1904 Morgan *Grade*

It does appear to me to fall into the 63 category.
I am really happy with this coin, but if I could get the avg Heritage price, she'd be gone...LOL
I'm happy.

 

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The auction is in the basement of a church here in northeast Ohio.
They have one about every 2.5-3 months.
Honestly, prices are really cheap (for the most part) and there are usually 300-400 lots.
The pricing the lots go for are really erratic.
Bust coinage in decent shape generally goes for 110% of RedBook/CoinValues prices.
Morgans tend to go for 40-50% of RB/CV price.
Walkers go about 60%
Ect....ect....
90% of my coins have came from this auction.

I did not look at it, but there was a raw 1873 $20 Gold Liberty that was supposed to be MS-63 that went for $2550.
I know, I should have bought it, but I didn't look at it and couldn't bring myself to do it.

BTW..... there is of course the possibility that I may have overlooked something. I am not arrogant enough to think otherwise.

 

For anyone interested, I looked up information about this proof in David Bowers Guide to Morgan Dollars.
On page 92, it makes specific reference to Proofs produced 1902-1904.

*paraphrased*
It states that these dates are made without the cameo affect and contain no frosting.
The portrait of Miss Liberty was polished in the die, possibly by an unexperienced employee.
(pg 268 refers to it as a chrome look)
It further states that the dies were spaced too far apart, which caused flatness in that hair above the ear of Miss Liberty and the breast of the eagle on the reverse.

 

Yessirree, you sure did.
I was just backing ya up, Chief !


Also, I just wanted to see if you'd be proud of me for reading.
*sniffle*

 

This still just doesn't look like a proof coin to me. Photo's are very deceiving on older proofs, but to me, it just doesn't look like a proof. I still think it is a high grade Mint coin.

Ruben

 

PR- details, the toning is way too dark, and might be corrosion.

 

5 years late on the draw...

 

And proud of it!

 

Well you really couldn't expect him to answer 5 years ago, I mean he was only 6!!!

 

Pr 62 imho.