Grade another Morgan...please

Discussion in 'Coin Chat' started by tauferners, Oct 24, 2009.

  1. tauferners

    tauferners On a quest for knowledge

    After some practice I think I may have finally got good enough pics to post two of my morgans to see if some of the well trained eyes around here will give me an idea on the condition/grade. I have no intentions of getting them slabbed an I am not looking to "flip" these coins they are for my collection and am very happy to have them @ $25 each. I am looking forward to input on both the coins and my grades. Any reasons accompanying the critique of my grade would be helpful. Thanks
    I am guessing AU-50 on this 1904O
    That appears to be a very ugly thumbprint on the ob which I couldn't even see until I took the pics
     

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  3. tauferners

    tauferners On a quest for knowledge

    for bigger pics
     

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  4. Market Harmony

    Market Harmony supplier, buyer, refiner

    If you're happy with the coin for $25, then that is all the really matters. But if you're looking for a grade on it, then based on the pictures shown, I would say AU53 or AU55. I would choose between the 2 grades once I got it in hand. Your coin seems to have more detail than a AU50.
     
  5. tauferners

    tauferners On a quest for knowledge

    Thanks for the input and yes I am happy with the coin, I am trying to get some experience with an eye for what I am looking at/for in coins. Having more experienced members critique my coins and what I am seeing I think may help me. I think it has good detail and not much for wear, some rim hits and bag marks, minimal wear on the eagle's breast feathers on the rev.

    also that ugly looking thumbprint doesn't down grade very much?
     
  6. GDJMSP

    GDJMSP Numismatist Moderator

    I'm not so sure the coin has any wear. But I do think the obv has enviromental damage, maybe from PVC. But there's been something on it.
     
  7. coleguy

    coleguy Coin Collector

    There is something on that obverse from 7-11. Though the thumbprint may reduce eye appeal, it doesn't effect grade. I'd say low MS, depending on what's up with the odd coloring on obverse.
    Guy~
     
  8. tauferners

    tauferners On a quest for knowledge

    thanks for the info, I am not sure how much that print reduces eye appeal, the coin has good luster, cartwheel and I could only get the print to show up at just the right angle. It was harder to find it than it would be to hide it. I didnt see it when it was in the 2x2 and I only removed the 2x2 because it was well worn and looked to be falling apart.
     
  9. tmoneyeagles

    tmoneyeagles Indian Buffalo Gatherer

    For getting luster try using two lighting sources, directly hitting the coin, make sure the coin is laying flat/down as well.
    If the 2X2 was falling apart, it indicates it was old, and that some of the things we see on the coin, could be damage from that 2X2
     
  10. CoinKeeper

    CoinKeeper Keeper of Coins

    Hmmm, this is a tough one. The reverse looks like it's in low-MS shape since you can see most of the breast feathers and the fields look fairly clean. But, on the obverse the hair is a little worn and the fingerprint detracts from the overall appeal. I would say high AU or low MS depending on how lustrous the coin is.
     
  11. quartertapper

    quartertapper Numismatist

    I'd say it's an uncirculated coin and an MS-60 in my opinion. I'm surprised nobody mentioned the nicks on the face and neck yet.
     
  12. Phil Ham

    Phil Ham Hamster

    I was thinking an AU-58. It appears close to MS to me.
     
  13. chip

    chip Novice collector

    I do not see the same rub that I saw in the other, I will say ms60, I post this before I see the other replies, too many bag marks for more than a 60 IMO, 25 is a very fair price I think.
     
  14. CamaroDMD

    CamaroDMD [Insert Clever Title]

    I'm going to say this coin is MS-60. The 1904-O issue typically has just a touch of weakness to it's strike...as this coin appears to have. So, my guess is that little hint of flatness is the strike and not wear (but the pics aren't good enough to be 100% sure)...so I'm saying no wear. But, it has lots of dings on the obverse as well as an ugly fingerprint. So, MS-60 is my vote.

    Now, if it is wear and not a flat strike, due to the dings and fingerprint...this coin drops all the way to AU-50 IMHO.

    But, I'm going to say no wear and thus MS-60.
     
  15. b.j.

    b.j. Senior Member

    It appears that there is some wear based on what I see in the photos. I would say AU-53.
     
  16. Mark Feld

    Mark Feld Rare coin dealer

    The coin looks AU58 to me. Uncirculated Morgan dollars are extremely plentiful, and often can be bought for the price you have paid for what might only be AU examples.
     
  17. CamaroDMD

    CamaroDMD [Insert Clever Title]

    I don't understand how this coin could be AU58...it has so many bag marks and dings. If it is in fact circulated, I would think that all those dings would make it a low end AU...just as if it is uncirculated that all those dings would make it a low MS.
     
  18. Mark Feld

    Mark Feld Rare coin dealer

    Despite whatever marks it bears (and they don't seem nearly as bad to me as they do to you), the coin looks to have little, if any wear. I don't see how it should possibly grade lower than AU55.
     
  19. CamaroDMD

    CamaroDMD [Insert Clever Title]

    Maybe your right, I have always looked at AU coins like I look at MS coins. If they have no wear they are MS no matter how baggy, the more baggy the lower the MS grade. For coins that have a little wear, they are AU...the more baggy the lower the grade. In my eyes, to make AU58 a coin must be very clean and have a touch of wear...it would be a coin that usually has much better eye appeal than a MS60. But, maybe I'm wrong.

    In this case, I couldn't tell if that was wear or a touch of weakness in the strike...which 1904-O Morgan's are known to have. So, I said MS60 if it's a strike issue and AU50 if it's wear.
     
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