Grading Tutorial on Morgans

Discussion in 'US Coins Forum' started by Mark Metzger, Apr 24, 2017.

  1. Bman33

    Bman33 Well-Known Member

    I have a graded 1887 Morgan in a 64. I can use this 1897 as my example for an MS63. Thanks for the help!
     
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  3. eddiespin

    eddiespin Fast Eddie

    You're welcome. But always remember, it's a subjective analysis. But that's the basic thought process, the negative and positive, you're subjectively weighing on your coin.

    Good luck. This isn't hard. You'll catch on. :)
     
    green18 and Insider like this.
  4. Bman33

    Bman33 Well-Known Member

    Didn't see this. I'll get on it tonight when I get home from work.
     
  5. GDJMSP

    GDJMSP Numismatist Moderator

    Hmmmm. There seems to be one thing missing in all of the replies regarding the OP's coin. It was kind of touched upon by John Coxe, but not really.

    What I am talking about is this, the early '80s S mint Morgans are one of the exceptions to the rule when it comes to grading them. As John mentioned examples of these coins are known to be found quite nice. But this is what he did not mention, the vast majority of them are so nice that they are to be graded differently, more strictly than other Morgans are graded.

    For example, if you were looking at 3 coins, an '80-S, an '80-CC, and an '80-P and all 3 coins had similar detractors in all the same locations, were all 3 of equal luster, all 3 had equal quality of strike, etc etc - while the CC and P mint coins might grade 64, the S mint coin would only grade a 63. In other words the early S mint Morgans are held to a higher standard, and justly so.

    Given that, I would grade the OP's coin no higher than 63. And in the past at least, so would the TPGs.

    Now the early S mint Morgans are not the only exceptions like this, there are a few other exceptions, in other denominations and other mint/date combinations. Most if not all of these are well known and written about, and noted as being held to a higher standard when grading them.
     
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  6. Insider

    Insider Talent on loan from...

    I should like to make a suggestion about all GTG posts.

    There are all levels of knowledge on CT. One of the things this site attempts to do is to educate. Therefore as suggestion:

    As Doug has done above, when you guess a grade, tell why you reached that conclusion. It would be very helpful.

    Example: MS-64 is not very educational on its own. While, MS-64 because the coin has a weak strike, some light scattered marks, fully original luster, a tiny patch of hairlines or very light scrape on the reverse near the rim, attractive eye appeal, etc.

    Just a suggestion. ;)
     
    Nyatii, CoinZone, micbraun and 2 others like this.
  7. fish4uinmd

    fish4uinmd Well-Known Member

    I would suggest you pick up a copy of Jason Poe's book...The Art and Science of Grading Coins.
     
  8. Paddy54

    Paddy54 Well-Known Member

    Until I read Doug ' s post I was going to mention the same about the 1880 S and the grading curve . The 1880 S Morgan is one of my favorite Morgan dollars to collect.
    I must have 15 to 20 raw and graded.
    When you lay them side by side and compare them raw as well as graded you can definitely see the difference in grades.
    Then pick out another nice Morgan different date in a 65 and then you can really see the difference . Again I'm bias but even a 62/63- 80 S is a sweet looking coin,especially if there a fair amount of luster and eye appeal .
     
  9. green18

    green18 Unknown member Sweet on Commemorative Coins

    And one most worthy. Too many times we don't report the reason for our conclusions.
     
    Insider likes this.
  10. green18

    green18 Unknown member Sweet on Commemorative Coins

    Don't make you no expert.........I've got the volume, and still learning from one half my age...........God that sucks.........
     
  11. Morgandude11

    Morgandude11 As long as it's Silver, I'm listening

    I am going to be the tough grader here. There are actual scratches on the cheek, and a cut on the neck. The fields have many bag marks on the obverse, and two very rough areas of bag marks on the reverse, in the fields. The strike is far from extraordinary for a date known for very strong strikes. Given the number of really nice examples of that date, I am going low at MS 61.
     
  12. Bman33

    Bman33 Well-Known Member

    The 80S or 97P?
     
  13. Bman33

    Bman33 Well-Known Member

    Here's another picture of the Obverse. The Bag mark running down her face is much more prominent in this shot. I didn't even see it until I looked at it with 5 times magnification which I believe is what they use to grade. 1897 Bagmark.jpg
     
  14. Bman33

    Bman33 Well-Known Member

    And a new shot of the 97 Bagmark Reverse.jpg Reverse
     
  15. Bman33

    Bman33 Well-Known Member

    with these shots I believe a lot more is revealed. I was able to get a decent shot closer up.
     
  16. GDJMSP

    GDJMSP Numismatist Moderator

    The '97, no grade, scratched.
     
    Kentucky likes this.
  17. Bman33

    Bman33 Well-Known Member

    Second coin I ever bought knowing nothing of what I was doing. Spent $35.00 on it. Oh Well, you live and learn. I will never go to that LCS again.
     
  18. Insider

    Insider Talent on loan from...

    LCS owners can become great friends and mentors. Don't cut off any source of coins close to you.

    When you learn to grade and with hard work and study become a better numismatist than the dealer at the LCS, you will, and be very happy ($$$) you did. :D
     
  19. Bman33

    Bman33 Well-Known Member

    I went to another LCS yesterday and he said he would give me Grey Sheet on CC's. Kind of weird he doesn't keep them in his store so I would have to call and tell him to bring them. His are ungraded and he said I could take all the pictures I want before I buy. I will wait til I am ready though. And I will post the pics on this site too. CC's aren't cheap. At least I got burned on a $35.00 coin rather than something much more expensive.
     
  20. tmoneyeagles

    tmoneyeagles Indian Buffalo Gatherer

    What would be unjust about them being held to the same standard?
     
    Insider likes this.
  21. Insider

    Insider Talent on loan from...

    It's called market grading and unless you know subtleties like this and the value of particular date coins in each condition, it is virtually impossible for the average collector to do. That's the way the "big :greedy: boys" want it.
     
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