1893 and 1895 O Morgan dollars

Discussion in 'What's it Worth' started by RobotMan, Jun 14, 2025.

  1. RobotMan

    RobotMan New Member

    I posted about these two coins in another thread here where a member recommended I start a separate thread for them. I would like to have them graded and sell them assuming they're verified to be real. Which grading service should I look at using for them?

     
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  3. green18

    green18 Unknown member Sweet on Commemorative Coins

    Off hand, the New Orleans is a VF-20. The 1893 is F-12. In my humble estimation you should save your money and not send them in for grading. The return on selling them, coupled with the cost of grading would be abysmal......
     
    Dynoking, Inspector43 and Spark1951 like this.
  4. Collecting Nut

    Collecting Nut Borderline Hoarder

    Having these two coins graded will raise the value but when you factor in the grading fees you’ll get less than selling them raw.
     
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  5. Spark1951

    Spark1951 Accomplishment, not Activity

    @green18 is right because they are both borderline value candidates. The 1893 is approx $185 and the 1895-O is near $375-400. Adding grading, shipping, taxes, insurance…etc….sometimes doesn’t make sense cuz you may not recoup these costs when you sell.

    If you are set on slabbing, go ANACS for these two.
     
  6. ldhair

    ldhair Clean Supporter

    I would fear that PCGS would not be kind to the dark toning of the 1895-O. I'm not sure what the other services would think.
     
  7. RobotMan

    RobotMan New Member

    Thank you all for the replies. It sounds like getting them graded isn't worth it. Where would I look at trying to get the most value for them other than a coin shop?
     
  8. Spark1951

    Spark1951 Accomplishment, not Activity

    Coin shows, Coin clubs, person to person or even here on CT. Members here would tell you the truth and get you a fair price based on all the positives and negatives.
     
  9. Bill in Burl

    Bill in Burl Collector

    Yes, as Spark above mentioned, if you live in an area with a coin club, most have auctions or sales before every meeting
     
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