I know nothing about grading,but if this coin is AU ,........ This thing looks like it got ran over by a street sweeper. And the price. Wow. http://cgi.ebay.com/1894-O-MORGAN-S...ryZ11979QQrdZ1QQcmdZViewItem#ebayphotohosting
A lotta dings, could be a XF45 - AU50 slider.. Appears to carry good details despite the abundant dings.
Slider means it could go either way, depending on the grader, I think it deserves an XF45 but it is close to AU50 .. So in other words I think it has a good chance of getting an AU50 if regraded by one of the top 3 ( PCGS, NGC, ANACS)
The grading service: "GEC " sounds like the noise that I made when I saw the coin! This is the choking sound at the grade. Yup, cleaned or polished
Yikes!!!! 500 dollars, the guy wants too. GEC must mean Grossly Etched Coin. Forgive the Yoda like writing. LOL
tommy: Slider is a coin that is nearly uncirculated, but missed the mark. That is, wow this is harder than I thought. Okay, uncirculated is MS-60 (for a plain old unc coin). An Au (almost uncirculated coin is from AU-50 to AU-58. The Au-58 is nearly unc, but just misses. So, it is called a slider, I guess perhaps because some dealers would slide it out as an unc coin.