This was a coin from my aunt got from my grandfather. My mother wants me to get it appraised but I don't think its worth bothering the coin dealer, so I thought I'd bother anyone willing to post here. We will keep it in the family, but its nice to know what you've got. I said i thought it might go for $30 -$35 tops, though I've never really evaluated before. What are your thought?
I think you are looking at bullion plus the few dollar premium Morgans usually bring. I would say $20 give or take two on Ebay, but then you have 13% fees between Ebay and PayPal. With the green (PVC?) you are probably looking at melt value from a coin shop. It is a common date not a high grade. Edited to have three completed Ebay listings: http://www.ebay.com/itm/1889-O-Morg...548402?hash=item25c35e9ff2:g:6HEAAOSwGtRXzGFS http://www.ebay.com/itm/1889-O-MORG...750495?hash=item21161a699f:g:cKgAAOSwvzRXyFoL http://www.ebay.com/itm/1889-O-MORG...765473?hash=item2116486ae1:g:17oAAOSwdIFXzGMo
Green at the top right on the obverse and top reverse appears to me as the crud on old coins. I forgot the official terminology I once read.
More likely PVC plasticizer reaction, from having been stored in a flip containing PVC. It's a death sentence for the coin if not treated, if that's the cause.
I've got some of that good stuff on a 1921 morgan, as well as a 1904-O (with a nice almost PL obv!). I'm still trying to get it all off. What a mess!
Acetone removes it completely, usually in a few minutes. We discuss its' use here all the time; look for it with the Search function.
Oh yea? So do coin collectors accept a dipped coin as easily as a non dipped? Personally I feel the need to remove/clean them but I won't purely because the numismatic community wouldn't want them in the future should the need arise to sell.
Soaking/rinsing a coin in acetone to remove PVC is different than using a "dip" that strips a layer off the coin. Acetone won't damage the coin in any way as long as you don't rub or wipe the coin.
The conversation about conservation never stops. Harsh cleaning (often referred to as cleaning) leaves marks on a coin and damages it. Correct cleaning (often referred to as conservation) leaves no evidence and can improve the appearance and value of a dirty...unclean...shmootzy...coin. Acetone without scrubbing it will remove crud and improve the coin. Be careful, less is often more with cleaning.
Well in the case of PVC residue, it will only get worse and end up damaging the metal itself, so at this point its a dilemma between a dip or damage. Sort of like with dateless Buffs, you wither vinegar date them and damage the coin, or leave it dateless and never know whether or not it's a good date.