Looking for advice.. Is it worth sending this 1882-S Morgan in for grading, or just leave it raw? Thanks!
Keep in mind that the 80-S, 81-S & 82-S were produced with very nice strikes and booming luster. The luster on the reverse of your specimen looks pretty nice, but the obverse seems a tad on the dull side. I think I'd keep it just the way it is. Chris
Not worth sending off IMHO. The difference between the selling cost of this coin raw vs the selling cost of this coin certified in low-end MS condition will not justify the cost of grading.
Thanks for your input, everyone. I will just leave her in the airtight. What do you think it would grade if I did send it off... Around a MS64?
I think it is pretty much on par with another coin on my collection - that I believe to be under-graded - but it wouldn't be the first time I would be disappointed with a grade.. My hope that this coin would be graded a MS64+ - but if it doesn't hit that - then it is a waste of time sending it in... Thanks for your input - some times its hard to look objectively at coins in your own collection.
Matt, 1880-1882-S Minted coins are known for incredibly good strike and frosty devices. The coins look insanely good even in lower Mint State grades. I would venture to say that this coin will not garner an exceptional grade, nor would it compare to examples that do. Leave it raw.
My advice is - "it depends". The original reason for slabbing (enough of a difference in value to make the fee pay for itself) would strongly suggest "No". On the other hand, if it is your intention to have EVERY similar coin you acquire slabbed, for consistency in look and feel, then you might want to. Just don't expect the value proposition to work for you.
Matt, your PCGS 1898-O doesn't seem to be undergraded. I'd expect more luster and less hits on focal areas of a true MS65 Morgan. It's a common year coin and it has a CAC sticker - not worth re-submitting, except if it was a well-known VAM and you want the variety mentioned on the label.
Well since I have all of you here do you think that this mercury is worth sending to CAC? I feel that it might be under-graded, but I love the old rattler holders.
In my humble opinion, that Merc is undergraded by modern standards. It should almost certainly green bean, and MAY gold bean.
Very nice coin! I can not grade above a 65 without actually holding and moving the coin around under correct lighting.
It's hard to tell from pictures, but dull surfaces can be a sign of heavy dipping. Luster is due to microscopic lines caused be the metal flowing from the center towards he rim during striking. Tarnish is usually some sort of silver sulphide (Ag2S). The sulfur reacts with the silver atoms on the surface of the coin forming toning. The thicker the Ag2S, the darker the toning. Dipping a coin removes the Ag2S. This actually removes some of the silver from the surface because it reacted to form the toning. Remove enough of the silver that causes the luster and you get a dull coin. I think it's been dipped and will come back as cleaned, but can't say for certain.
That was his problem to begin with, he can't say for certain. I believe he wasn't looking for agreement but someone who could help him with a stand on their opinion, one way or another. See post #15 IMHO.