded appropriately. A 66+ would have probably gotten it exactly, as the obverse is like Frosty the Snowman. It is definitely proof like. However, the reverse brings it down to the grade it got as the reverse is a definite 66 and no more. The coin is very clean in hand, and looks even more brilliant. Once again, quite happy. Going to replace the commons with all 66 or 66+ coins, and do it very gradually. I think as suggested above I might not worry about the 1895 proof, but who would call that one common, anyway? lol
That's a nice clean frosty 66 with a pl obverse. Looks like a window in January in Maine. A good looking coin and I'm not usually a fan of white coins but I really like this one. I'd call the 66 grade with a green bean spot on. It's an upper end 66 with a ton of eye appeal. My 80-s is a 66 cac too with toning instead of frost
Speaking of the 1895 proof, I got a flier yesterday from David Lawrence coins touting a PR8. No typo. A circulated proof. Real interesting coin to look at, which is about as far as I am going to get to it.
Very pretty coins, indeed! We all enjoy the hobby according to our own standards, to satisfy ourselves. Many people will buy a lower grade coin now, intending to sell it later and buy a better one. It is, of course, a loss that can be avoided. If you just save your money and buy the coin you really want, you will not pay more than you need to. This is well known. I have a Coin World article from 1999 that does the arithmetic for several examples. You pay, say $215. You sell it for, say, $155 and buy a better one for $400. The better one actually cost you $455 because you ate a $55 loss on the first coin. Again, of course, we all work on our collections. If a nicer example comes along, sure, satisfy yourself. Just realize that that is not an investment strategy.
Well, I would normally agree with you, but the thing is, often, collectors are satisfied with the ones they have. Then, over a period of years, they decide to upgrade. The coin in question (the original MS 65) was sold a while ago, at a nice profit. So, I really don't worry about the financials, as I have never lost nor gained a tremendous amount buying and selling coins--it is all about the hobby. I tend to get coins that are pretty, with a good price on them--one of the dangerous aspects to this hobby is to impulse buy, and end up overpaying.
