stuck on Morgan dollar grade help please

I think it fits the classic definition of AU58: an MS63 coin with rub. I wouldn't be at all surprised with a grade up to 63 or so (and better photos might change my mind in that direction), but anything below 58 would shock me.

 

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This post has been a blessing ( at least for me ).. 2 little paragraphs have said a great deal when thinking about condition based on more than a simple number.. I always look at eye appeal as well as condition.. but I would always think ms 60 must be better than au50-58. This makes perfect sense now that I have seen it conveyed in that light..

Thanks!!!

 

thanks hobo for response

 

I guess the this is a problem for most recognizing a nice au58 compared to a ms by looking at all the replies the decision is split....this is tough

 

Hmm, a toughie to grade without good pics. Given what looks to be luster breaks on the cheek under the eye and on the neck near the date, I'd go AU58, but I think a TPG might (25% chance) let it slide into an MS63 holder.

 

I'm going with AU62.
But could be a MS58 also

Those tweeners can be tuff sometimes.

 

Big money change between the two grdes too

 

Soooo wierd news on this coin good news at that. I had gone to bay tate coin show and showed this morgan to three different dealers there. They quoted me what theyd buy it for there on the spot andthe prices were...$500,400, and350. This suprised me because if they were gonna lay out 350 plus i would think theyd try to double up...i may submit now thinking it may be ms

 

I knoow i regretted it after

 

U know i have 5 frr submissions i guess thatll be one ofthem i hope i dont live to regret this decision

 

Just an update guys sorry to bring back an old thread but i sent it out to ngc. Drumroll........ms61.... wow i think i lucked out

 

One of the things that is not taken into consideration is that during and for a few decades after this coin was minted, collectors kept their coins in a cabinet that had felt lined drawers. A coin that some would say is AU-58 actually could grade in the lower MS range. This is referred to as "cabinet wear". The drawers when opened and closed allow the coins to slide back and forth creating wear on the high points. I have the coin cabinet my grandfather made for his collection complete with felt lined drawers made from pool table felt remnants. It was made proir to WWI. Coin boards, folders and albums didn't start to show up until the 1920's and later. Just be glad it wasn't cleaned as this was common practise even with the National Cabinet. It too had felt lined drawers and the coins were placed loosely on the felt. Periodically a "caretaker" would pollish the "tarnished" coins.

 

Congrats on getting it into a MS slab. Graded better than I was thinking it would... doesn't seem baggy enough for a 61, so don't really know what is going on there unless the pics don't show it well enough.

 

O i dont think there is weak strike on this coin...for a 94-o id say it has above average strike. Maybe because it does it deserved a bump...kind of makes you think how can they bend the guidlines like that?

 

If coin grading was a hard science, we would have computer programs so an individual could scan a coin and have an official grade. It would all but eliminate TPGs.

 

Somebody tried that already.

 

I mean.i really could see no wear on this coin and the reason i thought it would grade low is due to what merc pointed out on the face ...the wipe looking scratches....i guess it may happened through rough storage.

 

Post #21 above rang exactly true to me, as did this one, and GDJMSP's comment that he'd have sold it fast at $500. What are you going to do with it now? Keep? Sell? Crack it open for another attempt?